Reports: Amazon to Buy Twitch For $1B-Plus

Amazon, not Google, is poised to acquire videogame live-streaming service Twitch for more than $1 billion, according to reports from both The Information and The Wall Street Journal.

Variety first reported in May that Google’s YouTube was in talks to buy Twitch, a service that lets video gamers live stream their gameplay, for more than $1 billion. At the time, The Wall Street Journal also reported on those talks, but said they were at an early stage.

The WSJ said Monday that a deal between Amazon and Twitch could be announced as soon as Monday, noting talks between Google and Twitch “cooled in recent weeks.”

For the full story go to Multichannel.com.