AMAZON PAID ALMOST $1 BILLION FOR TWITCH IN 2014. IT'S STILL LOSING MONEY

Summary from the TLDR newsletter

Twitch remains unprofitable despite periods of explosive popularity. Its biggest users are paying less and growth in new users and engagement has slowed. Staff are concerned about potential upcoming layoffs this fall following an annual operational review. Investors are worried that Twitch is at risk of becoming a 'zombie brand'. Amazon remains confident in Twitch's potential.