Gaming is one of largest, if not becoming the largest form of entertainment, and last several years witnessed the rebirth of PC gaming, as gaming consoles cannot keep up with the system demands of new games. As such, the way to advertise to new audiences is shifting, with a barrier of entry becoming so attractive that anyone with the right mindset and dedication can do it. Over a decade ago, I met Jonathan Wendel, who went on to become a first pro-gamer to earn over a million dollars, and creating a successful collaboration with different hardware vendors with his ‘Fatal1ty’ brand (Abit, ASRock, Creative Labs, OCZ etc.). Now,
Report: Amazon Buying Out Twitch TV (Update)
Update: In a new blog post, Twitch CEO Emmett Shear revealed that Amazon has indeed acquired the game-streaming service. “Today, I’m pleased to announce we’ve been acquired by 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. “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.” A month ago Google was ready to buy up Twitch TV for the tune of $1 billion. Now it appears that
Google to Buy Twitch.tv for $1 billion in Cash?
Some places are calling this new acquisition rumor of Twitch.tv to be one that has YouTube as a suitor and others are calling it a Google acquisition. Ultimately, Google is the parent company even though it would directly associate with YouTube in terms of media delivery and sharing. Whether you say YouTube is acquiring Twitch or Google, the end result is that Twitch is getting acquired for $1 billion in cash according to Variety, an interesting source of M&A news. While I would certainly allow this rumor to mature and ferment a bit in the rumormill, this may actually be the most reasonable acquisition (and acquisition price)