YouTube to acquire Twitch for $1 billion, says report
Speaking to Variety, sources familiar with the deal have suggested the Google subsidiary will purchase Twitch "all-cash" and that the announcement is expected to be made imminently.
Twitch is popular video streaming platform that allows players to broadcast themselves and their gameplay over the internet. The company has seen massive success over the past few years, with Sony and Microsoft opting to integrate Twitch streaming and viewing functionality natively into the PlayStation 4 and Xbox One.
In its first week of streaming the Xbox One Twitch app hosted over 108,000 unique broadcasters, accounted for 22 per cent of the game streaming service's total broadcaster base. In December 2013, following the PlayStation 4's launch, 20 per cent of all Twitch streamers were broadcasting from PS4 systems.
In May 2013, Twitch reported its unique monthly viewership was over 34 million users. In addition to platform holders, the company has entered into partnerships with a number of the industry's biggest publishers including Ubisoft, EA, Activision and Sony Online Entertainment.
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Source: http://www.computerandvideogames.com/464045/youtube-to-acquire-twitch-for-1-billion-says-report/
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slapshot101Posted:
It's a good move by Youtube, it should really expand their live streaming services which aren't too impressive currently. I just hope they keep the two companies as separate as possible and not just try to integrate them into one big media service. Since google owns Youtube doesn't this mean that google bought Twitch? Hopefully this we be a positive thing for all the streamers out there.
KatsumiPosted:
-Sir NO!
Google + will invade! like it ruined youtube #BRINGBACKOLDUTUBE
Well that isn't really certain... Google Inc. may just take Twitch in a good direction
TSNYCPosted:
-Cookie- This made me laugh actually because youtube had a streaming service and well that clearly went to dust with the google+. I hope they don't integrate that into Twitch if they did purchase it.
Also the youtube streaming service wasn't as good as what twitch was. Google+ was a joke though to be fair.
-Cookie-Posted:
This made me laugh actually because youtube had a streaming service and well that clearly went to dust with the google+. I hope they don't integrate that into Twitch if they did purchase it.
nostrilPosted:
-360- Come on, Twitch? What is it with huge companies buying up these other companies. Well, there goes Twitch.
Twitch had a lot of bugs when they owned it. Hopefully YouTube will fix it up.
TomPosted:
XeWeegee Really hope youtube doesn't ruin it as well... Twitch has always been a cool thing to watch
I was just thinking the same thing. Really hope youtube doesnt!
SmurfsPosted:
-360- Come on, Twitch? What is it with huge companies buying up these other companies. Well, there goes Twitch.
Twitch wanted the money so they accepted and Youtube will probably do something good with Twitch.
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