Google (Reportedly) Finally Buys Twitch for $1 Billion

/ Jul 25, 2014


It’s finally happened…as far as the internet buzz is concerned. After months of rumors, Google buckled down and signed the deal to purchase video game streaming service Twitch for $1 billion, according to unnamed sources in a report from VentureBeat.

Though the deal has yet to garner an official announcement, it seems like it was only a matter of time before it went through. Acquiring Twitch marks the logical next step for Google, since gaming YouTube video annotations already had the ability to bring viewers directly to live play on Twitch with a single click. Twitch Live Annotations premiered in June, merging the companies closer to the current deal.

Started by the creators of in 2011, Twitch has raised $35 million in past funding initiatives. Bessemer Venture Partners, WestSummit Capital, Alsop Louie Partners, Thrive Capital, Take-Two Interactive Software, and Draper Associates invest in the game streaming service, which boasts over 45 million users each month.

With YouTube having yet to claim a strong live-viewing option, the acquisition of Twitch will serve to fill a void on the digital video platform. Many users who have live-streamed their game play on YouTube note the hurdles they have to jump through due to copyright, and a common practice of Let’s Players is to upload their footage from Twitch to YouTube.

The acquisition could make the Twitch to YouTube transition more seamless for gamers, but details of the purchase are being kept very much under wraps for now. What we do know is that–if the reports are true–it will end competition between the two platforms.

Tags: , , , , , ,


AwesomenessTV, Vice, Complex to Power New HearstLive...


VIDEO: ‘Dirty 30’ Confessions with Stars Hart,...


Facebook Says It’s Sorry It Vastly Overestimated Video...


Pilgrim Media Group CEO Craig Piligian (‘The...

Industry Tickets Selling Fast!
Click above to lock in your registration for VidCon 2015!

Heroes or Rats?: YouTube Unveils New Program for Creators Who...

Vessel says it's doing well in its first month

Why Verizon is Pursuing Vessel, the...


How Canvs Media is Harvesting Emotional Insights on YouTube,...


Marlon Wayans Getting ‘Naked’ for Netflix with Regina Hall


HuffPost RYOT Launching Virtual Reality Comedy Series and News...


YouTube Launches #voteIRL Campaign Targeting Digital-First Generation


How Top YouTubers (incl. Tyler Oakley & Meghan Rienks)...


Charlie Sheen to Star in Crackle Feature ‘Mad Families’


Gunpowder & Sky Buys Distributor FilmBuff As Vision for...


Toy Freaks Top Viewed YouTube Channel in August According to...


Emmy Wrap-Up 2016: Jeffrey Tambor (‘Transparent’)...


Twitter Scores 2.1 Million Viewers for Thursday Night Footall Kickoff


Vloggers Not Unique Snowflakes: 90 Million Flag YouTube Videos...

Mode Media

‘Billion Dollar Startup’ Mode Media Shuts Down


Who Is Winning The Marketing Revolution And Why?


Netflix Orders ‘She’s Gotta Have It’ Series...


What Is ‘Swedish Dicks’ and Who Is Selling It?


How GMC is Using the AOL Series ‘Seamlessly She’...


Liberty Global to Put Netflix on Set-Top Boxes in 30 Countries


Getting to the Spine of VR’s Monetization Challenges with...


Meredith Hosted Its Own “Front” Stacked with 20 New Series


Verizon and Hearst Move and Seriously.TV Under...


Twitter Launches Live Streaming Apps for Amazon Fire, Apple TV...

YouTube Community

YouTube Fights Back Against Social Media Rivals with Community Feature

Casual Hulu

Vimeo Opening Television Store with Lionsgate Content, Launching...

A Perfect Day in LA Tastemade Jaunt VR Virtual Reality

From Donuts to Malibu, Tastemade and Jaunt Get Immersive in...

Defy Media

Defy Media Close $70 Million Series B Funding Round

YouTube Space LA Halloween Set 2016

YouTube Spaces Team with Jason Blum (‘The Purge’)...

Yahoo Esports

‘Yahoo Esports Live’ Serves Up Reeses Puffs with...


Univision and Lionsgate Team for SVOD Movie Service for U.S. Hispanics

People Entertainment Weekly PEN

People/Entertainment Weekly Ad-Supported OTT Service Preps for Launch

George_Kliavkoff Jaunt VR

Jaunt VR Hires Hearst Exec George Kliavkoff as CEO

Making a Murderer Netflix

‘Making a Murderer’ Scores for Netflix at Creative...

Future Man Hulu Josh Hutcherson

Hulu Orders ‘Future Man’ Series Starring Josh...

Heirloom Paten Hughes Tom Wopat Vimeo

How an Actress’ Real-Life Tomato Farm Inspired the New...

Robert Redford and Jane Fonda Electric Horseman

Netflix Rolls Camera on Robert Redford & Jane Fonda...