Technology

Report: YouTube to Buy Videogame Streaming Service Twitch

This image provided by Microsoft/Twitch, shows a screenshot of the Twitch app for Xbox One. AP

By Adam Vaccaro

Less than a minute to read

Variety reports Google’s YouTube division will buy San Francisco-based Twitch for $1 billion. Twitch is the most popular service that allows users to upload and stream a feed of their videogaming, and for other users to watch along.

Yes, people are watching other people game. And yes, the business facilitating it is apparently worth $1 billion.

Variety notes gaming videos are already very popular on YouTube.

YouTube is preparing for the Justice Department to “take a hard look at whether buying Twitch raises anticompetitive issues in the online-video market,’’ Variety reports, which is cute in light of the proposed AT&T-DirecTV merger and ongoing consternation about media monopolization.

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