Posted inAnalysis, News

Amazon gazumps Google to buy gaming video service Twitch

The dictionary definition of “gazump” is “to make a higher offer for a house than someone whose offer has already been accepted by the seller, and thus succeed in acquiring the property”.
Strictly speaking, it may not be the correct term to use for Amazon’s announcement yesterday that it’s buying video streaming service Twitch: not only has Amazon whisked the company out from under Google’s nose, but it’s paying less than the $1bn sum that Google was expected to pay for the company. Admittedly, only $30m less – the official price is $970m – but it’s still a big surprise.

Posted inAnalysis, News

Amazon v Hachette row steps up a notch after Authors United letter

Amazon’s war of words with book publisher Hachette has stepped up a notch in recent days, with an open letter signed by authors provoking further communications from both companies. It’s safe to say neither is in the mood to compromise in their long-running licensing row.

The trigger for the latest round was the open letter from “Authors United” last week, published in the New York Times and signed by more than 900 writers from various publishers, including Stephen King, Philip Pullman, Carol Muske-Dukes, David Baldacci, Donna Tartt and Malcolm Gladwell.