Monday, August 25, 2014

Amazon to Buy Twitch



by Nick Dowell

UPDATE: Amazon has officially purchased Twitch. According to Amazon, the purchase price will be $970 million in cash.

Twitch gave a press release, which can be seen here. The CEO of Twitch, Emmett Shear also released a "thank you" letter to the public that can be read here.

ORIGINAL STORY:
The online video stream service Twitch is being purchased by Amazon for over $1 billion, the Wall Street Journal and The Information say. The announcement of the purchase should be coming shortly, possibly even today.

This news comes a month after a report that a deal between Twitch and Google had been "confirmed," which apparently was not true.
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Source: Kotaku
Image: Kotaku