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Twitch Announces $20 Million In New Investment From Take-Two And Others


PeeKnuckle

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Popular video game streaming site Twitch.tv has announced a new round of investments totaling $20 million. The funding comes from a number of sources, including Take-Two Interactive.

The investment, which is led by Thrive Capital and also includes WestSummit Captial, will be used to further reinforce the service's infrastructure and grow its partnership base. Existing investors Alsop Louie Partners and Bessemer Venture Partners are also part of the new funding. Twitch currently boasts 45 million unique visitors per month, and continues to grow

The site is a popular destination for individuals and groups to stream content to viewers, but garners a significant portion of its traffic from eSports.

 

Read on

http://www.gameinformer.com/b/news/archive/2013/09/30/twitch-announces-20-million-in-new-investment-from-take-two-and-others.aspx

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Exactly my thoughts PK.  Take-Two has their hands on a lot of good series like Borderlands, 2K, BioShock, GTA, Red Dead, and the list goes on.  If Take-Two games are going to have priority on the consoles with Twitch streaming, how does that affect other titles?  I can see it turning into a fee service to use if it does affect other titles that are non Take-Two.  Something like the online passes and what not.

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