Monday, August 25, 2014

Amazon Poised to Acquire Game Streaming Service Twitch

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Sources close to The Wall Street Journal are indicating that instead of Google, it is Amazon that is readying to acquire the Twitch.tv video game streaming service. Rumoured to be selling for a meagre $1 billion, Twitch.tv is considered to be a true streaming video giant. Using the service, over 50-million monthly active users are able to stream live video of themselves playing their favourite games.

When we first heard that Google was interested in purchasing the service, it seemed like a logical move for the company that controls YouTube. So what does Amazon want with Twitch.tv? So far it is just speculation. Perhaps they are going to try and compete with Google in the streaming amateur video arena, but that seems like a difficult place to succeed. Other thoughts swirling around the rumour mill wonder if Amazon may be wanting to extend their own video rental and sales offering –or if they plan on trying to sweep in and dominate the growing eSports genre.

Specifics regarding the deal are expected to be announced soon, perhaps as early as later today.

Amazon Poised to Acquire Game Streaming Service Twitch is a post from: Good e-Reader

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