Category

eSports

Esports company Tempo Storm nets $3.3 million to start making games eSports

Esports company Tempo Storm nets $3.3 million to start making games

Newsbrief: Esports company Tempo Storm has raised $3.3 million in funding to expand into game development. The funding round was led by Galaxy Interactive, and will allow Tempo Storm to develop a digital deck-building card game called The Bazaar and create "audience-driven shows." Founded back in 2014, Tempo Storm is best known…
bubmag
February 24, 2020
Gaming-focused investment firm Bitkraft closes in on at least $140 million for its second fund eSports

Gaming-focused investment firm Bitkraft closes in on at least $140 million for its second fund

Esports, video games and the innovations that enable them now occupy a central space in the cultural and commercial fabric of the tech world. For the investment firm Bitkraft Esports Ventures, the surge in interest means a vast opportunity to invest in the businesses that continue to reshape entertainment and…
bubmag
February 21, 2020
Activision Blizzard’s Deal with YouTube Is Reportedly Worth $160 Million eSports

Activision Blizzard’s Deal with YouTube Is Reportedly Worth $160 Million

The game maker continues to capitalize on the popularity of its top esports franchises. Activision Blizzard's (NASDAQ:ATVI) Overwatch League has been a hot ticket over the last few years on the esports scene. In January, Activision struck a media-rights deal with Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) YouTube to be the exclusive broadcast…
bubmag
February 14, 2020
CEOs are switching between industries 4 times as much due to blurring of skills eSports

CEOs are switching between industries 4 times as much due to blurring of skills

The number of chief executives switching between industries has quadrupled over five years. New data shows a blurring of skills has prompted a 45% increase in executives moving between sectors from 2015 to 2019. Global Executive Search firm SRI claims eight of 20 of the largest global sports leagues have…
bubmag
February 13, 2020