EPTAmazon acquires Twitch.tv - Page 20
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radscorpion9
Canada2252 Posts
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Doublemint
Austria8756 Posts
On May 24 2014 01:13 radscorpion9 wrote: Okay google I think you're big enough now you don't need any more!! lol And for mainly dramatic purposes, google's reply: + Show Spoiler + | ||
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Grettin
42411 Posts
Google’s $1B purchase of Twitch confirmed — joins YouTube for new video empire Google has reached a deal to buy game livestreaming firm Twitch for $1 billion, according to sources familiar with the matter. We don’t know everything about this deal, such as when it will be announced and the exact purchase price. We do know that investors who participated in past rounds are pleased that they will be getting significant returns that are multiple times the amount they originally invested. The deal underscores the value of live Internet streaming and the rise of competitive gaming as a spectator sport — something that draws millions of viewers, can offer prize pools that surpass pro golf’s marquee events, and provides a multibillion dollar opportunity for advertisers. Google and Twitch declined comment. Both companies happen to be speaking at our GamesBeat 2014 event in September. This deal was first cited by unnamed sources from Variety said back in May that Google had made an all-cash offer and that the deal could be announced soon. Google’s YouTube division is reportedly in charge of the acquisition, which would represent a significant transformation of YouTube’s business. Google acquired YouTube in 2006 for $1.65 billion. San Francisco-based Twitch enables people to broadcast their own gameplay sessions on the PC, Xbox One, or PlayStation 4 to online viewers. It enables both competitive gamers and average players to gain fleeting fame by entertaining those spectators, who sometimes number in the millions. In March, Twitch represented 1.35 percent of all Internet traffic, according to Sandvine. Twitch has more than 50 million monthly active users and more than 1.1 million members who broadcast videos each month. Back in June 2011, Twitch had just 3.2 million monthly active users. Twitch also distributes shows from partners including CBS Interactive’s GameSpot, Joystiq, and Destructoid, all gaming-news sites. More than 13 billion minutes of video are watched per month on Twitch. YouTube is the No. 1 platform for Internet video, serving more than 6 billion hours of video per month to 1 billion users worldwide. But most of those videos are uploaded. Twitch began in June 2011 by Justin Kan and Emmett Shear, cofounders of Justin.tv. The site was one of the first to host livestreams, or real-time videos of something that was happening at that moment. Shear is still CEO of Twitch. Twitch has raised about $35 million from Bessemer Venture Partners, Alsop Louie Partners, WestSummit Capital, Take-Two Interactive Software, Thrive Capital, and Draper Associates. http://venturebeat.com/2014/07/24/googles-1b-purchase-of-twitch-confirmed-joins-youtube-for-new-video-empire/ | ||
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Sub40APM
6336 Posts
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{CC}StealthBlue
United States41117 Posts
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Grettin
42411 Posts
On July 25 2014 06:20 {CC}StealthBlue wrote: Hooray! Better support and actual updates incoming. Hopefully. All i want is html5.. | ||
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aksfjh
United States4853 Posts
All I want is more than 3 ads... | ||
Antoine
United States7481 Posts
On July 25 2014 06:09 Sub40APM wrote: 35 million turned into a billion in 3 years. compared to some other recent acquisitions though, it seems kind of low! | ||
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Dagobert
Netherlands1858 Posts
If you're not paying for a proprietary product, you ARE the product. You might want to look into (actual) "free software". Support it if you would like to be able to control the product, instead of having the product control you. | ||
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Amui
Canada10567 Posts
On July 25 2014 06:27 Antoine wrote: compared to some other recent acquisitions though, it seems kind of low! Just over 200% increase per year. Pretty high once you get into the millions range. | ||
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Socup
190 Posts
So its not Youtube buying Twitch, its Google buying Twitch after owning Youtube. I cant understand why people sell anything for an instant 1 billion when your company stands to make that much over the course of a few years anyway. Time for someone to create a new twitch-like video streaming service. | ||
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Tribute
United States146 Posts
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Lucumo
6850 Posts
Twitch began in June 2011 by Justin Kan and Emmett Shear, cofounders of Justin.tv. The site was one of the first to host livestreams, or real-time videos of something that was happening at that moment. Lol, whoever wrote that article has apparently no clue at all. | ||
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Kurr
Canada2338 Posts
On July 25 2014 07:14 Lucumo wrote: Lol, whoever wrote that article has apparently no clue at all. It doesn't say it was the first. I mean, it's one of the firsts (justin.tv) along with services like ustream. I don't think many people count old obscure streams like I remember watching CS 1.6 tournaments in ~2003 through clients and that WC3 stream program that was horrendous to get to work.. Modern streaming is pretty recent. | ||
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rebuffering
Canada2436 Posts
On July 25 2014 07:14 Tribute wrote: I'm going to be interested in seeing how Google will approach this. Given how many music violations occur on youtube, and how many streamers play music while they stream, I'm a little apprehensive. Also thinking about this, if im streaming a game, with music in the background, will i be flagged? or banned? or perhaps never be allowed to listen to music while streaming again? Im quite worried. | ||
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Zess
Adun Toridas!9144 Posts
Also Youtube livestream rewind is much more robust than Twitch. | ||
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{CC}StealthBlue
United States41117 Posts
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Saryph
United States1955 Posts
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OuchyDathurts
United States4588 Posts
On July 25 2014 07:45 rebuffering wrote: Also thinking about this, if im streaming a game, with music in the background, will i be flagged? or banned? or perhaps never be allowed to listen to music while streaming again? Im quite worried. Aren't streamers really not supposed to be playing music technically but Twitch doesn't actually enforce it? Every once in a while they'd go around and tell everyone not to play music but it never stuck? Not that people listening to streams is tantamount to pirating music or monetizing it or whatever. No one watches a stream to wait for their favorite song to come on, it's just background while someone is playing a game so I don't see any real reason streaming music is the end of the world. Maybe google some how sorts it out where streaming the music is fine but you can't monetize the VoDs on youtube, I don't know. Considering the vast majority of VoDs from twitch are pretty much pointless for all intents and purposes that might be ok, you wouldn't be making much money off monetizing them anyway. If music on twitch goes away personally I'm not going to riot. Every once in a while I'll catch a new song that I dig so I'll go pick the song up so it can be a nice way to get exposed to new stuff from time to time. There are also streams with god awful music or music that is too loud and that drives people away from some streams they might otherwise enjoy so there are benefits to going musicless as well. People can watch the streamer they like with the music they choose. Personally if I ever were to stream I always figured I'd do it (if possible to configure, I have no idea) where I'd listen to my music or podcast or whatever but not broadcast it. Put a widget in the corner that says what I'm listening to so if someone is curious about my taste or whatever the info is there but no one is subjected to my stuff if they don't want to be and throw a playlist down in the info if anyone can't to see my comprehensive taste. Everyone can find what I'm into or listening to without making anyone feel like they're being ear raped. | ||
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Seraphic
United States3849 Posts
If Google fucks this up, then that's on them when a lot of people gets angry. | ||
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