Will Amazon's Ventures in Twitch, Luna Move the Stock? | The Motley Fool

will-amazon's-ventures-in-twitch,-luna-move-the-stock?-|-the-motley-fool

With the popularity of Twitch and the recent launch of Luna, Amazon ( AMZN 0.69% ) is on a roll in the gaming market. In this video clip from “The M&A Show” on Motley Fool Live, recorded on March 18, Fool.com contributors Travis Hoium and Jason Hall discuss several ways the company monetizes its content and continues to grow.  Travis Hoium: There’s another question about Amazon trying to monetize Twitch. This is going to be really interesting because I think if you are not familiar, Twitch started as basically a streaming service for gamers. Jason Hall: Watching people play video games. Hoium: If you’ve ever seen those videos. Hall: If you just rolled your eyes about that and you’ve ever watched somebody play golf on TV, it’s the same thing. Hoium: But it’s insanely popular. One of, arguably, the best acquisitions that Amazon has ever done. Because they did it when those of us who were not watching Twitch on a daily basis did not know who Twitch was. But they bought it for about $100 million [actual purchase price was $970 million] and if you’ve ever seen those videos of somebody’s head in the corner of the screen, while…
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