Google is working on a deal with gaming live-stream service Twitch TV for $1 billion–or so reports floating around the Internet keep telling us. This decision leads Google in a trend towards reaching into numerous social media outlets and solidifies the search giant’s position in Internet video media. Over the past few years, Google has risen up the video space with the acquisition of YouTube in 2006 for $1.65 billion in stock.
The upcoming purchase of Twitch TV by Google has led to a great deal of speculation and fears by streamers who use Twitch as their primary source of video game presentation. Originally launched by the streaming site Justin.TV, Twitch has been the go-to locale for video gamers, over and above YouTube’s own streaming capabilities.
Read more on the subject over at GamesBeat.
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