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Yep, Amazon's Buying Twitch for $970 Million

Yep, Amazon's Buying Twitch for $970 Million

The rumors are true, Amazon is in fact buying Twitch for $970 million, despite rumors that Google almost pulled the trigger just weeks ago.

While the price didn't crest Google's rumored billion, it's certainly up there, but still a steal for the household name of live-streaming. Amazon and Twitch's statements on the acquisition are unsurprisingly vague, but you can bet the future of the pair involves Amazon Prime's streaming offerings and some exclusive features or content on Amazon's Fire TV.

The deal is expected to close later this year.

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Original post by Darren Orf on Gizmodo

Report: Amazon's Trying to Buy Twitch Out From Under Google

Report: Amazon's Trying to Buy Twitch Out From Under Google

According to The Information (paywall), Amazon is in "late-stage talks" with Twitch over a possible acquisition. This is particularly shocking since it's been previously reported that a YouTube and Twitch team-up for $1 billion was pretty much a done deal.

But now it seems Amazon is making a play to steal Google's live stream dreams. The Information says that details are still pretty spotty but that the deal "could be announced shortly," according to someone close to the transaction.

The Wall Street Journal also reports that Amazon has agreed to acquire Twitch for more than $1 billion after talks with Google "cooled in recent weeks," according to anonymous sources familiar with the negotiations.

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There are a couple scenarios that we could be dealing with here. Google and Amazon are both interested in Twitch, the original rumors surrounding YouTube's interests were much less official than originally reported, or someone is just plain wrong. So far no one on the inside has said anything about a bidding war, and The Information doesn't leave much room for discussion. With the details that we do have, it's likely that we could see Amazon pick up Twitch in the end, but anything is possible. [The Information]

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