Vision Esports, the ownership group which owns esports team Echo Fox, recently announced it has raised USD 38 million in a funding round. The round was led by Evolution Media, an investment firm backed by Creative Artists Agency (CAA) and private equity firm TPG Growth. Other investors, outside of the athletes, include Shamrock Holdings, the private investment firm backed by the Walt Disney family (separate from the company). … [Read more...] about – Parent company of esports team raises USD 38 million in funding
Without a doubt, if there were no titles like League of Legends, Overwatch, CS: Go, and Dota, we wouldn’t be able to talk about eSports today. These titles were the ones to first bring video games into the spotlight and turn them into sports. Of course, some people would say that eSports are not actual sports, but many would argue with them. eSports have become quite popular in the past few years, and given the tournaments that have more and more viewers every year, it’s safe to say that eSports will not stop here. Recently, a video game played by two people was watched by more than 600,000 people at the same time. If not else, this should really make people think of eSports as real sports. … [Read more...] about Overwatch and LoL Still Main eSports Titles, Could Come To Olympics?
Tutoring Courses and eSports Scholarships Not only are eSports being played by professionals, but the new craze also attracts younger players. Many universities are now offering eSports scholarships and some have even started to offer professional gaming as a course of study. In China, there is a college that is dedicated to the training and tutoring of eSports players. The Lanxang Technical School offers courses to assist gamers and during the first year, students will work om the improving of skills for popular games like Overwatch, League of Legends and Counter-Strike. After the first year, students are divided and the best will focus on a professional career while others will learn how to organize, promote or coach eSports events. … [Read more...] about The Popularity Of Esports Around The World
Yesterday, Tencent and Riot Games announced they have formed a new company in China to oversee all esports related operations and businesses for League of Legends in the country. Known as TJ Sports (腾竞体育) and registered on 4 Jan 2019, around 78 mil USD of capital has been announced, reportedly with both company investing in a 50:50 capacity. The management team will be made up of top executives from both companies as well. … [Read more...] about – New company formed to oversee and expand esports business in China
The Battle Royale genre has taken the gaming industry by storm. Playerunknown's Battlegrounds and Fortnite were the defining titles of 2017 and both continue to increase in popularity well into 2018. They've been joined by a few new comers like Darwin Project and Radical Heights, and there's surely dozens more Battle Royale games currently in development. … [Read more...] about The Weekly Raid: Are Battle Royale Games The Future Of Esports?