Twitch, word broke this morning that Amazon had crashed the party and
was about to acquire Twitch themselves. Sure enough, the Amazon/Twitch deal is done.
Our sources had previously suggested that the deal would close at nearly $1 billion dollars. We’re digging on the final price right this second, but are still hearing that it was very close to $1b. Update: Amazon confirms that the final price was $970M in cash
http://www.taggartsdrivingschool.com/tabid/43/userId/11038/Default.aspx
This news might come as a surprise to many. While the earliest reports of Google’s talks all seemed to contradict each other, later reporting labeled as “confirmation” of the deal paired with silence on Google/Twitch’s end lead much of the Internet to believe the deal was sealed. When Twitch made some controversial changes to their platform policies a few weeks back, many a commenter pinned the blame on Google’s influence.
Amazon (AMZN, Tech30) agreed agreed on Monday to pay $970 million to acquire Twitch, a service that lets users watch and broadcast video game play. Each month millions of people tune into Twitch to watch friends and strangers play video games, including competitive tournaments.
An acquisition by Amazon and the lofty price tag would seem to validate the rise of gaming as a spectator sport. Advertisers are often willing to spend top dollar to reach audiences lured by live sporting events.
Heavy rain has left “burners” out to dry on Monday, the opening day of the week-long arts and libations festival known as Burning Man. Storms have been moving across northern Nevada since late Sunday night, drenching the festival location and turning it into a muddy mess.
Every year, around 60,000 people make the pilgrimage to Black Rock City in Nevada during the last week of August. Tickets for the week-long event have skyrocketed in recent years as the festival’s popularity has surged. Some party-goers paid upwards of $1,000 for a ticket according to SFGate, which makes this rainy start even more frustrating.
It’s almost unbelievable that slightly more than 3 years ago, Twitch didn’t exist. The moment we launched, we knew we had stumbled across something special. But what followed surprised us as much as anyone else, and the impact it’s had on both the community and us has been truly profound. Your talent, your passion, your dedication to gaming, your memes, your brilliance – these have made Twitch what it is today.
Every day, we strive to live up to the standard set by you, the community. We want to create the very best place to share your gaming and life online, and that mission continues to guide us. Together with you, we’ve found new ways of connecting developers and publishers with their fans. We’ve created a whole new kind of career that lets people make a living sharing their love of games. We’ve brought billions of hours of entertainment, laughter, joy and the occasional ragequit. I think we can all call that a pretty good start.
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.
http://www.excommerce.com/UserProfile/tabid/61/userId/8574/Default.aspx
I personally want to thank you, each and every member of the Twitch community, for what you’ve created. Thank you for putting your faith in us. Thank you for sticking with us through growing pains and stumbles. Thank you for bringing your very best to us and sharing it with the world. Thank you, from a group of gamers who never dreamed they’d get to help shape the face of the industry that we love so much. It’s dangerous to go alone.
While the rain has decreased for the most part, scattered showers are still moving across northern Nevada. Clear skies are in the forecast for Tuesday, though showers could linger into Tuesday morning, which casts doubts on the possibility that Black Rock City will dry out in time for a Tuesday start.
$1000 is the scalper costs. Normal costs are $240-$420 (or $160 if you qualify for their "I'm broke" list). The reason for the high costs is that scalpers know that there are more people that want to go than tickets. Tickets are limited to 60k... The *waiting list* for tickets is >10k if I remember correctly.
Since I'm definitely not the 1% (not even sure if I make it to the 50%), I don't think that has anything really to do with anything. Like anything else, if you want to go, you'll figure out a way or at least do your darndest to make it.
Our sources had previously suggested that the deal would close at nearly $1 billion dollars. We’re digging on the final price right this second, but are still hearing that it was very close to $1b. Update: Amazon confirms that the final price was $970M in cash
http://www.taggartsdrivingschool.com/tabid/43/userId/11038/Default.aspx
This news might come as a surprise to many. While the earliest reports of Google’s talks all seemed to contradict each other, later reporting labeled as “confirmation” of the deal paired with silence on Google/Twitch’s end lead much of the Internet to believe the deal was sealed. When Twitch made some controversial changes to their platform policies a few weeks back, many a commenter pinned the blame on Google’s influence.
Amazon (AMZN, Tech30) agreed agreed on Monday to pay $970 million to acquire Twitch, a service that lets users watch and broadcast video game play. Each month millions of people tune into Twitch to watch friends and strangers play video games, including competitive tournaments.
An acquisition by Amazon and the lofty price tag would seem to validate the rise of gaming as a spectator sport. Advertisers are often willing to spend top dollar to reach audiences lured by live sporting events.
Heavy rain has left “burners” out to dry on Monday, the opening day of the week-long arts and libations festival known as Burning Man. Storms have been moving across northern Nevada since late Sunday night, drenching the festival location and turning it into a muddy mess.
Every year, around 60,000 people make the pilgrimage to Black Rock City in Nevada during the last week of August. Tickets for the week-long event have skyrocketed in recent years as the festival’s popularity has surged. Some party-goers paid upwards of $1,000 for a ticket according to SFGate, which makes this rainy start even more frustrating.
It’s almost unbelievable that slightly more than 3 years ago, Twitch didn’t exist. The moment we launched, we knew we had stumbled across something special. But what followed surprised us as much as anyone else, and the impact it’s had on both the community and us has been truly profound. Your talent, your passion, your dedication to gaming, your memes, your brilliance – these have made Twitch what it is today.
Every day, we strive to live up to the standard set by you, the community. We want to create the very best place to share your gaming and life online, and that mission continues to guide us. Together with you, we’ve found new ways of connecting developers and publishers with their fans. We’ve created a whole new kind of career that lets people make a living sharing their love of games. We’ve brought billions of hours of entertainment, laughter, joy and the occasional ragequit. I think we can all call that a pretty good start.
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.
http://www.excommerce.com/UserProfile/tabid/61/userId/8574/Default.aspx
I personally want to thank you, each and every member of the Twitch community, for what you’ve created. Thank you for putting your faith in us. Thank you for sticking with us through growing pains and stumbles. Thank you for bringing your very best to us and sharing it with the world. Thank you, from a group of gamers who never dreamed they’d get to help shape the face of the industry that we love so much. It’s dangerous to go alone.
While the rain has decreased for the most part, scattered showers are still moving across northern Nevada. Clear skies are in the forecast for Tuesday, though showers could linger into Tuesday morning, which casts doubts on the possibility that Black Rock City will dry out in time for a Tuesday start.
$1000 is the scalper costs. Normal costs are $240-$420 (or $160 if you qualify for their "I'm broke" list). The reason for the high costs is that scalpers know that there are more people that want to go than tickets. Tickets are limited to 60k... The *waiting list* for tickets is >10k if I remember correctly.
Since I'm definitely not the 1% (not even sure if I make it to the 50%), I don't think that has anything really to do with anything. Like anything else, if you want to go, you'll figure out a way or at least do your darndest to make it.
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