YouTube to acquire Twitch for $1 billion, says report
Speaking to Variety, sources familiar with the deal have suggested the Google subsidiary will purchase Twitch "all-cash" and that the announcement is expected to be made imminently.
Twitch is popular video streaming platform that allows players to broadcast themselves and their gameplay over the internet. The company has seen massive success over the past few years, with Sony and Microsoft opting to integrate Twitch streaming and viewing functionality natively into the PlayStation 4 and Xbox One.
In its first week of streaming the Xbox One Twitch app hosted over 108,000 unique broadcasters, accounted for 22 per cent of the game streaming service's total broadcaster base. In December 2013, following the PlayStation 4's launch, 20 per cent of all Twitch streamers were broadcasting from PS4 systems.
In May 2013, Twitch reported its unique monthly viewership was over 34 million users. In addition to platform holders, the company has entered into partnerships with a number of the industry's biggest publishers including Ubisoft, EA, Activision and Sony Online Entertainment.
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Source: http://www.computerandvideogames.com/464045/youtube-to-acquire-twitch-for-1-billion-says-report/
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iMa_TanKPosted:
NatusVincere People are making a big deal about this,When we should be making a big deal about the FCC killing Net Neutrality.I rather have google buy twitch than paying a 500$ internet bill.
Agreed... I think it's good tho
ORL_MAGICPosted:
NatusVincere People are making a big deal about this,When we should be making a big deal about the FCC killing Net Neutrality.I rather have google buy twitch than paying a 500$ internet bill.
Google owns youtube. So...(20characters)
ORL_MAGICPosted:
Alexyy This is not pretty cool if youtube brings there DRM to twitch forcing streamers to use copyright free music.
Twitch users aren't even suppose to be using non copyright music in the first place.
AlexPosted:
This is not pretty cool if youtube brings there DRM to twitch forcing streamers to use copyright free music.
MaggardoPosted:
This is actually pretty cool. I wouldn't have even thought that Google would buy Twitch.
AR15Posted:
This is pretty cool actually. Could make for a lot more revenue for broadcasters and what not.
xxMTNdewlxxPosted:
I honestly don't see a problem too much with this possibly for the streamers because Google is taking over and there is no other independent video streaming service avaliable
NatusVincerePosted:
People are making a big deal about this,When we should be making a big deal about the FCC killing Net Neutrality.I rather have google buy twitch than paying a 500$ internet bill.
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