YouTube will reportedly acquire Twitch for $1 billion

[Scorpus]

According to sources close to Variety, YouTube is about to finalize a deal that will see them acquire video live-streaming website Twitch for $1 billion in cash. The deal is "expected to be announced imminently", and will be the largest acqusition by YouTube since it was itself acquired by Google back in 2006.

Twitch is one of the largest video sites on the internet, particularly when it comes to live-streaming of video games and e-sports. The site boasts 45 million monthly users and more than 1 million monthly video uploaders, stats which have been greatly helped by both the Xbox One and PlayStation 4 allowing users to live stream their gameplay through Twitch.

While YouTube does provide a live-streaming service, it hasn't seen as much success as Twitch, so through purchasing the company YouTube will strengthen their online video portfolio. YouTube are expecting US regulators to review and challenge their acqusition of Twitch, as it may be seen as an anticompetitive move.

Other details surrounding the deal aren't known, and spokespeople for YouTube and Twitch are declining to comment on rumors.

Permalink to story.

https://www.techspot.com/news/56800-youtube-will-reportedly-acquire-twitch-for-1-billion.html

 

[ImiStatue]

Well...There goes the neighborhood...

 

[Mieksr]

Sweet Jesus! I just hope twitch tv keeps improving. Often it is the only entertainment I leave on in my living room and I would hate see it suffer.

 

[ImiStatue]

If anything can be said about the internet... It keeps getting better, It keeps getting better...

 

[Unkn0wNx]

Still a rumour though, if it goes ahead g+ integration will really be bad.
RIP in pieces twitch...

 

[Guest]

Oh, great. The last thing the internet needs is another virtual monopoly by the likes of Google. I seriously hope someone else bids on the company to keep competition alive.

 

[wastedkill]

Dont you mean Google bought Youtube...

 

[cliffordcooley]

Dont you mean Google bought Youtube...

No one suggested otherwise.

 

[Puiu]

I hope that if they buy twitch they'll fix their chat servers

 

[Mister_K]

Och and the streamers are going mental. Calm your pants, it's not like they will make it subscription only >.>

 

[MilwaukeeMike]

Dont you mean Google bought Youtube...

No one suggested otherwise.

I think he meant 'Don't you mean Google bought Twitch'. Saying Youtube bought Twitch, would be like saying Windows bought something instead of saying Microsoft bought something. And then there's this line...

The deal is "expected to be announced imminently", and will be the largest acqusition by YouTube since it was itself acquired by Google back in 2006.

Which doesn't make any sense either. Perhaps though because there are two things wrong with it, they cancel each other out.

 

[Movatheaiur]

I predicted this almost a year ago.

 

[insect]

As a streamer, we will have to wait and see. Hopefully it will remain open and free as it is now. Also, I hope that I can keep making money from ads (I know YouTube allows this, so probably).

 

[Wendig0]

This would really suck.

Brought to you by Carl's Jr.

 

[learninmypc]

Well, I can see nothing on the site I'm inrerested in.

 

[Jad Chaar]

I really hope Google doesnt require us to use Google + on it LMAO.

 

[cliffordcooley]

I think he meant 'Don't you mean Google bought Twitch'. <snip>

The deal is "expected to be announced imminently", and will be the largest acquisition by YouTube since it was itself acquired by Google back in 2006.

Which doesn't make any sense either. Perhaps though because there are two things wrong with it, they cancel each other out.

I thought the same thing reading that line.

 

[Hexic]

But Wendig0, it's what plants crave!

Brought to you by Carl's Jr.

 

[S_Brideau]

One would think the price would be more than $1B for a site of the size of Twitch.

 

[Xclusiveitalian]

Youtube would ultimately destroy twitch the same way it did Youtube. Greedly claim copyright on anything and everything and undercut the user, especially out of just dues(money) If I was a twitch streamer id be very VERY nervous.