Amazon to Buy Video Site Twitch for More Than $1 Billion

Amazon.com Inc. has agreed to acquire Twitch, a live-streaming service for videogame players, for more than $1 billion, according to a person who has been briefed on the matter. The deal could be announced as soon as Monday, the person said. Google Inc. had earlier been in talks to acquire Twitch, but those talks cooled in recent weeks, according to people familiar with the matter. Twitch, launched in June 2011, is the most popular Internet destination for watching and broadcasting videogame play. The startup raised $20 million from investors, including Thrive Capital and videogame-maker Take-Two Interactive Software in September. News of the acquisition was earlier reported by tech website The Information. Write to Douglas MacMillan at douglas.macmillan@wsj.com