Amazon’s Twitch Acquisition Is Official
Twitch is not going to be another YouTube success story. There just aren't enough great uses for live streaming yet and video game streaming is very far from being mainstream. Twitch obviously can't believe it's very close to reaching NFL-like status either or it wouldn't sell for a mere billion and change.Amazon or Google will piss off or drive away the Twitch user base. The users will all move to Hitbox.tv or any number of new sites that will pop up. It's easy to do live streaming, it's just expensive. This acquisition will bring funding and Yahoo will buy the next popular live streaming site.