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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meanbeanz90Posted:
i just hope that google gets involved with a console or make a cross compatibility applications, I am kinda wondering why ps4 doesnt have youtube.
LatiasPosted:
Here comes Google, about to bend Twitch users over a table, just like they did when they bought YouTube.
nblzPosted:
Kixa-Tupac 1Billion?! Wow thats crazy.
It doesnt seem to much i thought it would be more
that is a crazy amount of money ahaha, but twitch does have a large active user base.
DJMarkyMarkPosted:
I don't really want to see Youtube to purchase Twitch but it looks like it is almost a for sure thing. It is a smart move for Youtube though.
I like the way Twitch is right now so hopefully it doesn't change too much.
I like the way Twitch is right now so hopefully it doesn't change too much.
SmurfsPosted:
That's a huge amount of money.
That's what I'm hoping for.
SnuggleSock Maybe they are going to input Twitch in YouTube? That would be awesome!
That's what I'm hoping for.
NiizumaPosted:
XsplayAftermarket Here comes forced Google+
I agree with this so much
Now that's one reason I hope this doesn't happen...
SIKSPosted:
It would actually be an amazing investment for them but then they would just change everything once they buy it.
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