Tuesday, 26 August 2014

Amazon Buys Twitch.




By Sam Coles:

The online shopping retailer Amazon have bought the online broadcaster Twitch.tv with the deal of $970 million. It did surface that Google were going to buy Twitch for $1 Billion.

Twitch CEO Emmett Shear stated that “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.”

Followed by a statement from Amazon CEO Jeff Bezos “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, 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.”

Deal will go ahead later this year and then that will be a another video service to Amazon's list, but what do you think? Do you think it's a good idea for Amazon to buy Twitch or no?

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