Amazon Buys Twitch For $970 Million (video)

Why Amazon's Spending $970M on Twitch: Video - Bloomberg
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Bloomberg’s Cory Johnson reports on Amazon acquiring video service Twitch for $970 million on “Street Smart.” (Source: Bloomberg Aug 25)

A Letter from the CEO - Twitch: "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."--Emmett Shear, CEO

Amazon Buys Twitch For $970 Million [UPDATE]
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