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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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1

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

3

Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
TechYouTube

YouTube’s service for watching video gaming is about to launch

By
Kia Kokalitcheva
Kia Kokalitcheva
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By
Kia Kokalitcheva
Kia Kokalitcheva
Down Arrow Button Icon
August 25, 2015, 5:59 PM ET

After allegedly failing to acquire Twitch, a video network for watching video game players play video games, YouTube has built its own and it’s set to go live on Wednesday, the company has confirmed.

YouTube announced in June that it was preparing get into the video game streaming business with its own Twitch competitor. Twitch, which spun-off from a previous video-broadcasting startup in 2007, ultimately sold to Amazon for about a $1 billion last year, making it clear that people not only like to play video games, but they also like to watch others play.

YouTube Gaming will launch at 10 a.m. Pacific on Wednesday, with 25,000 games to start, the company says. The English language version of the site will be available anywhere YouTube is accessible, and the iOS and Google Play apps will be rolling out in the U.S. and U.K. on Wednesday as well. More countries will be added soon.

Though Twitch undeniably put this phenomenon on the map, YouTube’s own users seem to have made a convincing case for the company to give them their own service. YouTube claims that it already has hundreds of millions of gamers, that people watch billions of hours of gaming on its service every month, which has gone up by 75% since last year, and that half of its top 100 channels by watchtime are about for gaming.

For more about YouTube, watch this Fortune video:

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