*YouTube reportedly in talks to buy Twitch for $1 billion
[ x ] remove ads and scale site to 1080p+
[ x ] remove the ads & get mobile premium
pay whatever you want to upgrade
 
 

YouTube reportedly in talks to buy Twitch for $1 billion

12:00 PM on 05.19.2014  ·  Jordan Devore@DtoidJordan
0

Google x Twitch

Google buying Twitch. Well, that's one way to scale. Sources with Variety say that Google's YouTube is working to acquire the streaming video site for "more than $1 billion" and preparing for U.S. regulators to challenge the buyout. Other outlets have heard similar reports, though there's been conflicting information about when the deal will be announced.

The Verge reports that YouTube and Twitch have agreed to the billion-dollar figure and, currently, talks are concerned with things like how independent the company and brand will remain post-acquisition. Reportedly, Twitch heard bids from other companies, including Microsoft, but felt YouTube would best meet its needs going forward.

Frankly, a billion is lower than I would've expected considering Twitch's growth these last few years. It's a good deal for Google. Will it be good for current streamers? I'm not exactly optimistic.

YouTube to Acquire Videogame-Streaming Service Twitch for $1 Billion: Sources [Variety]
Twitch chooses Google over Microsoft amid multiple buyout offers [The Verge]

 
 

Enlighten an uninformed cougar: FacebookTwitterRedditEmail
 

#Google #Industry Bull #Mergers and Acquisitions #Twitch.tv #YouTube
 
 
 
[x] advertisement
 
 


Jordan DevoreManaging Editor, Co-EIC // Profile & Disclosures
Fronts10212Posts1Blogs 14Following162Followers283

Jordan is a founding member of Destructoid and poster of seemingly random pictures. They are anything but random. Disclosure: I backed Double Fine Adventure and Awesomenauts: Starstorm on Kickst... more
Trending on Destructoid:

 
 


Join the robot army! We're a family-owned site, updating multiple times a day (since 2006!) thanks to our Huge Members

Tornd
Tornd


Since 3:47 PM on 01.04.2013

BeatBeat
BeatBeat


Since 1:18 PM on 08.29.2012

User Avatar
iFlingPoo


Since 12:42 AM on 03.01.2016

User Avatar
tylerpol


Since 10:21 AM on 01.02.2014

 

Please login (or) make a quick account (free)
to view and post comments.





Three day old threads are only visible to verified humans - this helps our small community management team stay on top of spam

Sorry for the extra step!