August 26, 2014 4:27 PM

Amazon spends $1.1 billion on Twitch, the most popular website for watching people play games

The deal for Twitch is the latest sign of the way that behavior once on the fringe can, in the hands of tech entrepreneurs, turn into huge online communities in no time. Twitch did not exist a little more than three years ago, and it now has 55 million unique viewers a month globally, helping turn games into a spectator event as much as a participatory activity.

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