Pithy headline aside, the amount of money Amazon is paying for Twitch.tv is ginormous - like to the tune of $970 million IN CASH. Definitely a high score! The site is a live streaming site, where users can watch uploaded videos of people playing video games. Users can upload their game videos, to include commentary, as well as create "programming" in the form of scheduled live podcasts and/or content.
A huge score for Twitch and again shows indirectly the value of eSports as well as documenting the shift from traditional broadcast content toward user-generated, web- and mobile-delivered content. The Business Insider story reports that in February, Twitch was fourth in peak internet traffic, behind Netflix, Google and Apple.
For more on this story, see the Business Insider article here.
Showing posts with label Amazon. Show all posts
Showing posts with label Amazon. Show all posts
Friday, August 29, 2014
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