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Surprise! Amazon acquires Justin & Twitch.tv for One Billion Dollars

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In a surprise move, and after much speculation, rumor, and innuendo, it’s Amazon that aquires TWITCH.TV / JUSTIN.TV for ONE BILLION Dollars! (Dr.Evil Voice but not a joke, the deal is for ONE Billion Dollars. Good score!) and not Google as was earlier reported.

Seems Google pulled out at the last minute, due to concerns regarding anti-trust issues since GOOGLE already runs a pretty big streaming video service you might know called YOUTUBE. 🙂

For Amazon this is a great pickup since like youtube.com, they run a huge infrastructure service for CDN’s and streaming. It is estimated that over 40% of Internet traffic in the USA is running through an Amazon based network since Facebook, Netflix, and more large companies already use their network called AWS (Amazon Web Services).

justin tv closes it's website twitch lives on

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