Aug 26, 2014

Twitch sold for a billion

"Amazon, not Google" buys Twitch (that's how The Verge puts it). Anyone remembers the fish playing Street Fighter from a few days ago? That was Twitch. It is roughly 3 years old. Today, its roughly 55 million unique visitors (per month) view more than 15 billion (!) minutes of content. The great thing about Twitch is that both me and you, professional gamers as well as huge game tournaments can stream their content and find a game-loving audience. And Amazon wants to get deeper into gaming, as it is just another way to win "the war for the living room".

Why it makes sense for Amazon to buy Twitch:
http://www.theverge.com/2014/8/25/6066509/why-it-makes-sense-for-amazon-to-buy-twitch

Amazon press release
http://phx.corporate-ir.net/phoenix.zhtml?c=176060&p=irol-newsArticle&ID=1960768&highlight=