Amazon Buys Twitch

Amazon Buys Twitch

Amazon Buys Twitch

 Amazon Buys Twitch for $970 Million

Despite what many reports said earlier this year suggesting, Google, through its YouTube subsidiary, did not acquire Twitch.

Today it has been announced by Twitch itself that they have been acquired by Amazon in a deal where Amazon will purchase all outstanding shares of Twitch for roughly $970 million in cash. This deal has been approved by Twitch's shareholders and should be completed sometime later this year.


Amazon Buys Twitch


This is what Twitch's CEO Emmett Shear had to say;


"Today, I’m pleased to announce we’ve been acquired by Amazon. We chose Amazon because they believe in our community, they share our values and long-term vision, and they want to help us get there faster. We’re keeping most everything the same: our office, our employees, our brand, and most importantly our independence. But with Amazon’s support we’ll have the resources to bring you an even better Twitch.

I personally want to thank you, each and every member of the Twitch community, for what you’ve created. Thank you for putting your faith in us. Thank you for sticking with us through growing pains and stumbles. Thank you for bringing your very best to us and sharing it with the world. Thank you, from a group of gamers who never dreamed they’d get to help shape the face of the industry that we love so much.

It’s dangerous to go alone. On behalf of myself and everyone else at Twitch, thank you for coming with us."


Twitch is the largest live-streaming website in the United States by a wide margin, and this year has started to expanded into non-gaming ventures, like streaming concerts and other live content.

Now with mayor company backing them Twitch should see further development and global recognition, but with that comes many other consequences, the first and notable being Twitch's recent crack down on copyrighted music content.

Join the discussion on Amazon's Acquisition of Twitch on the OC3D Forums.



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Most Recent Comments

25-08-2014, 16:59:41

Unlike what previous rumors suggested, Amazon has purchased Twitch for just under $1 Billion and not Google like previously though.

Read more about Amazon's Acquisition of Twitch hereQuote

25-08-2014, 17:06:39

Arh nads! I'll just delete my write up. Nice catch WYP.Quote

25-08-2014, 17:11:01

Originally Posted by Wraithguard View Post
Arh nads! I'll just delete my write up. Nice catch WYP.
Look at what I just found! A little teaser for you guys on my next article

25-08-2014, 17:14:41

That is fo shizzle a nice looking board!Quote

25-08-2014, 18:36:53

Originally Posted by Watsyerproblem View Post
Look at what I just found! A little teaser for you guys on my next article
As, so this is what Tom is putting in Orca Quote

25-08-2014, 20:38:28

little update on the topic, 30 minute stream explaining some things

26-08-2014, 10:40:47

And now it turns out that google was actually going to buy twitch but they have backed out

Over the last few months there were plenty of rumors floating around suggesting that Google buying Twitch was practically a done deal. However, it turns out that Google supposedly backed out due to anti trust issues, thus paving the way for Amazon to snap up the streaming service for $970 million.
According to Forbes, the Google deal was never finalized thanks to the potential for anti-trust issues to come up due to the company already owning YouTube, the largest content streaming site around today. In addition, the two companies couldn’t agree on a ‘break up’ fee should the deal fall through.

26-08-2014, 10:47:05

If amazon leave it alone (excluding giving Twitch more servers) it'd be nice. Will they do that? I doubt it .Quote

26-08-2014, 16:02:54

I hope there's no Amazon Prime/Twitch mash-up Quote

26-08-2014, 18:43:46

Ya i read this earlier. It has potential to get better but a lot more to get worse.Quote

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