Saturday, 7 March 2015

What is Twitch and why Amazon paid $ 970 Million to acquier it ?

Twitch, the world's leading video platform and community for gamers with more than 60 million visitors per month. Recently, the American international electronic commerce company Amazon, gained Twitch for approximately $970 Millions of dollars. 
 
Bloomberg.com tries to explain us the reasons why the American company invests this incredible amount of money to acquire Twitch.
Twitch Logo

In Korea, the Twitch’s concept is well-developed and there are channels on Korean television devoted to broadcasting StarCraft and other live game battles.
Currently, that concept, supported and financed by Amazon, is trying to launch himself all over the world, encouraged by many studies like IHS’s, which comptabilized no less than 2,4 billion hours of video watched by people last year. Twitch hopes to increase that statistics by extending his concept with newer game consol.
Another statistic tends to confirm the power of Twitch. Indeed, each Twitch user watched an average of 4.5 hours in July. That's fast approaching YouTube's 6-hour-a-month average.
Forbe's article confirms the strong and the power of Twitch, thanks to its audience. Indeed, the two years old startup with more than 45 million unique monthly viewers, does better than the Internet video service Hulu and Walt Disney. As Matthew DiPietro, Vice President of marketing at Twitch, said, everyone in the gaming industry is now present in the platform.
The end of the year could increase the power of Twitch, thanks to the November launches of new video game consoles from Sony and Microsoft, because Sony’s PlayStation 4 has integrated support for broadcasting, and Microsoft’s Xbox One has those capabilities on the way.
 
 
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