Report: YouTube to acquire Twitch for $1 billion

[Siccness.net]

Google-owned video service YouTube may be on the verge of a major acquisition.

Variety reports YouTube will acquire Twitch, the video game streaming service that surged in popularity with the launch of the PlayStation 4 and Xbox One, for $1 billion.

The report, which cites "sources familiar with the pact," is an all-cash offer and will be announced imminently.

Twitch declined comment to USA Today on the report.

A Wall Street Journal report downplayed the possibility of an imminent sale, claiming the two companies were in talks, and that Twitch could end up raising more funding instead of selling the company.

According to The Verge,...

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[short]

how the fuck can these multi billion dollar regimes have all this cash just laying around

 

[jake921660]

how the fuck can these multi billion dollar regimes have all this cash just laying around

answered your own question

 

[dirtysanchez]

michael j fox got twitch for free..youtube got owned

 

[BUTCHER 206]

Google owns youtube. Google bought twitch.

I find it weird these huge companies can buy up smaller companies then use the smaller companies to buy even smaller companies but somehow that's not monopolistic lol but if the huge company itself does it somehow its antitrust. Bullshit loopholes

 

[2-0-Sixx]

Google owns youtube. Google bought twitch. YouTube buys twitch. Twitch buys Google.

 

[fillyacup]

breh, whats twitch and why should i know about it?


wheres the hood2hood reporter asking all the serious questions when i need him??

 

[ELPOLLITO]

what the fuck it twitch

 

[K.C.]

Twitchtv is like justin.tv but for only gamers. There is a huge market for it right now and a lot of people, even kids, are making a ton of money streaming on that site. The owners of twitch tv hit the jackpot.

edit - basically you watch people play video games, it sounds crazy but its quite profitable for a lot of people. also with games like league of legends and Call of Duty becoming huge in the so called "e-sports" world. it has made professional gaming something that can't be over looked.

 

[InfamousICON]

A bunch of hoes make money off of twitch streaming themselves playing World of Warcraft and shit like that with a little bit of cleavage showing and all the virgins throw money at them.

 

[Syk0tic]

Twitch is honestly worth more. Google came up. A lot of people on twitch are considering switching to Azubu because they are afraid of the whole copyright thing from the music they play on stream.

 

[short]

this is merger shit is a cover for100% legal organized racketeering