Hitbox.tv

History

In November 2015 SeedInvest, along with Wargaming and North Base Media, funded Hitbox with investing $4,000,000 USD. CEO/Co-founder Martin Klimscha was interviewed about Hitbox. He stated that "our goal at the moment is to build a superior live streaming platform" therefore taking on Twitch.tv. Martin Klimscha also stated that they wanted to improve the game streaming service by reducing latency. Martin Klimscha went on to mention that Hitbox was to be more than the "streamer and the chatbox" but it is to "build interactivity into this live streaming experience. Twitch.tv's CEO Emmett Shear held a Ask me Anything (AMA) on Reddit mentioning that Twitch would be "muting of archived streams playing music that was not licensed in previously recorded Video On Demand". He went onto say that Twitch would "scanning for 'ambient music' being played in the background by streamers".

Hitbox would be hoping to capitalize on this by not being as strict on Video on demand. In April 2016 Hitbox "signed a two-year contract with ESL gaming, Dreamhack, and Wargaming". ESL and Wargaming only exclusively partnered with Twitch in the past. "Hitbox does offer revenue-share for non-partners and their service is slightly more South-African friendly." Hitbox partnered with broadcasting company Nav-TV in South America. A third party has released an app for the company on the Windows App Store. There is also an app for Android as well as IOS.

Hitbox plans to offer a 60 FPS, 4K resolution streaming service in late 2016. Hitbox currently has about 6 million monthly active users. It has been announced officially use the HTML5 video player instead of using the Flash Video player. In November 2016 WarGaming among other investors invested $4 million US dollars into Hitbox.

On January 10, 2017, Hitbox announced through their blog that they are being acquired by Azubu. For the moment they will remain a separate entity.