Rumor: TwitchTV to be purchased by youtube for 1 billion

Wrathborne

#55 Oswell E. Spencer

Join Date: Nov 2010

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Rumor: TwitchTV to be purchased by youtube for 1 billion

05-18-2014, 09:23 PM

YouTube to Acquire Videogame-Streaming Service Twitch for $1 Billion: Sources

http://variety.com/2014/digital/news/youtube-to-acquire-videogame-streaming-service-twitch-for-1-billion-sources-1201185204/

Google‘s YouTube has reached a preliminary 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 […]

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http://www.gameinformer.com/b/news/archive/2014/05/18/report-youtube-to-buy-twitch-for-1-billion.aspx

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http://www.vg247.com/2014/05/18/youtube-to-acquire-twitch-for-1-billion-rumour/

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This has been spreading around the net, cant say I'm too happy with this and have very mixed feelings. Mostly due to how Google has fucked up Youtube in the past 2 years with the comment system downgrade among their other mistakes.

I'm guessing as the news spreads we'll have an answer to this in the next day or so.
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