Report: Google to Purchase Twitch for $1 Billion - News
by William D'Angelo , posted on 27 July 2014 / 5,202 ViewsGoogle has signed a deal to purchase video game streaming website Twitch for $1 billion, according to sources who spoke with Gamesbeat last week. Google's YouTube division is reportedly in charge of the purchase.
Twitch has seen continued growth, which earlier this year hit 1.35 percent of all internet traffic. There are more than 50 million monthly active user, as well as more than 1.1 million people who stream at least once per month.
When Twitch began in June 2011, it had just 3.2 million monthly active users. Twitch was founded by Justin Kan and Emmett Shear. It was also one of the first websites to host livestreams.
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RIP twitch.
So are all streams now gonna be slammed with the copyright system that be have to wait a month to get cleared from fairuse?
Google is a pretty good company from what I know so let's hope this ends up being a good deal for everyone.
Why all the hate?! I'm also sceptical about this move of Google, but don't jump to conclusions yet. Lets wait and see.
Oh god no.
I actually thought this happened a while ago.
It was rumored a while back. But the companies kept denying it.
This is hardly news. It's been out there for over a month I think.
This is horrible. I like youtube's increase in quality since google took over, but every other aspect of youtube has gotten worse. The comments section, channel customization...most people won't understand, but my original YT was in 2006 so I saw google ruin many youtube features over the years after they purchased it.
I hate google more than apple, microsoft, and walmart, but I love twitch. This is very sad news for me. Twitch is just a fantastic site right now. I'm enjoying it more than YouTube in some aspects.
ffs. RIP Twitch. Google will only fuck it up like shittube.