Understanding Characteristics of Popular Streamers on Live Streaming Platforms: Evidence from Twitch.tv

Abstract

Live streaming platforms such as Twitch and Periscope have become some of the most popular synchronous social networking services. In order to attract viewers, streamers are motivated to broadcast exciting video content while actively interacting with viewers. The emerging stream of research on the live streaming community has examined the streamers’ motivations and how the viewers react to streamers. However, few studies have focused on understanding the characteristics of popular streamers. Popular streamers create tremendous business value for social media influencer investors, as they have high potential to create persuasive advertisements and endorsements for firms by promoting their products and services. We aim at examining the key characteristics that associate with the streamers’ viewer base, namely their personality, professionalism, and streaming affordance. Based on text mining and analyses of video content, our results show: 1) certain personality traits (such as openness) are negatively associated with both cumulative and current popularity; 2) professional players are more likely to attract a larger viewer base; 3) and the social affordance, including profile building affordance, social connectivity, and social interactivity, is positively associated with both cumulative and current popularity. Our results provide useful insights into measuring and evaluating streamers’ popularity, which in turn generates actionable strategies for social media influencer investors and platform operators.

Keywords: Live Streaming, Personality, Streamer, Popularity, Video analysis, Text Mining

JEL Classification: Y9