Google has signed a $1 billion deal to acquire popular streaming platform Twitch.tv, according to sources familiar with the matter. Google’s YouTube division is in charge of the deal, which reflects the popularity of live Internet streaming and, in particular, the rapidly evolving interest in competitive gaming as a spectator sport. San Francisco-based Twitch currently touts more than 50 million monthly users. In addition, more than 1.1 million of its members broadcast videos each month. Continue reading Google to Purchase Live Game Streamer Twitch for $1 Billion

A private university in Chicago is leveraging the growing popularity of eSports to become the first U.S. school to formally recognize electronic gaming as a form of collegiate athletics. Starting this fall, Robert Morris University-Illinois will consider “League of Legends” a competitive varsity sport, and will offer athletic scholarships to star players valued up to 50 percent the cost of tuition and room and board. The university is currently recruiting student gamers for the first year of competition. Continue reading University is First to Recognize Video Gaming as Varsity Sport

Google-owned YouTube is reportedly in active discussions to purchase live video-game streaming service Twitch. While Variety indicates a deal has already been reached for more than $1 billion, The Wall Street Journal more conservatively reports that the two companies are in talks, but in the early stages of a potential deal. Twitch was launched in 2011 by Justin Kan and Emmett Shear, the co-founders of Justin.tv, which was one of the first sites to live-stream user-generated video. Continue reading YouTube in Talks to Acquire Video Game Streaming Site Twitch

Six months after the initial release of its Xbox One, Microsoft plans to offer a new version of the game console for $100 less. Beginning on June 9th, the company will offer a version that does not include the Kinect motion sensor, starting at $399. Microsoft also announced that it will begin offering new features to Xbox One and Xbox 360 owners in June. For example, Hulu and Netflix subscribers will be able to use the apps for free, without the need for an Xbox Live Gold membership. Continue reading Microsoft Will Offer Xbox One Without Kinect for $100 Less

Twitch, the live streaming service and popular community for gamers, recently announced that it reached 45 million unique viewers per month in 2013, up from 20 million the previous year. Twitch also noted in its year-end report that its viewing minutes doubled last year to 12 billion per month. Since its debut in 2011, Twitch has become the go-to streaming platform online for casual and pro gamers, thanks in part to the rising popularity of eSports titles. Continue reading Gaming Community Twitch More Than Doubles Audience Size

Video game playing is becoming a new form of spectator sport as livestreaming popularity continues to soar. More and more, game companies are encouraging players to share clips of their gameplay highlights and stream them live. Jayson Love is the host of “MANvsGAME” — a popular Web show in which he broadcasts his gaming to Twitch — and between advertisers and subscribers, he’s poised to earn $100,000 next year just by playing games. Continue reading Popularity of Video Game Livestreaming Grows, Rivaling TV

Major League Gaming has worked to attract video game enthusiasts over the past decade and is now releasing its own premium eSports network, MLG.TV. MLG has tried different distribution platforms in the past for its events. The company, founded in 2002, has shifted from broadcasting its programs on cable networks to broadcasting online. They have also attempted multiple streaming plans, as well as a partnership with Twitch. Continue reading E-Sports Programmer Major League Gaming Launches Network

During the Gamescom conference in Germany this week, Sony announced that the Twitch videogame broadcasting community will be integrated into its PlayStation 4 game console when it launches this fall. In June, Microsoft announced that the live streaming venture for gamers would be available on its Xbox One, leading many to speculate that Twitch would not end up on the PS4. Twitch allows gamers to live stream, share and chat about their playing experiences. Continue reading Gamescom 2013: Twitch Live Streaming on Xbox One and PS4

Video game players began “speed running,” or playing through a video game as quickly as possible, and posting videos to the Internet for others to enjoy as early as the 1990s. But streaming technology is revolutionizing the speed running community, as Twitch allows viewers to watch players compete live. Just as people enjoy watching sports live rather than on a delay, people find live speed running more compelling. Continue reading Livestreaming Twitch Turns Video Games into Spectator Sport