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Report: YouTube buying Twitch
Report: YouTube buying Twitch
July 24, 2014 | By Christian Nutt




Newsbrief: VentureBeat reports that Google's long-rumored acquisition of video-streaming site Twitch has been signed, citing anonymous sources familiar with the matter.

Rumors flared up of the acquisition in May, though both companies declined to comment on them at that point. So far, Gamasutra has gotten a "no comment" from a Twitch spokesperson and, as of writing, no response at all from Google.

VentureBeat's Dean Takahashi cites a buying price of $1 billion but says that other details of the deal are still under wraps. The report says that YouTube is in charge of the acquisition.

We will update this story with any details as they become available.

UPDATE: A Google spokesperson responded to a request for comment on the deal with: "We don't comment on rumor or speculation."


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Comments


Mike Higbee
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Oh god no... if what they've done with Youtube is any indication Twitch is going to go down the tubes.

Kyle Redd
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Competition is bad for business.

Daniel Jovanov
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Tell that to businessmen. They'll get a good laugh.

Jeff Leigh
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Twitch is a new video-game oriented streaming service that offe...

And it's gone.

(Insert Google ad that presents a non-descriptive "download" button here.)

Mark Ludlow
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While the benefits of Google's server infrastructure are a good side to the deal, I have a lot of concerns about what's going to happen to Twitch. Imagine if ContentID got loose onto it. All the videos would suddenly go bye bye.

Duvelle Jones
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Frankly, Twitch has been playing with fire for years on that front. I can only see the addition of ContentID filtering as a necessary thing if they want to grow.

Ryan Christensen
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Might be a good thing for Everyplay and others.

Twitch has massive integration though and that is some hard battles baked into the brand. However as much focus as Youtube has in marketing games and this acquisition, there will be more competition here.

You can't fault Youtube for wanting it though, it is where let's play youtube is going. Massive competitor gone, bring on the hundreds of others that will try to ride that wake.

Twitch.tv has come a long way since Justin.tv though and congrats to them.

Yama Habib
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So this is the point in the conversation where monopoly becomes a major concern.

As far as internet video streaming services are concerned, YouTube represents the lion's share of the market, and the only competitor that stood out as anything other than the "Other" part of the pie chart was Twitch.

Is this acquisition legal? If so, is it ethical?


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