Internet & Social Media Law Blog
Investments, acquisitions, more investments and more acquisitions make up the bulk of industry news this week, along with another sign of respect from sports-adjacent industries (hello Emmys!):
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- G2 Esports receives $10 million investment from billionaire Joseph Tsai. (Jonno Nicholson, Esports Insider)
- Bitkraft leads funding to continue its string of esports investments. (Rebekah Valentine, gamesindustry.biz)
- Celebrities and venture capitalists are investing millions, as shown by November’s esports investments, mergers, and acquisitions. (Adam Fitch, Esports Insider)
- Those November investments must be helping the global revenue, which is now reported to reach $1B as audience viewing soars. (James Ayles, Forbes)
- More acquisitions, New Wave Esports to acquire Even Matchup Gaming. (Eva Martinello, Esports Insider)
- Danish Team plans for the first IPO. (Dave Royse, Yahoo! Finance)
- An elite Overwatch player faces the same choice star athletes in traditional sports face: go to college (on scholarship) or go pro? (Washington Post)
- The National Academy of Television Arts & Sciences (NATAS) has announced a new category for esports journalism. (Patrick Shanley, The Hollywood Reporter)