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All Hail Our YouTube Overlords. YouTube to Buy Twitch.tv for $1 Billion
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51 / M / Hawai'i
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Posted 5/18/14 , edited 5/18/14
Over a billion $ for a site that streams game play videos? Seems over priced to me.
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Posted 5/18/14

AniMatsuri wrote:

Over a billion $ for site that streams game play videos? Seems over priced to me.


It seems overpriced because you don't understand what you're talking about.


It has been yet another year of exponential growth for Twitch, the streaming platform dedicated to video games. Launching in June 2011, what started as a spin-off of Justin.tv has quickly become the most popular resource for video game live streams on the Internet, reaching over 45 million viewers every month. In fact, Twitch reaches more viewers during prime time than MTV, TNT and AMC.


http://bgr.com/2014/01/16/twitch-streaming-statistics-2013/

It's all about ad revenue. Google has the best ad network on the planet. With their resources they could swoop in, convert Twitch to adwords / adsense, and easily make back their $1 billion and change over time.
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51 / M / Hawai'i
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Posted 5/18/14

In general, I think Google has been over valued for a long time. Others must think so to since Facebook and other mostly online companies IPOs have fallen flat when they came out since they didn't see big returns from Google.
Posted 5/18/14

DRHILL wrote:

We have Twitch.TV blocked here at work


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Posted 5/18/14

tdmitch25 wrote:

NOOOOO!!! This is actually terrible. Twitch is where a lot of gaming youtubers went after the whole youtube fiasco a few months back. Godammit Google get out of our faces. We like your search engine but we were never ready to go further in our relationship, now you're at our door every day changing youtube and bringing google plus to our door everyday to impress us, but we never wanted a second date!!


this guy ^
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20 / M
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Posted 5/18/14
Don't let Google touch Twitch.
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24 / M / Las Vegas
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Posted 5/18/14

BeyondTheGrave007 wrote:

Don't let Google touch Twitch.


It already has! MUAHAHA

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20 / M / Sweden
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Posted 5/18/14
It's just a rumor.
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