Waxangel Profile Blog Joined September 2002 United States 26728 Posts Last Edited: 2014-05-19 03:49:57 #1


Variety is reporting that Youtube will acquire Twitch for over $1 billion dollars. According to the article, both Youtube and Twitch have declined to comment at the time. 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.

The article also states that YouTube is prepared for the deal to be challenged by the Justice Department, as the two companies together account for a large share of the online video market.


The


The article also states that YouTube is prepared for the deal to be challenged by the Justice Department, as the two companies together account for a large share of the online video market.The Wall Street Journal is reporting a similar deal, but unlike Variety states that the deal is in the early phases and that it is not "imminent." Google Inc. is in talks about a possible acquisition of Twitch, a fast-growing live video-streaming service, according to two people familiar with the matter.


The talks are at an early stage, and a deal isn't imminent, the people said. The potential purchase price couldn't be learned. Twitch also has considered raising additional funding instead of selling the company, according to one of the people.


According to According to TheVerge , Microsoft was also among the companies bidding for Twitch. Administrator Hey HP can you redo everything youve ever done because i have a small complaint?

Kiernan Profile Joined April 2014 101 Posts #2 I hope the Twitch Guys just start a new Twitch with their knowlage. I bet Google will ruin Twitch like they ruined YouTube...

jax1492 Profile Joined November 2009 United States 1625 Posts #3 This is what Google does, their YouTube live is kind of a failure so they buy up the competition. I can see how Googles backing will help twitch but also YouTube has declined in my opinion since Google did things like Google plus integration with YouTube.

SpikeStarcraft Profile Joined October 2011 Germany 2092 Posts Last Edited: 2014-05-18 23:41:38 #4 Before Google Youtube was just a page for funny videos. After Google its a place where people can earn their living.


I would expect that monetization would get a lot better because more companies would run their ads through twitch. Which is a huge problem currently.

FiWiFaKi Profile Blog Joined February 2009 Canada 4971 Posts #5 Wow, twitch is worth over a billion? Didn't think it was that much.


I don't really know what to think of this. I like google as a company, and they have the better infrastructure... I like it. In life, the journey is more satisfying than the destination. || .::Entrepreneurship::. Living a few years of your life like most people won't, so that you can spend the rest of your life like most people can't || Mechanical Engineering & Economics Major

MassHysteria Profile Joined October 2010 United States 3655 Posts #6 Congrats Twitch-guys. "Just ban all the J's...even jinklejoes" --unnamed source

TJ31 Profile Joined October 2012 630 Posts #7 RIP Twitch if it ever happens. Google will push that lame Google+ there, change twitch's layout to something nearly unusable every 2 months without any reason and of course they won't let streamers to play any music during their streams.

Oh well, I thought it would be difficult to live without youtube ( I used to watch A LOT of stuff there), but it's actually fine. So I'm sure I'll be ok without twitch as well.

Ace Frehley Profile Joined December 2012 2020 Posts #8 On May 19 2014 08:34 Kiernan wrote:

I hope the Twitch Guys just start a new Twitch with their knowlage. I bet Google will ruin Twitch like they ruined YouTube...


It's not rare in these cases that most of the staff of a company just stays after an acquisition. They are just not the 'owners' anymore, and they already know how to make things work


And I think this is a very good deal

The brands of Google/Youtube might attract more announcers to twitch, which is good for the streamers It's not rare in these cases that most of the staff of a company just stays after an acquisition. They are just not the 'owners' anymore