Google Buys Twitch for $1B

Discussion in 'Frontpage news' started by Hilbert Hagedoorn, Jul 25, 2014.

  1. Hilbert Hagedoorn

    Hilbert Hagedoorn Don Vito Corleone Staff Member

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    Google has signed a deal to buy game-livestreaming firm Twitch for $1 billion, confirmed sources. The deal underscores the value of live Internet streaming and the rise of competitive gaming as a...

    Google Buys Twitch for $1B
     
  2. PhazeDelta1

    PhazeDelta1 Moderator Staff Member

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    IMO, Google got it for pennies. Twitch is worth 10 times more, minimum. The add revenue alone will be in the billions.
     
  3. ubercake

    ubercake Active Member

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    Could see that coming months ago. There was some direct competition with youtube, so no more competition there since they are all part of the same company now.
     
  4. mmicrosysm

    mmicrosysm Master Guru

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    Kiss Justin.tv goodbye.
     

  5. EyesLikeSkies

    EyesLikeSkies Master Guru

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    Yea I'm not sure I like this at all. Seems like Google manages to screw everything up that they buy. I mean what's next...Google going to buy Walmart?
     
  6. PhazeDelta1

    PhazeDelta1 Moderator Staff Member

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    Google doesn't have that much money lol
     
  7. fantaskarsef

    fantaskarsef Ancient Guru

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    Yet.
     
  8. PhazeDelta1

    PhazeDelta1 Moderator Staff Member

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    Fair enough :nerd:
     
  9. sounar

    sounar Master Guru

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    ya google is turning into a massive monopoly...buying anything and everything internet related...not good!
     
  10. EyesLikeSkies

    EyesLikeSkies Master Guru

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    Agreed. My Walmart thing was a bit far fetched. But in all reality I can see if the whole Comcast/Time Warner merger goes through, Google picking up Comcast since they already have somewhat of a fiber network down. This would save Google the labor in installing it as well as make a nice little customer base already. They're turning into a bit too much of a huge monopoly...
     

  11. Veeshush

    Veeshush Maha Guru

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    Last edited: Jul 25, 2014
  12. fantaskarsef

    fantaskarsef Ancient Guru

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    We probably are existing in a world of monopolies and such companies already. To me it started with the light bulb cartell back in the 19th century, if you have ever heard of it.
     
  13. k37chup

    k37chup Member Guru

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    **** sake! Here comes google+ bull**** & blocked streams because it got flagged for some bull****! :banana:
     
    Last edited: Jul 26, 2014
  14. Phragmeister

    Phragmeister Maha Guru

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    I just hope they don't interfere with people's choice of music playing on their streams.
     
  15. masterboy

    masterboy Active Member

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    Here comes GEMA for Germany :D
     

  16. Sprig

    Sprig Master Guru

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    Content Creators got to be pissed. Those revenue streams just got reduced. Google is not going to pay you twice.
     
  17. GhostXL

    GhostXL Ancient Guru

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    Well whats left?

    Microsoft.

    Googlesoft?


    Windroid 9.1?

    Cooooooooool. :)
     
  18. rta

    rta Active Member

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    That's one way to grow Google+.
     
    Last edited: Jul 28, 2014
  19. mmicrosysm

    mmicrosysm Master Guru

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    I called it, Twitch Interactive Inc just shut down Justin.tv. I guess Google/Youtube did not want the extra baggage.
     
  20. mmicrosysm

    mmicrosysm Master Guru

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    "Twitch has announced a number of major changes to how it system works, it will now flag videos with copyrighted audio, muting the soundtrack, and anything older then three weeks will now get deleted!"
     

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