Amazon's $1 Billion Acquisition of Video Game Streaming Twitch.tv Is a Bargain: "The company’s latest deal to buy Twitch for more than $1 billion is being lambasted by most analysts, but I believe it is brilliant.
Amazon has bought America’s fastest growing television network. Twitch.tv has 55 million mostly millennial visitors who watch up to 16 billion minutes of its videos each month. The $1 billion acquisition gives Amazon a live TV network that already has more viewers than CNN and is highly valued by a prime consumer demographic of millennial youth."
'via Blog this'