YouTube reportedly buying Twitch for $1 billion

Desmond

Desmond

Destroy Erase Improve
Staff member
Admin
And just in time for The International Dota 2 Championships too.

Sources with Variety report that YouTube is nearing a deal to buy Twitch, the popular game streaming startup, for $1 billion. The deal is said to be an all-cash offer and will close "imminently," according to Variety; The Wall Street Journal, however, has followed up with a report claiming that discussions are "early" and that "a deal isn't imminent." The move, if it succeeds, would effectively put one of the web's most highly trafficked sites firmly in Google's hands.

Details are currently scarce. However, for YouTube's part, the move makes sense. Twitch, launched in 2011, has since become a premier destination for video game live-streams, and has effectively turned titles as offbeat as Pokemon into spectator sports. It currently has more than 1 million unique users broadcasting on its platform every month, and, according to a recent DeepField study, ranks ahead of even Google in terms of broadband traffic during peak hours. Twitch functionality is built into both the PlayStation 4 and Xbox One game consoles.

While YouTube is otherwise the king of online video, it mostly missed the boat on livestreaming. Pulling Twitch into the fold would put all that content under one roof. However, Variety reports that YouTube is preparing for regulators to challenge the deal.

Spokespeople for both YouTube and Twitch declined to comment.

Update May 19th, 8:35PM: Updated to include a second report from The Wall Street Journal.
Click to expand...

Source : *www.theverge.com/2014/5/18/5729460/youtube-reportedly-buying-twitch-for-1-billion
 
R

rish1

Cyborg Agent
this is not good :(

now nobody can compete to youtube.. and they can do whatever they want to , atleast twitch was looking to be going great .. youtube before 2013 was awesome.. reading comments itself was very much entertaining.. now its all screwed up + that buffer pause uff....
 
theserpent

theserpent

Firecracker to the moon
Great!This world has no room for innovation or competition.All these major's end up buying amazing start ups and ruin it!
@^*^ Google
 
OP
Desmond

Desmond

Destroy Erase Improve
Staff member
Admin
Everyone is saying that the news is unconfirmed. So, this is most likely a rumor. I think we should wait and watch.
 
snap

snap

Lurker
if any songs are playing in background of a stream would google take it down citing copyright infringement?
 
OP
Desmond

Desmond

Destroy Erase Improve
Staff member
Admin
RCuber said:
one billion is a little less considering how popular Twitch is ..
Click to expand...

Yeah, but Twitch has not commented, so we don't know what the deal is.

- - - Updated - - -

snap said:
if any songs are playing in background of a stream would google take it down citing copyright infringement?
Click to expand...

****!, that would totally suck.

- - - Updated - - -

One reason why this is not a good idea : Twitch Chat Users May Destroy YouTube Ecosystem
 
OP
Desmond

Desmond

Destroy Erase Improve
Staff member
Admin
It's confirmed.

Google's $1B purchase of Twitch confirmed -- joins YouTube for new video empire | GamesBeat | Games | by Dean Takahashi
 
You must log in or register to reply here.
Top Bottom