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

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

Share on

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.

Twitch

More news as we get it.

Share on

Leaderboards

November 2018

View Leaderboards

Most Popular

Read More Insights

Is 4K Video Quality Critical for Online Creators?

Is 4K Video Quality Critical for Online Creators?

There are so many factors that go into producing successful video content, but is filming in 4K one of them? The format is supported by YouTube, Vimeo, Netflix, and other video platforms but should creators worry about shooting in 4K when they could be pushing resources elsewhere?

Read More Arrow pointing right
© 2018 Tubular Insights & Tubular Labs, Inc.