Today, Amazon forks out 970 million dollars for the website, TwitchTv. TwitchTv is a website by gamers for the gamers. You simply broadcast gameplay of video games and grow an audience. TwitchTv is similar to Youtube, but you will not find any cat videos on Twitch. Some people may have heard about Google picking up Twitch for one billion dollars, but new updates stated that Amazon will be owning Twitch. Not much should change on the front, similar to the Yahoo, Tumblr buyout. With over 43 million active viewers, who sit and watch video game videos, should help Amazon in the long run showing confidence to investors.
August 25, 2014