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Take-Two made $22M on its investment in gameplay livestreaming king Twitch

Take-Two made $22M on its investment in gameplay livestreaming king Twitch

Take-Two made $22M in bank on its investment in gameplay livestreaming firm Twitch

Take-Two made $22M in bank on its investment in gameplay livestreaming firm Twitch

Above: Twitch at E3 2013.

Image Credit: Twitch

Take-Two Interactive Software chairman Strauss Zelnick can thank Amazon CEO Jeff Bezos for this: Take-Two reported that it received $22 million as it cashed out its investment in Twitch, the gameplay livestreaming company.

Amazon acquired Twitch for $970 million in September. That means that Take-Two held about 2.3 percent of the ownership of Twitch. No doubt Take-Two is happy with its return, although the company did not say what the initial investment was.


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