Why does a growing platform like Twitch choose to be sold?
The two main concerns for Twitch were as follows:
The huge growth and ascending investors in the tech industry have led to a new era of innovation and creativity.
The struggle to handle copyrights issues is a common one for many businesses. It can be difficult to determine which rights need to be protected, and it can be difficult to find the right way to protect those rights. ..
According to a Wall Street Journal report, Twitch was responsible for appealing 2% of streaming content in the United States. And that too during rush hours. Further, to apprehend the strength of Twitch in traffic battle, it lags behind Netflix and some major platforms only.
Why did google not buy Twitch?
Google made an offer to buy Twitch for $1 billion, but speculation is that YouTube will take advantage of their advanced streaming services. Both companies have had trust issues in the past, so this deal didn’t go through. YouTube-Twitch bond was the main concern for both parties and Google stepped back from their offer because of anti-trust concerns. ..