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United States33432 Posts
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 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 TheVerge, Microsoft was also among the companies bidding for Twitch.
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I hope the Twitch Guys just start a new Twitch with their knowlage. I bet Google will ruin Twitch like they ruined YouTube...
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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.
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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.
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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.
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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.
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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
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Nooooooooooooooooooooo. I really don't like Google's push towards one account tied to your real name, and haven't logged in to YouTube since the change. Twitch, it seems, will suffer the same fate.
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I would think it would be worth more then a billion and a half more like 2 I thought.
As much as this makes sense it makes a lot of sense as the next generation of youtube. now its a place for live streaming and videos.
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I'm not sure I like this.
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If this is true... Wow that'll be crazy. Hopefully it improves Twitch and gets rid of their bugs and stream lags. At the same time, I hate this world where it is dictated by money and corporations.
On May 19 2014 08:43 FiWiFaKi wrote:
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.
Instagram isn't worth a billion. Neither is Oculus VR.
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I've never liked twitch so thats ok. Google will make them shitter with + commercials etc.
and why i dislike twitch? because it lags so fkn much and its not because of my internet. I can't watch 360p on twitch due lag, however i can watch same thing 720p on azubu without a single spike.
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The only positive I can see from this is better revenue for streamers. The most obvious bad thing is the regulation of music being played on stream. Youtube may also play a crap ton more ads to the point where they are annoying (even if they do help out certain streamers more).
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On May 19 2014 08:43 FiWiFaKi wrote:
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.
These types of deals are more about buying the eyeballs and accounts than it is about buying the company or tech. SnapChat was the same kind of deal and there have been several others.
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Mexico2170 Posts
lol google ruined you tube? Sure.
It will be interesting to see what the result of this is. They could integrate it to youtube and make it better (no more lag in EU, more servers, better add revenue). Or they could keep it separate, much like waze is separate from google maps, even though both beneffit from each other and have similar features.
I think this could be very good. Also it is interesting that they are buyin twitch.tv, and not justin.tv, because twitch.tv focus is more of videogames/e-sports so it looks google is interested in that.
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Awful, awful news if true.
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On May 19 2014 08:43 FiWiFaKi wrote:
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.
Google does a bunch of ostensibly nice things to make you like them. They provide free, simple, and reliable email, free storage for all sorts of different documents through google drive, a free (and fast) web browser, tons of good pr from their weird tech experiments and the amenities of the googolplex, etc.
However, look at their actions and you'll see that they truly wish to dominate in almost all aspects of the tech industry, and thanks to their data collection and custom tailored advertisements, they can simply buy out those that truly outcompete them.
Now all I want to do is get a startup going.
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Oh hell. These are the people that think a tiny mobile and a widescreen PC need the same interface. This won't end well.
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I Dont know why people are saying they are going to force google plus onto twitch if this turns out to be real. They recently cut alot of the people on the google plus project and they said they are working on ending forced integration so i dont see why it would be any different for this potential acquisition.
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EPT
