Report: YouTube Buying Twitch.tv For $1 Billion

Variety reports that Google's YouTube unit has reached a deal with Twitch.tv to buy the game-streaming service for $1 billion. From the article: "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. ... YouTube is preparing for U.S. regulators to challenge the Twitch deal, according to sources. YouTube is far and away the No. 1 platform for Internet video, serving more than 6 billion hours of video per month to 1 billion users worldwide, and the company expects the Justice Department to take a hard look at whether buying Twitch raises anticompetitive issues in the online-video market."

Comments

All of Twitch is a 'Copyright Violation'

[Sarusa]

Since by YouTube's standards, everything on Twitch is a 'copyright violation' (streaming footage of a video game and completely ignoring that most of it is Fair Use with added content) I really have to wonder how they intend to deal with the corporate trolls who are now going to descend on Twitch like the vultures they are.

I imagine that will involve giving most of the money currently going to the content creators to the copyright asserters. The RIAA model.

What does this mean for justin.tv?

[BitterOak]

I know Twitch TV and Justin TV are closely linked. I think in fact that Twitch is an offshoot of JTV and the user accounts are shared. Is YouTube buying JTV as well, will JTV go on independently, or will JTV be shut down?

Re:Why is twitch popular?

[EvilSS]

I kind of wondered the same thing until I started watching. I originally went there to look at actual game play footage for a game I was thinking of picking up. In the process I found a few streamers who I actually enjoyed watching. They were funny, interactive with their viewers, and pretty good gamers to boot. Now I go back pretty much every day to watch while I work or surf. It's replaced some TV and podcasts as my "background noise".

Keep in mind most of the smaller streamers (and those tend to be the more entertaining to watch) are not e-sports try-hards. Their play is more casual. I tried a few of the bigger streams but yet, just watching someone team grind to keep their K/D is boring as watching golf.

Re:Wow a fucking billion dollars aint shit today

[EvilSS]

Twitch.tv are pretty big. They can get 50-100k live viewers on dota 2 streams, which are typically hours long. That has to be worth something.

Or League of Legends. That game can pull in over a million live viewers at times. Hell the "finals" last year pulled in over 32 million. Most TV broadcasts outside the Super Bowl can't pull that off.