I honestly think the game streaming model is sustainable, but it's also a bit of a fad that will die down in 5-7 years. I also think Sony and Microsoft will beg

I honestly think the game streaming model is sustainable, but it's also a bit of a fad that will die down in 5-7 years. I also think Sony and Microsoft will begin to make their own portals of game streaming that will challenge Twitch. Microsoft just made an acquisition that points to this. That's not to say they want to kill Twitch, just that they see its value. In doing so though, it will squeeze the margin on advertising revenues, couple that with just demographic shifts in the social fad and I believe it will not grow near as fast as people forecast As for valuation, I don't know the numbers, it could be worth billions; but $20 Billion seems like a stretch when CBS is only worth $22 Billion and Viacom $18 Billion at present. I wonder what their actual financials look like, I feel like there is more monetary incentives and opportunities for the content creators than for Twitch itself.