Amazon Purchases Twitch for $970 Million
![MMOHuts Default Image 604x339 MMOHuts Default Image 604x339](https://cdn.mmohuts.com/wp-content/uploads/2012/01/MMOHuts_Thumbnails_604x339.jpg)
As Reuters reported on Monday, the Internet retailer giant Amazon has purchased streaming site Twitch for $970 million. This occurred after reports that the deal between Google and Twitch had failed. The deal is expected to close by the end of year.
Twitch Chief Executive Officer Emmett Shear was quoted as saying the following regarding the choice of Amazon:
“The reason why we reached out to Amazon, the reason I thought working for Amazon, having Twitch being a part of Amazon, would be a great idea for us (because) they would give us the resources to pursue these things that we honestly already want to pursue and they’d let us do it faster.”
Actual details as to what this will mean for both Twitch users and Amazon consumers are still vague and in discussion, but it’s very possible we’ll see future support for Twitch on Kindle devices and better monetization for Twitch advertising and partner sales in the future.
A thank you letter from Twitch’s CEO can be read here.
Articles You May Enjoy
- Sweet Science Comes Out Swinging in Block N Load
- This weekend sees another new hero join the full game roster and unleashes a weekend Ablockalypse with a new special game mode.
- Dungeon Battles: Evolutionary Action Strategy Game Now on iOS
- Digital Dinosaurâ„¢ Games today announced the release of Dungeon Battles: Heroes of the Throne, an evolutionary, Free-To-Play, action strategy...
- Runescape/Old-School Runescape coming to Tablet/Mobile
- Huge news from Jagex: Runescape as well as Old-School Runescape are coming to both mobile and tablet.