Popular tournaments broadcasted on Twitch, like those for League of Legends, will continue to bring in big PC audiences for the foreseeable future. And now Amazon can make use of these viewers.
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Here's what Amazon's $970M acquisition of Twitch really signifies

  • Posted byby Jason Wilson
  • Updated
  • 2 min

On Monday, Amazon announced it was buying Twitch, the hugely popular video-game livestreaming site, for a $970 million in cash. This is a figure not far off what Google paid for YouTube back in 2006 ($1.65 billion). The message again is the same: Online video is king.

But we’re still only in the infancy of the market.

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