• Confirmed: Amazon Reportedly Buying Twitch After Google Deal Falls Through

                After months of speculation of a Google buyout of Twitch for $1 billion dollars and rumors of that deal falling through it would seem that Amazon has now pounced at the opportunity and will now be purchasing Twitch for the same amount. Both The Information and Wall Street Journal cite sources close to the deal which was similar to the Google reports earlier this year so this isn't a done deal yet but the sources say its in the final stages and could be announced soon.

                Update: Amazon and Twitch have confirmed the news, Letter from Twitch CEO and Amazon PR below. They official sale price is $970 million.


                Letter from the CEO August 25, 2014:
                Dear Twitch Community, It’s almost unbelievable that slightly more than 3 years ago, Twitch didn’t exist. The moment we launched, we knew we had stumbled across something special. But what followed surprised us as much as anyone else, and the impact it’s had on both the community and us has been truly profound. Your talent, your passion, your dedication to gaming, your memes, your brilliance - these have made Twitch what it is today. Every day, we strive to live up to the standard set by you, the community. We want to create the very best place to share your gaming and life online, and that mission continues to guide us. 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. 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. I personally want to thank you, each and every member of the Twitch community, for what you’ve created. Thank you for putting your faith in us. Thank you for sticking with us through growing pains and stumbles. Thank you for bringing your very best to us and sharing it with the world. Thank you, from a group of gamers who never dreamed they’d get to help shape the face of the industry that we love so much. It’s dangerous to go alone. On behalf of myself and everyone else at Twitch, thank you for coming with us. Emmett Shear, CEO

                Amazon Press Release:
                Amazon.com, Inc. (NASDAQ: AMZN) today announced that it has reached an agreement to acquire Twitch Interactive, Inc., the leading live video platform for gamers. In July, more than 55 million unique visitors viewed more than 15 billion minutes of content on Twitch produced by more than 1 million broadcasters, including individual gamers, pro players, publishers, developers, media outlets, conventions and stadium-filling esports organizations.

                “Broadcasting and watching gameplay is a global phenomenon and Twitch has built a platform that brings together tens of millions of people who watch billions of minutes of games each month – from The International, to breaking the world record for Mario, to gaming conferences like E3. And, amazingly, Twitch is only three years old,” said Jeff Bezos, founder and CEO of Amazon.com. “Like Twitch, we obsess over customers and like to think differently, and we look forward to learning from them and helping them move even faster to build new services for the gaming community.”

                “Amazon and Twitch optimize for our customers first and are both believers in the future of gaming,” said Twitch CEO Emmett Shear. “Being part of Amazon will let us do even more for our community. We will be able to create tools and services faster than we could have independently. This change will mean great things for our community, and will let us bring Twitch to even more people around the world.”

                Twitch launched in June 2011 to focus exclusively on live video for gamers. Under the terms of the agreement, which has been approved by Twitch’s shareholders, Amazon will acquire all of the outstanding shares of Twitch for approximately $970 million in cash, as adjusted for the assumption of options and other items. Subject to customary closing conditions, the acquisition is expected to close in the second half of 2014.


                Sources: The Information, WSJ(w/subscription), Twitch

                Comments 14 Comments
                1. SadPanda's Avatar
                  SadPanda -
                  I don't even... So see the game and buy on Amazon links?
                1. curryking1's Avatar
                  curryking1 -
                  That's really weird, hopefully all these happenings don't hurt Twitch as a service. I really like it.
                1. masteratt's Avatar
                  masteratt -
                  Quote Originally Posted by SadPanda View Post
                  I don't even... So see the game and buy on Amazon links?
                  awesome idea. and big companies might start seeing the benefits (they can track the fact purchase was referred from a twitch stream).


                  this is better than google getting it i suppose. youtube / twitch combo would have been too strong. and ceo genuinely seems to believe amazon shares their vision (i know they'll say anything but google deal fell through so looks like twitch was strict on conditison) and of course they have huge data centres and provide amazon web services (AWS) so that can't hurt.
                1. Segitz's Avatar
                  Segitz -
                  Better than Google? I think so... but better than stand alone? I dunno... their recent "copyright" implementations suck ass, as well as the deletion of archived streams. game is a game... it includes audio and video. Even if it's "licensed", it's still part of the game. Don't mute it.
                1. masteratt's Avatar
                  masteratt -
                  Quote Originally Posted by Segitz View Post
                  Better than Google? I think so... but better than stand alone? I dunno... their recent "copyright" implementations suck ass, as well as the deletion of archived streams. game is a game... it includes audio and video. Even if it's "licensed", it's still part of the game. Don't mute it.
                  archived streams i get. it's a site for live videos. and they put stats up saying barely any people watched those archived vids. say i or you stream to an audience of 1-5 people at best for 5 hours. that stream gets archived. who the heck is gonna watch that. 5hour data stored for nothing.

                  audio only cuts on recorded videos. live streams are completely untouched. AND, other than system bugs, game audio is NOT cut. it's only say you play britney spears or whatever over the game sound that it interferes. this can work a bit shit atm but any 'unjust' cuts they get around to fixing. but again, VOD on twitch, eh.

                  i too got 'bad flavour' from that announcement but honestly in practice, i can't remember the last time i watched a VOD on twitch. and couple highlights i checked out recently were completely untouched far as audio cut outs.
                1. Segitz's Avatar
                  Segitz -
                  I've seen at least 2 archived streams with missing audio... I give you that the GTA:VC speedrun is borderline. But Hitman 2? Come on.
                1. masteratt's Avatar
                  masteratt -
                  system is definitely not perfect. it is automated after all, always error prone. there is i believe a "the audio cutting on this vid was BS" (not official name ) button which makes twitch look into it.

                  anyway i'm not here to play twitch pr, but just saying they did well to listen to users and adjust the unpopular features so that they are more sensible (another change was removing the 2 hour limit on highlights). and as a user (a long time and frequent one), i haven't felt my enjoyment of the site diminish in any way which is important to note because my reaction to these changes at first was way more negative. but only in practice do you see how it actually affects you, which in this case wasn't much at all.
                1. solidsnakejej's Avatar
                  solidsnakejej -
                  Guess someone isn't happy with the deal, twitch is currently down.
                  http://www.twitch.tv/
                1. masteratt's Avatar
                  masteratt -
                  don't want to give their name (all they want is attention) but same group as ms/sony/battle.net/etc ddos attacks is behind it. i don't think they have an agenda, they are just 'having lulz'.
                1. SadPanda's Avatar
                  SadPanda -
                  I really hope these people get thrown in jail. So in 8-10 when they get out they've lost the prime of their life that they end up stuck in shitty jobs for ever.
                1. Segitz's Avatar
                  Segitz -
                  Ah... it's just ddos... I hope nobody goes to jail for that. It's, imho, equivalent to a sit in demonstration at a store or something.
                1. SadPanda's Avatar
                  SadPanda -
                  Quote Originally Posted by Segitz View Post
                  Ah... it's just ddos... I hope nobody goes to jail for that. It's, imho, equivalent to a sit in demonstration at a store or something.
                  If you sit in at McDonald's I can drive to a different McDonald's. You're not using my property and services to inconvenience McDonald's. DDoS do use other people's stuff (bot net) for this crap. You can't tell me that's not illegal.
                1. Segitz's Avatar
                  Segitz -
                  You can use any of the other streaming sites available... it's not all or nothing. In fact, there's been a lawsuit in Germany about this topic a while back... not sure how it ended though, but I seem to remember it was said to be "comparable to a sit in". But I could be wrong.

                  Either way... There's ways to protect yourself from these kinds of attacks, too... yet a lot of big companies don't use them.
                1. curryking1's Avatar
                  curryking1 -
                  Since it is denying service to others, I think it is infringing on their rights, and has place for large fines at least. It not only affects the target company, but also users en masse.

                  Not saying it's the worst thing in the world though. I don't really care anyway :P
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