Amazon Buys Twitch
By
| August 26, 2014
In addition to providing original programming, Jeff Bezos has more ambitious plans for Amazon’ s entertainment business. The online retailer agreed to acquire video service Twitch for about $1bln, the largest deal in Amazon’s 20-year history. Twitch, launched in 2011, focuses exclusively on live video for gamers. The deal is expected to close in the 2nd half of the year. “Broadcasting and watching gameplay is a global phenomenon, and Twitch has built a platform that brings together tens of millions of people who watch billions of minutes of games each month,” Bezos said in a statement.