Menu
Reports: Amazon will pay $1 billion to buy video-game streaming site Twitch

Reports: Amazon will pay $1 billion to buy video-game streaming site Twitch

The deal was reached after talks with Google cooled, The Wall Street Journal said

A Twitch live stream of a session of The Legend of Zelda: Ocarina of Time.

A Twitch live stream of a session of The Legend of Zelda: Ocarina of Time.

Amazon will pay at least US$1 billion to acquire Twitch, a site for streaming video-game play, according to reports published Monday in The Wall Street Journal and The Information.

Amazon has agreed to acquire the 3-year-old company, the Journal said, and the deal could be announced Monday. The report in The Information, however, said the two are in late-stage talks.

Both reports gave the same dollar amount for the deal. Neither Amazon nor Twitch immediately responded to comment.

Google had reportedly been in talks to purchase the site, but in recent weeks those talks cooled, the WSJ said.

Twitch lets users watch and stream video-game play, offering live and recorded content. Amazon currently offers some streaming services, such as letting people buy or rent movies and TV shows with Amazon Instant Video.

Zach Miners covers social networking, search and general technology news for IDG News Service. Follow Zach on Twitter at @zachminers. Zach's e-mail address is zach_miners@idg.com

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags Internet-based applications and servicesamazon.comGoogleTwitchsocial networkingsocial mediainternetvideo

Featured

Slideshows

Examining the changing job scene in the Kiwi channel

Examining the changing job scene in the Kiwi channel

Typically, the New Year brings new opportunities for personnel within the Kiwi channel. 2017 started no differently, with a host of appointments, departures and reshuffles across vendor, distributor and reseller businesses. As a result, the job scene across New Zealand has changed - here’s a run down of who is working where in the year ahead…

Examining the changing job scene in the Kiwi channel
​What are the top 10 tech trends for New Zealand in 2017?

​What are the top 10 tech trends for New Zealand in 2017?

Digital Transformation (DX) has been a critical topic for business over the last few years and IDC is now predicting a step change as DX reaches macroeconomic levels. By 2020 a DX economy will emerge and it will become the core of what New Zealand industries focus on. From the board level through to the C-Suite, Kiwi organisations must be prepared to think and act digital when the DX economy emerges in 2017.

​What are the top 10 tech trends for New Zealand in 2017?
Top 15 Kiwi tech storylines to follow in 2017

Top 15 Kiwi tech storylines to follow in 2017

​The New Year brings the usual new round of humdrum technology predictions, glaringly general, unashamedly safe and perpetually predictable. But while the industry no longer sees value in “cloud is now the norm” type projections, value can be found in following developments of the year previous, analysing behaviours and patterns to formulate a plan for the 12 months ahead. Consequently, here’s the top Kiwi tech storylines to follow in 2017...

Top 15 Kiwi tech storylines to follow in 2017
Show Comments