Amazon, not YouTube, reportedly buying Twitch for over $1 billion
See the original posting on The Verge
Twitch is getting bought, but it’s not YouTube and Google that are doing the buying. Amazon has agreed to buy the massively popular video game streaming website for over $1 billion, according to The Wall Street Journal. The announcement is surprising in light of recent reports that suggested YouTube and Twitch had already reached a $1 billion buyout agreement to bring Twitch’s platform and massive community under the Google umbrella. News that Amazon and Twitch were in late talks about a deal was first reported by The Information.
Before today’s curve, a pairing between YouTube and Twitch made a lot of sense. Many gamers upload highlights, impressive level playthroughs, and other content to YouTube. But there’s no mistaking the fact…