Amazon Buys Twitch... but to what end?
Published in News
Monday, 25 August 2014 16:22

Amazon Buys Twitch... but to what end?

Hey, remember all of those rumors that YouTube would by live streaming service Twitch? Well it looks like all of that might have been wrong. According to a new report uncovered by the Wall Street Journal it is not YouTube or Google that is buying up Twitch, it is Amazon. This is something of a departure from what most analysts felt was going to happen within the company. A lot of people felt the marriage of Twitch and YouTube was one that made sense even if there was reluctance on the part of the community.

The long rumored acquisition of game-streaming service Twitch by Ad-Giant Google has finally been confirmed, in what is looking to be a $1Billion deal. The original rumor surfaced back in May of this year when an article appeared in Variety. There were rumors that Microsoft and even Facebook were also looking into a purchase.

Google has apparently decided to buy Twitch, a platform for publishing content from games, according to Variety. The value of the acquisition is estimated at over a billion dollars.