Amazon Buys Twitch for $970 Million
"The Game Streaming Service Has Been Bought By Amazon"
Twitch has confirmed that they have been acquired by Amazon. The deal will be finalized later this year. In a letter
from Twitch CEO Emmett Shear he explained how Twitch has come a long way in short time and how Amazon will help them grow faster. He also explained how Twitch will not be radically changing explaining that they will still have the same name, brand, office and will remain independent.
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.
Twitch is a streaming service that allows gamers on PC, Console and other platforms to livestream gameplay and for other users to watch and chat. The service has quickly become popular and helped create a new way for people to share their gaming experiences. Some have even found a career streaming, as Twitch CEO Emmett Smear explains in his letter to the Twitch community.
Together with you, we've found new ways of connecting developers and publishers with their fans. We've created a whole new kind of career that lets people make a living sharing their love of games. We've brought billions of hours of entertainment, laughter, joy and the occasional ragequit. I think we can all call that a pretty good start.
Earlier this year rumors said that Google was getting ready to announce a deal with Twitch. We don't know if that was true and when Amazon decided to make a offer on Twitch but after Twitch cracking down on copyrighted music recently, it seems they were trying to make themselves look more appealing to a potential buyer.