Creative Transformation Festival now Live

Explore our new sections and topics

14 - 18 June

Moving toward a sustainable future: The innovation and transformation of the food industry

Kees Kruythoff

chairman and chief executive officer

Sir Martin Sorrell

founder & executive chairman

YouTube reportedly set to acquire Twitch in $1bn+ deal

YouTube is set to buy the video game streaming company Twitch for over $1bn, according to reports.

Variety has claimed that YouTube will aim to make the largest acquisition in its history with the purchase of the San Francisco-based company, which allows users to watch and upload gameplay videos through connected Xbox 360 and PlayStation 4 consoles.

So far, neither company have commented on the deal.

Twitch launched in June 2011 and is currently headed up by Emmett Shear, co-founder and CEO.