Amazon buys video streaming service Twitch

Video streaming company Twitch has confirmed that – after months of speculation – it has been bought out by a larger company. Today we’ve learned that Amazon, not Google has forked over for one of gaming’s most preferred streaming services, in a move the company claims will allow it to maintain its independence.

Now owned by Amazon

Now owned by Amazon

Twitch CEO Emmett Shear announced the news via open letter:

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.

We’ve been hearing since late July that big companies were looking to purchase Twitch, but at the time we were all lead to believe that Google had all-but signed the deal. Now though, the former book retailer has pulled ahead of the pack, handing over an undisclosed sum for the streamer. (Earlier sale rumours put the pricetag at more than US$1b.)

It looks like gamers’ “Blame Google” reactions to recent Twitch copyright crackdowns were just a little unfounded. Don’t believe everything that you read!

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