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YouTube to buy Twitch

  • YouTube may spend more than $1 billion to buy Twitch, which is a famous site for the video game players. However, media reports suggest that it hasn't become clear as to how close the deal is, but the information will be "announced imminently."

    The Wall Street Journal mentioned that the talks are still at an early stage. 

    Twitch was launched in 2011 and enjoys over 45 million users each month. The company has refused to comment on the potential deal.

    Tagged as: youtube twitch, youtube new deal, youtube news, business news, money news