Amazon gets into games by acquiring Twitch streaming service for $970 million

twitch troll arrested amazon purchase
UPDATE: It’s official. A press release from Twitch confirms that Amazon will purchase the streaming service. The online retailer will pay roughly $970 million to purchase all outstanding shares of Twitch. That falls in line with the previously rumored $1 billion purchase price.

“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,” Amazon CEO and founder Jeff Bezos said in the announcement. “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,” Twitch CEO Emmett Shear said. “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.”

That’s the extent of official words on the matter for the time being. Twitch launched in 2011 as a platform from which gamers could share live videos of their gameplay. The popularity of Let’s Play series’ on YouTube and other gameplay-focused broadcasts on the Internet helped propel Twitch’s popularity, with integration of the streaming service on the new PlayStation 4 and Xbox One consoles further securing its popularity. As Shear suggested, having access to Amazon’s resources should help the service grow even further.

ORIGINAL POST: A new report from The Information and further corroborated by the Wall Street Journal (both sites require subscriptions) suggests that Amazon is in final negotiations to purchase game-streaming service Twitch for $1 billion, instead of Google as earlier rumors had suggested (via Ars Technica).

Twitch attracts 45 million unique viewers every month to watch live streams of gamers playing nearly anything you can think of. That makes it the largest video gaming website by a considerable margin, and an attractive buy for any company looking to establish a foothold in gaming, as both Amazon and Google have signaled in recent years.

Three months ago, rumors began to flood tech media that Google was in negotiations to purchase Twitch, also for $1 billion. Although the news was framed as “confirmed” at the time, the lack of named sources speaking to the news left some dangling question marks.

Already owning the premier site for Internet video, YouTube, Google seemed a natural fit to purchase the game-streaming giant and roll it into the company’s extant infrastructure. Neither company ever provided any confirmation, though, and as the summer passed without any official announcement, many questioned whether the deal had fallen through.

According to the sources cited by The Information and WSJ, the deal between Amazon and Twitch is effectively done, and will likely be announced this week. We will update this article as more information comes to light.


Once the dust settles, 'Fallout 76' will be a nuclear wasteland worth exploring

The launch of Fallout 76 has been nothing short of apocalyptic, but that doesn’t mean the game is dead on arrival. Bethesda has a path forward, paved by The Elder Scrolls Online, another game that suffered a rocky start.
Digital Trends Live

Digital Trends Live: Alexa updates, Uber’s self-driving cars, and more

On this episode of Digital Trends Live, Senior Editor Caleb Denison discussed the best streaming devices and we welcomed Danny Pyell and Felia Mano, the Nintendo Power Couple, and Kelly Dachtler from OBVS to the show.

These are the best Xbox One games available right now

More than four years into its life span, Microsoft's latest console is finally coming into its own. From 'Cuphead' to 'Halo 5,' the best Xbox One games offer something for everyone.

Joker from ‘Persona 5’ will take your heart in ‘Super Smash Bros. Ultimate’

Joker, the leader of the Phantom Thieves of Hearts from Persona 5, will arrive to Super Smash Bros. as its first DLC character. The announcement was a surprising one, because Persona 5 is a PlayStation 4 exclusive.

‘Magic: The Gathering’ enters esports relevance with $10 million prize pool

Wizards of the Coast is pushing Magic: The Gathering into esports relevance with a prize pool of $10 million across the tabletop version and Magic: The Gathering Arena. Will the game be able to compete with Hearthstone and Overwatch?

The best Nintendo Switch deals and bundles for December 2018

Looking to score Nintendo's latest hybrid console? We've smoked out the best Nintendo Switch deals right here, including discounts on stand-alone consoles, as well as bundles that feature games like Super Smash Bros. Ultimate.
Emerging Tech

Awesome Tech You Can’t Buy Yet: Folding canoes and ultra-fast water filters

Check out our roundup of the best new crowdfunding projects and product announcements that hit the web this week. You may not be able to buy this stuff yet, but it sure is fun to gawk!

Get some bang for your buck with these Nintendo Switch console deals at Walmart

Black Friday and Cyber Monday are in the past, but you can still get some bang for your buck on game consoles before the holiday season is done. Walmart has various Nintendo Switch bundles on sale right now.
Product Review

‘Just Cause 4’ is mindless fun that leaves little room for much else

Just Cause 4 revels in explosions and over-the-top action, but its world feels empty and hollow. With few new ideas and a stale open world, it's a fun but shallow piece of escapism.

‘CS:GO’ goes free-to-play and players are not happy about it

Counter-Strike: Global Offensive (CS:GO), has gone free-to-play this week in a controversial move. Players are angry that the problem of cheating will get much worse now that anyone can make a disposable account to play.

The most common Xbox One X problems, and how to fix them

The Xbox One X is a brilliant console, but it's not without its issues, ranging from simple annoyances to severe hardware problems. Here are common Xbox One X problems and how to fix them.

How to delete and reinstall games on your Xbox One

Removing and reinstalling games on the Xbox One's hard drive isn't difficult, but it's a process that not everyone is familiar with. Thankfully, our guide will run you through each step so you'll know precisely what to do.

‘Street Fighter V’ players will get bonuses if they allow in-game ads

Capcom will show in-game advertisements on Street Fighter V starting December 11. Players may choose to deactivate the ads, but they will miss out on some bonuses and content if they do so.

‘The Walking Dead: The Final Season’ returns with Episode 3 next month

Skybound Games revealed the release date for Episode 3: Broken Toys of Telltale Games' The Walking Dead: The Final Season. Clementine's story will be getting the ending that it deserves after all.