youtube to buy twitch
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youtube to buy twitch
by Princess Daisy Sun May 18, 2014 3:45 pm
http://variety.com/2014/digital/news/youtube-to-acquire-videogame-streaming-service-twitch-for-1-billion-sources-1201185204/
welp
they're fucked
Google’s YouTube has reached a deal to buy Twitch, a popular videogame-streaming company, for more than $1 billion, according to sources familiar with the pact.
The deal, in an all-cash offer, is expected to be announced imminently, sources said. If completed the acquisition would be the most significant in the history of YouTube, which Google acquired in 2006 for $1.65 billion. The impending acquisition comes after longtime Google ad exec Susan Wojcicki was named CEO of YouTube earlier this year.
Reps for YouTube and Twitch declined to comment.
San Francisco-based Twitch lets users upload and watch free, live gameplay videos that can be streamed from Microsoft Xbox and PlayStation 4 consoles. The company claims to have more than 45 million monthly users, with more than 1 million members who upload videos each month. It also has deals to distribute shows from partners including CBS Interactive’s GameSpot, Joystiq and Destructoid.
SEE ALSO: Major League Gaming, Twitch Compete to Become the ESPN of Videogames
YouTube is preparing for U.S. regulators to challenge the Twitch deal, according to sources. YouTube is far and away the No. 1 platform for Internet video, serving more than 6 billion hours of video per month to 1 billion users worldwide, and the company expects the Justice Department to take a hard look at whether buying Twitch raises anticompetitive issues in the online-video market.
Twitch was launched in June 2011 by Justin Kan and Emmett Shear, co-founders of Justin.tv, one of the first websites to host livestreaming user-generated video. Shear currently serves as CEO of Twitch.
Founded in 2011, the startup has raised about $35 million in funding. Investors include Bessemer Venture Partners, Alsop Louie Partners, WestSummit Capital, Take-Two Interactive Software, Thrive Capital and Draper Associates.
One of Twitch’s competitors is Major League Gaming, a New York-based company whose investors include Oak Investment Partners and Relativity Media CEO Ryan Cavanaugh.
In March 2014, Twitch represented 1.35% of all downstream bandwidth on North American fixed-access broadband networks — nearly triple from last fall, according to bandwidth-equipment company Sandvine.
welp
they're fucked
Last edited by Princess Daisy on Sun May 18, 2014 3:47 pm; edited 1 time in total
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Re: youtube to buy twitch
by admin Sun May 18, 2014 4:11 pm
in before required google+ to stream and everyone moves to the promised land (ustream)
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Re: youtube to buy twitch
by Princess Daisy Sun May 18, 2014 5:37 pm
nobody winsmega!!!! wrote:twitch plays google plus
no matter what button you tell to command, everyone loses
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Re: youtube to buy twitch
by mega!!!! Sun May 18, 2014 5:44 pm
Princess Daisy wrote:nobody winsmega!!!! wrote:twitch plays google plus
no matter what button you tell to command, everyone loses
what about alt + f4?
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Re: youtube to buy twitch
by admin Sun May 18, 2014 7:59 pm
"This stream has been made unavailable in your country"
"This stream cannot be viewed on mobile"
"This stream has been removed due to a claim from Universal Music Group"
And so on and so forth. Luckily it sounds like this rumor isn't true
"This stream cannot be viewed on mobile"
"This stream has been removed due to a claim from Universal Music Group"
And so on and so forth. Luckily it sounds like this rumor isn't true
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Re: youtube to buy twitch
by biglow mcdickrider Tue May 20, 2014 11:43 am
I don't think they're going to put claims on streams. The ID whatever technology doesn't sound like it would work for it.
Unless somebody was streaming movies.
Unless somebody was streaming movies.
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Re: youtube to buy twitch
by biglow mcdickrider Tue May 20, 2014 1:48 pm
Holy shit.Red Epoch wrote:"i hate the new twitch layout!!"
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