Amazon (NASDAQ: AMZN) bought Twitch in 2014 for about $1 billion. Back then the streaming video platform focused solely on live video game streaming. But Amazon has expanded into content categories including cooking, crafts, and, more recently, live sports. The moves have paid off, with average viewers doubling over the past year, according to data from ComScore.
Can Amazon Help Twitch Become A $1 Billion Business?
newsfeedback@fool.com (Adam Levy), The Motley Fool
Sat, 08/18/2018 - 10:00am
BING NEWS:
- Twitch Moves Beyond Gaming as It Steps Into News Coverage
The evolution of Twitch, originally conceived as a platform for streaming video game content, is redefining the boundaries of journalism as it ventures into news coverage, according to a study ...
05/2/2024 - 9:30 pm | View Link - Twitch app is redefining journalism as it moves into news coverage, says study
The popular app Twitch, created to livestream video game action, is redefining journalism as it becomes a source for news, University of Oregon research found.
05/2/2024 - 7:36 am | View Link - Instagram and TikTok roll out new TikTok-like short-form video discovery features
Instagram and Twitch rolled out new features this week that would boost short-form video content in ways reminiscent of TikTok’s discovery algorithm.
05/1/2024 - 10:32 am | View Link - Twitch app moves into news coverage, redefining journalism
The popular app Twitch, created to livestream video game action, is redefining journalism as it becomes a source for news, University of Oregon research found.
05/1/2024 - 12:59 am | View Link - Amazon reports strong 1Q results driven by its cloud-computing unit and Prime Video ad dollars
Amazon has reported strong results for the first quarter. The Seattle-based e-commerce giant said it earned $143.31 billion in revenue in the first three months of this year.
04/30/2024 - 11:57 am | View Link - More
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