YouTube agrees $1 billion purchase of Twitch beating Microsoft to acquire the game streaming service according to a report by Variety. Google owned YouTube, has attempted it’s own streaming service but never really gained traction among gamers. At the end of last year Twitch had around 45 million users which Google/YouTube will be keen to have access to.
It may not all be plain sailing though as it is believed that Google is preparing to be challenged by regulatory bodies, largely because of the dominance of YouTube.
YouTube, Google and Twitch have yet to officially comment on the news.