Twitch is a popular streaming platform that allows gamers to broadcast their gaming sessions and share them with their viewers. The platform has become a popular destination for gamers, streamers, and viewers alike since its launch in 2011. In 2014, Twitch was purchased by a large company, which has since become its sole owner. In this article, we’ll take a look at what Twitch is, who bought it in 2014, and what that company has done with the platform since then.
What Is Twitch?
Twitch is a live streaming platform that was launched in 2011 and has since become one of the most popular destinations for gamers, streamers, and viewers alike. It allows gamers to broadcast their gaming sessions and share them with their viewers. The platform also features a variety of other content such as music, art, and talk shows. In addition, Twitch has become an important platform for esports tournaments and gaming competitions.
Who Bought Twitch in 2014?
In 2014, Twitch was purchased by Amazon for a reported $970 million. The acquisition was seen as an important move for Amazon, as it added a popular streaming platform to its portfolio and allowed the company to further expand its reach into the gaming industry. Since its acquisition, Amazon has made several changes to the platform, including the addition of new features and the introduction of Twitch Prime, a subscription service that gives users exclusive benefits.
Since its inception in 2011, Twitch has become one of the world’s leading live streaming platforms for gamers and entertainment media. Initially, Twitch was an independent business, however in 2014, the company was bought by Amazon, one of the world’s largest online retailers.
The Amazon takeover of Twitch demonstrates that the company saw a lot of potential in the streaming platform and recognized it as a valuable and profitable investment. By taking over the platform, Amazon has enabled Twitch to continue to grow and reach even more users. Twitch currently has over 15 million daily active users and streams over 2 million unique channels.
The acquisition of Twitch by Amazon enabled the company to take their revenue growth to the next level. In 2018, Twitch earned over $1.5 billion in total revenue, making it one of the most profitable streaming services in the world. Amazon’s ownership also meant that more resources were available to Twitch, enabling the company to improve and expand their services.
Moreover, Amazon’s takeover of Twitch has had a positive impact on the platform’s content creators. Amazon has provided the creators with the freedom to monetize their content and receive a share of their revenue. This has proved to be beneficial for the content creators and their audience, as it has enabled the creators to produce higher-quality content.
Amazon’s acquisition of Twitch has proven to be a successful move for both parties. Not only has Amazon increased their revenue and presence in the streaming industry, Twitch has also seen significant growth and success. The takeover has revolutionized the way people watch and interact with video games, making it one of the most popular online services in the world.
