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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TaylorPosted:
Honestly, if Youtube buys Twitch TV it will get screwed up somehow. Youtube live streaming sucks at the moment. Which is why Twitch exists. I hope they don't go over board changing everything.
EllipsesPosted:
I hope twitch doesnt take the offer. I want to leave it as it is. If they buy it they will make it as bad as YouTube
XenoChristPosted:
I hope they don't mess up the site. They're good at fixing things that are not even broken.
lolohnoeszszPosted:
Lot I hope Twitch doesn't sell as youtube will ruin it most likely
You mean Google will ruin Twitch just like they ruined YouTube.
KurumuPosted:
I hope Twitch doesn't sell 1b is not enough. Twitch is worth and will be worth a lot more if they stick with it.
StonerzardPosted:
meanbeanz90 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.
Shocks me as well, no app but you can access YouTube through the browser, so it's still there! Wouldn't mind Google Chrome on the Playstation, would be quite naughty
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