YouTube to Acquire Twitch for $1 Billion? It's Looking Likely [Rumor]

YouTube to Acquire Twitch for $1 Billion? Its Looking Likely [Rumor]

According to a breaking story at Variety, the world's biggest and most popular video site, YouTube, is acquiring videogame-streaming company Twitch, for an estimated $1 billion. Although both YouTube and Twitch have declined to confirm or deny the story, sources near to the deal confirm it's on, and that Google owned YouTube is also preparing for a show-down with U.S. regulators if the acquisition is challenged.

Twitch, launched June 2011, was one of the very first sites to host live-streamed user-generated video, primarily of gaming footage. It has around 45 million monthly users, more than 1 million members actively uploading video content on a monthly basis. In March of this year, the site accounted for nearly 1.4% of all North American fixed-access bandwidth usage, nearly triple from last Autumn.

YouTube to Acquire Twitch for $1 Billion? Its Looking Likely [Rumor]

More news as we get it.

 

 

About the Author -
Carla Marshall is the Managing Editor of ReelSEO, and the Community Manager for the ReelSEO YouTube Channel. She is YouTube Certified, and specialises in video optimisation and organic marketing. She has a background in search and social media. View All Posts By -

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