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from The New York Times

What’s Twitch? Gamers Know, and Amazon Is Spending $1 Billion on It

http://static01.nyt.com/images/2014/08/26/multimedia/nytm-twitch/nytm-twitch-videoSixteenByNine540.jpg

The video in video games is suddenly a billion-dollar business.

Video games have long been something people played. But in the last few years, thanks in part to fast Internet access and multiplayer games, the games have become something that people sit back and watch, too. On Monday, that new habit enticed the web giant Amazon to reach a $1.1 billion deal to buy Twitch, the most popular website for watching people play games.

The deal for Twitch is the latest sign of the way forms of behavior once seemingly on the fringe can, in the hands of tech entrepreneurs, turn into huge online communities in no time. Twitch did not exist a little over three years ago, and it now has 55 million unique viewers a month globally, helping turn games into a spectator event as much as a participatory activity.

[ click to continue reading at NYTimes.com ]

Posted on September 5, 2014 by Editor

Filed under Culture Music Art | | No Comments »



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