Amazon Buys Twitch For Almost $1 Billion

Posted by Bob Muir on Aug 26, 2014 in Videogames

Twitch

Twitch is a rising star of the internet, allowing gamers to stream their games for everyone to watch. While there were rumors earlier this year that Google was in the process of buying the company, it turns out that they were false. Amazon has officially purchased Twitch for $970 million, which is quite a nice sum. I had a feeling something like this was happening, as Twitch recently attempted to not only change how past streams were stored on the site, but also implement a music copyright system to regulate archived broadcasts. What this means for the average streamer or viewer remains to be seen, but it sounds like business as usual. It seems that Twitch will continue operating independent of Amazon, but I’m sure they’ll have access to more of Amazon’s resources. Hopefully things continue running smoothly! Read more…

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