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esports

ONE, Media City Qatar sign global partnership

At the Qatar Economic Forum, powered by Bloomberg, Group ONE Holdings (ONE) and Media City Qatar signed a Memorandum of Understanding (MoU) to develop a strategic long-term partnership, collaborating in the production and development of a wide range of global content in Qatar across multiple media sectors, including original programming, studio shows, and eSports, that […]

June 22, 2022

eSports startup FanClash raises $40m

Indian eSports startup FanClash, has raised $40 million (€38.1m) Series B funding to fuel its mission to build a global eSports fantasy, data and fan engagement platform. This succeeds a Series A round of $10 million from Sequoia Capital India, Falcon Edge (Alpha Wave Ventures) and Info Edge India in August 2021. Existing investors along […]

June 17, 2022

House of Gaming collaborates with Team Orangutan Elite and A_S Gaming

House of Gaming,  a new-gen tech company aiming to develop esports in India through its three verticals, Indian Gaming League, Hefty Games, & GameGods announced its association with A_S Gaming who has over 17 million subscribers on YouTube & Team Orangutan Elite with their community reach of over 6.6 million, they have signed exclusively with […]

June 13, 2022

MTG reports “solid growth” in Q1

Modern Times Group (MTG) has published financial results for the first quarter of 2022. The company reported Net sales of SEK 1,357 million (€130.3m) equal to pro forma YoY growth of 10 per cent, or 77 per cent reported revenue growth. Operational highlights Q1, continuing operations Strong performance underpinned by continued healthy growth of in-game […]

April 27, 2022

MTG completes sale of ESL Gaming to Savvy

Modern Times Group (MTG) has successfully closed the transaction to divest ESL Gaming to Savvy Gaming Group. ESL Gaming is therefore no longer part of MTG and will be reported as ‘Discontinued operations’ in the group’s financial results for Q1 2022 and will be deconsolidated from Q2. MTG says it will now continue its growth […]

April 21, 2022

Study: Countries with highest-earning eSports gamers

A study by casino experts MapleCasino analysed the total earnings countries have gained from eSports, along with the number of eSports players the country has, to establish which countries have the highest earning professional gamers. The analysis revealed that Jordan has the highest average earnings per eSports gamer, with the country’s 84 athletes earning a […]

April 1, 2022

Report: Consumers winning the streaming wars

This year’s Digital media trends survey from Deloitte reveals that media companies in the US are now feeling more turbulence from the deeper currents shaping consumer behaviour. After 15 years of growth, SVoD services have successfully unbundled video, lowered costs to consumers, and ignited fierce competition among providers. Top SVoD services are consolidating content and […]

March 30, 2022

Survey: Concerns grown over eSports hacking

Verimatrix, a specialist in powering the modern connected world with people-centred security, has released a commissioned survey conducted by Omdia titled Cheating, hacking, piracy and esports: critical steps needed to protect the industry. The Omdia report indicates that eSports revenue is forecast to rise to $3.1 billion (€2.8bn) by 2026 at a compound annual growth […]

March 18, 2022

NBCUniversal, Anzu in-game ad partnership

Media and technology company NBCUniversal is partnering with in-game advertising platforms Anzu.io in a move it says will further enrich its capabilities in growing entertainment areas such as gaming and esports. In addition, NBCUniversal announced it has made a small investment in the adtech start-up that, alongside its partnership with Anzu, will unlock an array […]

February 28, 2022

MTG benefits from acquisitions

Modern Times Group published its fourth quarter 2021 interim financial results with ‘a record operational result.’ MTG’s gaming vertical delivered a strong quarter driven by stellar performance from the newly acquired companies, Ninja Kiwi and PlaySimple, with net sales amounting to SEK 1,272 million (€115m) – and a year-over-year pro forma growth of 13 per […]

February 7, 2022