Business of Esports News - February 14, 2020

All the day's business news from the esports industry - powered by thebusinessofesports.com

There Is No Console War Because Xbox Moved On And Left PlayStation Behind

There Is No Console War Because Xbox Moved On And Left PlayStation Behind

The video game industry has moved beyond who sells the most consoles.

forbes.com
Gillette® and Twitch Announce the Return of the Gillette Gaming Alliance

Gillette® and Twitch Announce the Return of the Gillette Gaming Alliance

Gillette (NYSE: PG), the world’s leading expert in men’s grooming, and Twitch, the leading service and community for multiplayer entertainment, today announced the return of the "Gillette Gaming Alliance," a team of five Twitch streamers from around th...

finance.yahoo.com
Sony paid $229 million for Insomniac Games

Sony paid $229 million for Insomniac Games

The maker of games like Ratchet and Clank and Marvel's Spider-Man is now wholly owned by Sony.

cnet.com
US Navy enters the esports scene with ESL North America and Dreamhack deal

US Navy enters the esports scene with ESL North America and Dreamhack deal

The Navy will operate booths and sponsor BYOC tournaments at Dreamhack events.

pcgamer.com
NBA 2K League signs partnership with Panera Bread  - Daily Esports

NBA 2K League signs partnership with Panera Bread  - Daily Esports

The NBA 2K League has partnered with Panera Bread Company, with the latter as the presenting sponsor for the esports league’s four-round draft. 

dailyesports.gg
XQc leaks Verizon sponsorship deal on stream | Dot Esports

XQc leaks Verizon sponsorship deal on stream | Dot Esports

The streamer might have ruined his contract.

dotesports.com
Why The Rise Of Esports Is Good For Schools, Students And Even Employers

Why The Rise Of Esports Is Good For Schools, Students And Even Employers

It may be a while before a school’s Overwatch team is as well-recognized on campus as the basketball team, but there’s no doubt that the popularity of esports is rising fast.

forbes.com
Gaming’s TV ad spend drops nearly 88% in January

Gaming’s TV ad spend drops nearly 88% in January

After a big holiday season, the gaming industry took it easy on TV advertising in January, with an estimated total spend of a mere $6.3 million, an 87.72% drop from December.

venturebeat.com
YouTube Gaming's Fwiz teases new features to compete with Twitch | Dexerto.com

YouTube Gaming's Fwiz teases new features to compete with Twitch | Dexerto.com

When are OWL tokens coming to YouTube Gaming? And are clips going to be joining them as well?

dexerto.com
Many Chinese developers are worried about Steam's upcoming Chinese-only version

Many Chinese developers are worried about Steam's upcoming Chinese-only version

Until Valve says more, the future of Steam in China is worryingly uncertain.

pcgamer.com
Activision Should Buzz Off to Mobile Gaming and Never Come Back

Activision Should Buzz Off to Mobile Gaming and Never Come Back

Activision has figured out that Call of Duty works better on mobile where microtransactions are more acceptable.

ccn.com
Is YouTube’s $15B in Ad Revenues a Map to Esports Business’ Holy Grail?

Is YouTube’s $15B in Ad Revenues a Map to Esports Business’ Holy Grail?

On Monday, Google’s parent company Alphabet reported its 2019 annual financial results. As part of that report, the company disclosed

esportsobserver.com
Activision Blizzard Reports FY 2019 Revenues Down 13%

Activision Blizzard Reports FY 2019 Revenues Down 13%

Game publisher Activision Blizzard exceeded its outlook for both the fourth quarter and full year 2019, but reported year-over-year declines

esportsobserver.com
Facebook’s Master Plan to Win the Game Streaming War

Facebook’s Master Plan to Win the Game Streaming War

It’s not just about throwing massive contracts at top streaming talent

onezero.medium.com
Gaming Giant Steam Clocks Ridiculous 20 Billion User Hours in 2019

Gaming Giant Steam Clocks Ridiculous 20 Billion User Hours in 2019

Valve has published a 2019 Year In Review recapping the most significant improvements to hit Steam alongside some impressive figures.

ccn.com
Apple’s New TV Show ‘Mythic Quest’ Dares to Get Gaming Culture Right

Apple’s New TV Show ‘Mythic Quest’ Dares to Get Gaming Culture Right

The comedy series’ most surprising feature is that it’s not a caricature of the $152 billion video game market

gen.medium.com
Co-founder of Rockstar Games leaves

Co-founder of Rockstar Games leaves

Dan Houser founded the studio behind Grand Theft Auto with his brother in 1998.

bbc.com
VCs hunt for platform opportunities in ‘hyper-casual’ gaming – TechCrunch

VCs hunt for platform opportunities in ‘hyper-casual’ gaming – TechCrunch

There are billions of gamers on the planet, and even as gaming consoles and devices grow more powerful, there’s a good deal of investor attention being paid to so-called “hyper-casual” games that likely could have shipped on decades-old hardware. Simpl...

techcrunch.com
Elodie Games raises $5 million for crossplay co-op games

Elodie Games raises $5 million for crossplay co-op games

Elodie Games is a new game studio that has raised $5 million in funding to build crossplay co-op games from Andreessen Horowitz and 1UP Ventures.

venturebeat.com
The gender gap in gaming is closing as more kids get smartphones

The gender gap in gaming is closing as more kids get smartphones

Kids are spending more time online for gaming and other purposes, and parents are finally realizing they need to be involved.

qz.com
Nintendo mobile partner DeNA books $450 million writedown as gaming business falters

Nintendo mobile partner DeNA books $450 million writedown as gaming business falters

Nintendo Co Ltd's mobile partner DeNA Co Ltd said on Wednesday it was booking a 49.4 billion yen ($450 million) writedown as its gaming business falters in Japan's saturated mobile market. DeNA booked a 40.2 billion yen loss on goodwill related to U.S...

finance.yahoo.com
Take-Two shares fall after Rockstar Games writer to depart

Take-Two shares fall after Rockstar Games writer to depart

One of the main creative forces behind blockbuster Take-Two Interactive Software Inc. videogame franchises such as "Grand Theft Auto" and "Red...

marketwatch.com
Epic Games Store Can't Keep Steam From Setting New Player Record | Digital Trends

Epic Games Store Can't Keep Steam From Setting New Player Record | Digital Trends

Despite losing certain PC games to Epic Games Store, Steam set a concurrent player record. 18.8 million people were logged into at the same time on February 2.

digitaltrends.com
Nvidia officially launches cloud gaming service GeForce Now for $5 per month – TechCrunch

Nvidia officially launches cloud gaming service GeForce Now for $5 per month – TechCrunch

After a lengthy beta phase, Nvidia is launching its cloud gaming service GeForce Now. Unlike Google’s Stadia, GeForce Now isn’t trying to build a console-like experience with its own lineup of games. Nvidia connects with your Steam, Epic or Battle.net ...

techcrunch.com
ESA launches ‘Game Generation’ campaign to promote gaming’s benefits

ESA launches ‘Game Generation’ campaign to promote gaming’s benefits

The Entertainment Software Association is launching a new promotional campaign called Game Generation, which will underscore the benefits of games.

venturebeat.com
What Does the Future of Gaming Look Like?

What Does the Future of Gaming Look Like?

From virtual reality to artificial intelligence, these technologies are shaping the future of video games.

builtin.com
Esports doesn't have to be high risk

Esports doesn't have to be high risk

Last week I was chatting with a new investor who came into our company and I asked him, “What was …

investorintel.com
KFC Gaming launches Esports Performance Burger campaign

KFC Gaming launches Esports Performance Burger campaign

KFC Gaming has launched a campaign for its Esports Performance Burger, starting with a mockumentary. The documentary was produced by gaming and esports agency Kairos Esports.   RELATED: KFC Gaming & Call of Duty UK announce KFCRoy...

esportsinsider.com
Riot Games: Exclusive country-by-country rights sales don’t suit esports | SportBusiness

Riot Games: Exclusive country-by-country rights sales don’t suit esports | SportBusiness

Sport’s traditional model of the exclusive territory-by-territory sale of media rights is not one that fits esports, according to a leading executive from Riot Games, the esports event organiser and…

sportbusiness.com
GYO Score: 52.6% of high school esports athletes want to major in science

GYO Score: 52.6% of high school esports athletes want to major in science

Parents may worry their kids play video games too much. But 52.6% of high school esports athletes want to pursue a college major in the sciences category.

venturebeat.com
CS:GO’s new team-owned league points to a different future for esports

CS:GO’s new team-owned league points to a different future for esports

Featuring big teams like Cloud9 and Gen.G.

theverge.com
League of Legends: Esports athletes more inclined to pursue STEM fields, including comp...

League of Legends: Esports athletes more inclined to pursue STEM fields, including comp...

Analytics platform finds esports athletes likely to take a different turn from traditional athletes

invenglobal.com
Esports Arena Is Starting A Semi-Pro League In ‘Fortnite’ And ‘Super Smash Bros. Ultimate’

Esports Arena Is Starting A Semi-Pro League In ‘Fortnite’ And ‘Super Smash Bros. Ultimate’

It coincides with an expanded partnership with Walmart, opening 11 more Esports Arena Pro Shops inside of the retailer by April.

forbes.com
Aquilini family doubles down on esports, gaming - Gaming Street

Aquilini family doubles down on esports, gaming - Gaming Street

The Aquilini family, which owns Enthusiast Gaming, believes the esports industry could be the next crown jewel in their sports and entertainment empire.

gamingstreet.com
Deloitte and Esports Insider teaming up on esports market analysis and support

Deloitte and Esports Insider teaming up on esports market analysis and support

Esports Insider, Ltd. (ESI) and Deloitte Corporate Finance LLC (DCF) will team up in 2020 to provide their insights into investments in the esports industry. At ESI New York on 27-28th April 2020, DCF will join

esportsinsider.com
Investing in esports betting: the insider’s opinion

Investing in esports betting: the insider’s opinion

Since the launch of esports betting platform LOOT.BET in 2016, the total volume of bets placed worldwide on esports is estimated to have almost doubled – growth as dramatic as that of esports itself –

esportsinsider.com
Faze Clan is launching a Quibi reality show to sign its next gaming star

Faze Clan is launching a Quibi reality show to sign its next gaming star

Faze Clan is launching a Quibi contest.

theverge.com
The History of Esports Betting | Esportz Network

The History of Esports Betting | Esportz Network

At the Mirage Hotel and Casino in Las Vegas, Nevada, a sportsbook ticket writer talks with a security guard, the last two workers surrounded by black TVs. As I approach, he gets the look in his eye of a worker who has dealt with too many drunk bettors....

esportznetwork.com
Teamfight Tactics: Amazon, GGTech Entertainment, and The NUEL launch pan-European unive...

Teamfight Tactics: Amazon, GGTech Entertainment, and The NUEL launch pan-European unive...

The inaugural season of Amazon University Esports will see players compete in League of Legends and Teamfight Tactics, both developed by Riot Games, with winning teams qualifying for international tournament events.

invenglobal.com