Twitch Officially Announces Acquisition by Amazon

By on August 25, 2014 at 2:09 pm


After months of speculation that streaming juggernaut Twitch would be purchased by a larger entity, CEO Emmett Shear officially announced their acquisition this afternoon.

While many rumors pegged a Google buyout by way of YouTube, it appears as if the corporation has gone a slightly different direction and selected online retailer 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,” Shear mentions in his statement. “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.”

Twitch recently implemented a variety of changes, including updates to their archival system as well as new measures to counteract the use of copyrighted music.

How this purchase will affect streams moving forward is merely speculation at this point but, positive or negative, the fighting game community will certainly feel the effects.

Shear’s full announcement can be found here.

Source: Twitch, tip via Miguel O.