Amazon reportedly in talks to buy Twitch for more than $1B

Online retailer Amazon is reportedly in "late-stage talks" to acquire video game streaming service Twitch, according to The Information, and may be nearing a deal. A second report from The Wall Street Journal makes the buyout sound like a done deal, saying Amazon has agreed to buy Twitch for more than $1 billion.

News of Amazon swooping in to buy Twitch comes after multiple reports that indicated Google-owned YouTube was looking to buy the streaming service for $1 billion.

According to The Information's report citing sources, a deal between Twitch and Amazon remains unclear but that an announcement could be made "shortly." The Journal says the deal may be announced publicly as soon as Monday. Polygon has reached out to Twitch and Amazon for comment.

Twitch was launched in June 2011 by Justin.tv co-founders Justin Kan and Emmett Shear and focuses on live video game streams and eSports broadcasting. Twitch boasts more than 55 million visitors per month and topped 1 million monthly broadcasters earlier this year.

Earlier this month, Twitch announced changes to its service, saying it was going to limit the ways it archives past broadcasts and implementing a YouTube-like method for blocking copyrighted audio. After negative response to those changes, Twitch announced updates to those policies.