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Amazon to acquire Twitch in a $970 million cash deal
http://www.gamasutra.com/view/news/224090/Amazon_to_acquire_Twitch_in_a_970_million_cash_deal.php?elq=b4801eb5e4a44046be853567d98e250c&elqCampaignId=7633
I hadn't even heard of twitch.tv until today, but apparently in USA it's amazingly popular
http://www.businessinsider.com/heres-why-amazon-paid-almost-1-billion-for-twitch-2014-8
Quote:
Twitch is huge. In an April report, it accounted for more than 40% of live-streaming traffic by volume in the U.S., according to online video analytics site Qwilt. That made it the No. 1 live-streaming platform by a large margin.
Quote:
BI Intelligence
In February, Twitch was fourth in peak internet traffic in the U.S. after Netflix, Google, and Apple, respectively. At 1.8%, it was bigger than Hulu, Amazon, and Facebook in peak traffic.
My son loves Twitch - I think he even has an app on his phone to follow it. But really, so much money. These online acquisitions are getting out of hand!
Quote:
smurfette says...
"But really, so much money. These online acquisitions are getting out of hand!"
You just take the money you should have paid in tax, and then buy a company with it. No brainer really.
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Quote:
admars says...
"I hadn't even heard of twitch.tv until today"
Thought it was a Yorkshire TV remake of Bewitched.
Snaps
My new Flash Fiction blog. All my own work
500ish
I used to be with it, but then they changed what `it` was.
Now, what I`m with isn`t it, and what`s `it` seems weird and scary
No wearing bikini tops on twitch anymore!
http://www.computerandvideogames.com/479495/twitch-bans-sexually-suggestive-clothing-in-new-terms/
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