Amazon Acquires Twitch

#1
BearCat204

BearCat204

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#1
SEATTLE—August 25, 2014—Amazon.com, Inc. (NASDAQ: AMZN) today announced that it has reached an agreement to acquire Twitch Interactive, Inc., the leading live video platform for gamers. In July, more than 55 million unique visitors viewed more than 15 billion minutes of content on Twitch produced by more than 1 million broadcasters, including individual gamers, pro players, publishers, developers, media outlets, conventions and stadium-filling esports organizations.

"Broadcasting and watching gameplay is a global phenomenon and Twitch has built a platform that brings together tens of millions of people who watch billions of minutes of games each month – from The International, to breaking the world record for Mario, to gaming conferences like E3. And, amazingly, Twitch is only three years old," said Jeff Bezos, founder and CEO of Amazon.com. "Like Twitch, we obsess over customers and like to think differently, and we look forward to learning from them and helping them move even faster to build new services for the gaming community."

"Amazon and Twitch optimize for our customers first and are both believers in the future of gaming," said Twitch CEO Emmett Shear. "Being part of Amazon will let us do even more for our community. We will be able to create tools and services faster than we could have independently. This change will mean great things for our community, and will let us bring Twitch to even more people around the world."

Twitch launched in June 2011 to focus exclusively on live video for gamers. Under the terms of the agreement, which has been approved by Twitch's shareholders, Amazon will acquire all of the outstanding shares of Twitch for approximately $970 million in cash, as adjusted for the assumption of options and other items. Subject to customary closing conditions, the acquisition is expected to close in the second half of 2014.
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better than Youtube IMO
 
#4
#4
Do you guys mainly use for entertainment or knowledge/strategy?
 
#5
#5
I'm still dumbfounded that there's a market for this, let alone a large and viable one.
 
#7
#7
My kids are all about some twitch.

My thoughts are I'd rather be playing that watching someone else do it. Call me old fashioned, I guess :crazy:
 
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#8
#8
Toujours Pret said:
I'm still dumbfounded that there's a market for this, let alone a large and viable one.
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I always thought Twitch was a great idea in that it allows a youtuber/gamer to directly interact with followers live. Gaming will always be popular in our society, and with more and more games out there, there are more and more gamers trying to break through. A lot of youtubers are just recently experimenting with live streaming most of their content (or at least consistently), and I don't mind that at all. Twitch allows it to become like a live event, where you can interact with other followers and pay if you want to.
 
#12
#12
BearCat204 said:
It's a huge business even for broadcasters. Some of them make a ton of money for broadcasting and having advertisers
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Very much so. Check out Summit1g stream. He has made some crazy money with streaming CS:GO and Dayz

Watch the very first of the video. His donation popup on the top of his stream. I mean I am happy for the people that can make this work for a job, but I simply have no desire to give them money. But hey good for them and the people that do...

[youtube]https://www.youtube.com/watch?v=Cxn9kXY4LKQ[/youtube]
 
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#13
#13
SmokeyVol said:
Very much so. Check out Summit1g stream. He has made some crazy money with streaming CS:GO and Dayz



Watch the very first of the video. His donation popup on the top of his stream. I mean I am happy for the people that can make this work for a job, but I simply have no desire to give them money. But hey good for them and the people that do...



[youtube]https://www.youtube.com/watch?v=Cxn9kXY4LKQ[/youtube]
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I agree smoke. Good for them. I will follow them but I am not subscribing on twitch.
 
#14
#14
I don't see a point in supporting the big streamers...but I have supported a few smaller channels of people I have either met in game before, or personally know. But for people who have no problem with money it can be a very good source of revenue for the streamer.
 
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