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$1 billion but all in cash . Sensible sellers...
Well, the buyer also happens to have plenty cash laying around in offshore locations, waiting to be used for things like this.
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While I do see this being an excellent acquisition for YouTube if true, I do agree. I don't see how YouTube could reconcile it's copyright stance with how Twitch fundamentally works.
IF this is true, I would think a lot of due diligence and legal counsel was discussed before moving forward. Especially with a deal this size. And if that's the case, perhaps YouTube would be adopting Twitch's less restrictive copyright policies. Because otherwise, what else would YouTube get out of Twitch?
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One will argue that 'e-sports' already peaked in 2002.
As time goes on the non-gamer generations die off. The gamers grow richer and their willingness to pay increase. The new generations will probably also game.
Not that I'm saying the market won't grow - on the contrary, I think it will continue to do so. It's a very small market compared to sports generally ($1 billion would barely buy you a top class sports team, let alone a network like ESPN).
It's worth noting that Twitch partially became popular because it wasn't YouTube , and gamers could stream without content restrictions (e.g. copyright and region) Miraculously, this could end up making YouTube comments even worse .
If confirmed, this would definitely be a smart decision. Twitch will be extremely important in ecosystem development as e-sports break in the mainstream worldwide. Lots of engaged eyeballs. Google near monopoly on online video market bugs me though, community at large would benefit from multiple players and more competition.
This is disappointing. YouTube's 'community' is extremely toxic, I can imagine if Twitch is rolled into it, it'll die a long, slow death.
That’s sad. Less competition, worse both for those watching and making content. Makers of (gaming-related) content for YouTube – worried about the future of YouTube – have often already been relying on Twitch to provide them some stability, to stand on more than one leg. This competition also insured that YouTube couldn’t do literally anything. Makers of content had a place to go if things didn’t work out. This is a…
Don't forget Kamcord, the other player in this space (and another YC company). Twitch isn't everything.
This is disappointing. YouTube's 'community' is extremely toxic, I can imagine if Twitch is rolled into it, it'll die a long, slow death.
Twitch community is also pretty toxic. Most of the time the biggest streamers put their chats in sub mode (paying supporters) to avoid it.
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Don't forget Kamcord, the other player in this space (and another YC company). Twitch isn't everything.
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