YouTube Acquires Popular Streaming Site Twitch For A Billion Dollars
Twitch is a popular platform for watching and sharing video game footage, seeing top-notch players broadcasting their thing, enjoying special events, and more--and now it’s the property of Google, via YouTube. According to Variety, YouTube acquired Twitch for a cool billion dollars. The deal is reportedly an all-cash offer and will be announced shortly.
Twitch says that it has over 45 million visitors per month. It was just in February that Microsoft announced that it would finally add Twitch livestreaming to the Xbox One, which we pontificated would bring about new features.
We were partially right, insofar as things are shifting, but seeing Twitch go to YouTube is a surprise. The question now is whether the YouTube crew sees Twitch as an easy moneymaker that could benefit from YouTube’s technology and back end or if we’ll see changes to the gaming streamer.
Twitch says that it has over 45 million visitors per month. It was just in February that Microsoft announced that it would finally add Twitch livestreaming to the Xbox One, which we pontificated would bring about new features.
We were partially right, insofar as things are shifting, but seeing Twitch go to YouTube is a surprise. The question now is whether the YouTube crew sees Twitch as an easy moneymaker that could benefit from YouTube’s technology and back end or if we’ll see changes to the gaming streamer.
