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Amazon snaps up live gaming video service Twitch for $970m

on Aug 26, 2014 | 0 comments

By John Glenday

Internet retailer Amazon has further expanded its interests with the purchase of Twitch, the live video service Twitch as part of efforts to grow its services for the gaming community, for a cool $970m.

Twitch, launched just three years ago in June 2011, has grown to receive more than 55m unique visitors last month who viewed a cumulative 15bn minutes of content produced by over 1m broadcasters.

Popular with individuals, professional gamers, publishers, developers, media, conventions and esports events the service charts everything from world record Mario attempts to coverage of the industry’s premier conference, E3.

Outlining the rationale behind the move Jeff Read full story ›

Source: The Drum