Tuesday, January 9, 2018

Twitch Paid $90 Million for Overwatch League Exclusive Deal

With the recent news of live streaming video platform Twitch and game developer studio Blizzard Entertainment made an exclusive deal for Overwatch League which starts on January 10, it became pretty evident that the world of such esports tournaments holds a lot of potential for the growth of the industry. Taking over the broadcasting rights for the contests for the next two seasons surely have cost Twitch a big buck and many were really interested to know the amount they have spent for it.

twitch 90 million overwatch league blizzard
Twitch Overwatch League Exclusive Deal

RELATED: Overwatch League is Exclusively on Twitch

Out of the curiosity, we searched for it and found out that reportedly, Twitch has just paid up whooping $90 million dollars cash to secure rights over Overwatch League and we have a recent Tweet from @VentureBeat to back that up.



Whatever big bucks Twitch have paid over this deal is almost exactly one tenth of what the company was sold over for to Amazon back in 2014. The company bought Twitch for over $970 million at that time. However, neither of Blizzard or Twitch has made any official statement on the deemed dollar amount to confirm the news on the air.

RELATED: Overwatch Support Hero Moira Announced

As the Overwatch League kicks off with San Francisco Shock taking on Los Angeles Valiant at the launch event, Blizzard has introduced new Overwatch skins collaborating with Twitch. There are 312 skins which is one for each hero from all 12 different teams. These new skins can be found on a new in-game tab and costs $5 each. However, the developer was generous enough to offer up 100 free tokens for every Overwatch players to start with as an in-game reward.

overwatch league blizzard arena
Twitch and Blizzard Join Forces

RELATED: Overwatch Update Changes Mercy

Blizzard already struck a deal with Twitch prior to become the premiere partner for competition events on games like Hearthstone, Heroes of the Storm and Overwatch from the game developer studio. This new deal has definitely taken their business relationship further and it won't be surprising if Twitch ended up with some more major announcements at the upcoming BlizzCon this year.

Overwatch is a multiplayer online shooter that is available worldwide to play on PC, PlayStation 4 and Xbox One. Like Dota 2 or any other competitive online games, Overwatch doesn't have that much of celebrated gamers but it does have the potential to be all the good things. After the hyped up Overwatch League is over whether it turns out successful or not, the face of esports is going to change forever.