Well, this is kind of odd. Sources for a awhile have been stating that Google would be the ones that would purchase Twitch, the well-known streaming website. However, that has been proven false as Amazon has stepped out to say ‘Nahhhh…we’ve got this one.”
Amazon has pretty much confirmed that they are the ones who have acquired Twitch. Using $970 million, Amazon bought many of the outstanding shares of Twitch, thus gaining a video game streaming website in the process.
Twitch CEO Emmett Shear confirmed this by writing a rather lengthy letter that can be found on Twitch’s website blog:
It’s almost unbelievable that slightly more than 3 years ago, Twitch didn’t exist. The moment we launched, we knew we had stumbled across something special. But what followed surprised us as much as anyone else, and the impact it’s had on both the community and us has been truly profound.
Your talent, your passion, your dedication to gaming, your memes, your brilliance – these have made Twitch what it is today. Every day, we strive to live up to the standard set by you, the community. We want to create the very best place to share your gaming and life online, and that mission continues to guide us.
Together with you, we’ve found new ways of connecting developers and publishers with their fans. We’ve created a whole new kind of career that lets people make a living sharing their love of games. We’ve brought billions of hours of entertainment, laughter, joy and the occasional ragequit. I think we can all call that a pretty good start.
Today, I’m pleased to announce we’ve been acquired by Amazon.We chose Amazon because they believe in our community, they share our values and long-term vision, and they want to help us get there faster. We’re keeping most everything the same: our office, our employees, our brand, and most importantly our independence. But with Amazon’s support we’ll have the resources to bring you an even better Twitch.
I personally want to thank you, each and every member of the Twitch community, for what you’ve created. Thank you for putting your faith in us. Thank you for sticking with us through growing pains and stumbles. Thank you for bringing your very best to us and sharing it with the world. Thank you, from a group of gamers who never dreamed they’d get to help shape the face of the industry that we love so much.
It’s dangerous to go alone. On behalf of myself and everyone else at Twitch, thank you for coming with us.
According to Forbes, Google backed out of the deal due to concerns of antitrust issues with the acquisition. It was originally reported that Google, who owns video website YouTube, was going to purchase Twitch for $1 billion.
Now that Amazon has acquired Twitch, what do you think will come out of this deal? Will it be positive? Negative?