Esports Industry Hopes ‘Free-to-Play’ Shift Provides Needed Lift
The video game industry is in the midst of a significant business model shift. Publishers have started to pivot from the unit-sales model they have relied on for the…
esports
Esports Insiders Generally Optimistic About Microsoft-Activision Deal
Back in mid-January, Microsoft (NASDAQ: MSFT) announced it would be buying Activision Blizzard (NASDAQ: ATVI) in a $68.7 billion all-cash transaction (pending an FTC…
Michigan Stands Pat on Embattled Bobby Kotick’s $4M Esports Gift
The University of Michigan has no plans to return a $4 million donation from Activision Blizzard CEO Bobby Kotick in the wake of allegations that he hid reports of…
Pop-A-Shot 3.0? Startup Readies At-Home Basketball Game for Esports Era
Frank Sinopoli believes pop-a-shot games are worthy of a refresh befitting the Peloton era. Last year, the entrepreneur began developing HomeBallerz, adding social…
FaZe Clan SPAC Deal Makes It the First Esports Franchise Unicorn
It was recently reported that FaZe Clan Inc. will go public through a merger with B. Riley Principal 150 Merger Corp. (NASDAQ: BRPM), a SPAC sponsored by the investment…
Esports Company FaZe Clan Valued at $1 Billion After SPAC Merger
FaZe Clan says it’s about to become a unicorn. The esports and gaming media company announced plans Monday to combine with a special purpose acquisition company (SPAC)…
NBA 2K, Grand Theft Auto Beat Back Appeal of Infringement Suit
The U.S. Court of Appeals for the Federal Circuit has affirmed that multiplayer modes in NBA 2K and Grand Theft Auto do not infringe a technology company’s patents for…
Meg Whitman-Backed Immortals Gaming Restructures Business
Immortals Gaming Club, the professional video game organization backed by Meg Whitman and AEG, is restructuring its business as it seeks a more efficient and fiscally…
BetMGM Raises U.S. Target as Entain Buys Esports Platform Unikrn
BetMGM has raised its goals for the North American sports betting and iGaming market. The joint venture between MGM Resorts and Entain is now targeting a long-term…
Golden Age of Sports M&A to Take Place Over Next 24 Months
The first half of 2021 was particularly active for sports-related mergers and acquisitions. There were at least 10 deals announced within the sports betting and data…
Cowboys Owner Jerry Jones Sells Esports Franchise for $26.7 Million
Complexity, the gaming franchise backed by Dallas Cowboys owner Jerry Jones, has been acquired for $26.7 million by Toronto-based GameSquare Esports. The deal is an…
Vindex’s Belong Gaming Begins Building Esports Facilities in U.S.
After the COVID-19 pandemic caused esports competitors to play individually from home, Belong Gaming Arenas is looking to bring people together again, in a physical…
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