Amazon Purchases Esports Broadcast Site Twitch.Tv For A Record $970 Million - Presented by: The Aol. On Network

Amazon is the new owner of Esports web broadcasting site Twitch.tv. The online commerce mega-giant spent a record $970 million on the acquisition, the largest in its history. For those who are wondering what Twitch.tv is, the site is to video games what ESPN is to sports. In fact, it often outpaces ESPN—2012's video stream of the all-star match for League of Legends had 18 million unique viewers, outstripping the MLB World Series that was being broadcast at the same time.



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