MrBill
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It appears that YouTube (Google) is going to acquire Twitch for $1B in cash. This is likely good for the majority owners of Twitch but I'm not so sure about gamers. There are concerns that there will be even more ads now on Twitch and that Google's draconian copyright policies will bleed over to the new Twitch.
What do you think?
What do you think?
Report: YouTube to acquire Twitch for $1 billion
Brett Molina, 6:42 p.m. EDT May 18, 2014
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.
The service allows video game players to stream live action from their devices. Initially available on PC, Twitch launched apps for the PS4 and Xbox One video game consoles that let users directly broadcast their gameplay from the device.
Twitch claims about 45 million visitors to its site each month.
Follow Brett Molina on Twitter: @bam923.