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+--- Thread: Amazon ACTUALLY Buys Twitch for $970M (/Thread-Amazon-ACTUALLY-Buys-Twitch-for-970M)
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Amazon ACTUALLY Buys Twitch for $970M - Shebang - 08-26-2014
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.
Source: Twitch.tv
So, what do you think about Amazon owning Twitch, not Google, which was a rumor reported on earlier? I'm happy about it, I think it's exactly what they needed.
RE: Amazon ACTUALLY Buys Twitch for $970M - Feat - 08-26-2014
I'm actually very happy that it wasn't Google. Hopefully Amazon doesn't change it that much.
RE: Amazon ACTUALLY Buys Twitch for $970M - Alex - 08-26-2014
I'm watching Summit1G stream and he has a Twitch Admin in it and he said there isn't a difference the same people are working there it's just now own buy Amazon lol.
RE: Amazon ACTUALLY Buys Twitch for $970M - Shebang - 08-26-2014
(08-26-2014, 02:31 AM)Alex Wrote: I'm watching Summit1G stream and he has a Twitch Admin in it and he said there isn't a difference the same people are working there it's just now own buy Amazon lol.
Exactly. There are no changes being made to the company in terms of the team behind it. Now they just have Amazon's backing, means they have much more opportunity for extra stuff to be done.
RE: Amazon ACTUALLY Buys Twitch for $970M - Alex - 08-26-2014
(08-26-2014, 02:33 AM).Shebang Wrote: Exactly. There are no changes being made to the company in terms of the team behind it. Now they just have Amazon's backing, means they have much more opportunity for extra stuff to be done.
Yep, I don't mind. I planning on to streaming soon with my friends and hopefully get a viewer base. We are trying to get the required set up first though.
I forgot to add that the Admin is happy about it.
RE: Amazon ACTUALLY Buys Twitch for $970M - Feat - 08-26-2014
(08-26-2014, 02:33 AM).Shebang Wrote: Exactly. There are no changes being made to the company in terms of the team behind it. Now they just have Amazon's backing, means they have much more opportunity for extra stuff to be done.
Now this makes me even more happy. Praise our lord and saviour Satan.
RE: Amazon ACTUALLY Buys Twitch for $970M - Losi - 08-26-2014
That's great. I have a feeling Amazon won't fuck this up. Hell, they might add some cool/useful stuff to Twitch.
RE: Amazon ACTUALLY Buys Twitch for $970M - Silent Reaper - 08-26-2014
Prepare your anus for kindle commercials.
That is all.
RE: Amazon ACTUALLY Buys Twitch for $970M - Shebang - 08-26-2014
(08-26-2014, 02:37 AM)Losi Wrote: That's great. I have a feeling Amazon won't fuck this up. Hell, they might add some cool/useful stuff to Twitch.
Now introducing: Twitch Prime!
Ever wanted to get the streams you've been looking for, but not getting them fast enough? For $100 a year, you can have drones deliver the latest, top-of-the-line tablets with a direct link to the streamers home! Get the updates faster than anyone else!
RE: Amazon ACTUALLY Buys Twitch for $970M - Astro - 08-26-2014
Now we can SE Twitch as well as Amazon with ease.