Business of Esports News - January 24, 2020

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

EA’s Tetris mobile games will disappear from iOS and Android in April

EA’s Tetris mobile games will disappear from iOS and Android in April

In fairness, one is around nine years old.

theverge.com
Storm8’s journey from a Facebook gaming startup to a $300 million acquisition

Storm8’s journey from a Facebook gaming startup to a $300 million acquisition

Stillfront, a Nordic game company, announced it would buy Storm8 for $300 million this week. We talked with Storm8's Perry Tam and Terence Fung.

venturebeat.com
Joe Biden Calls Gaming Developers "Creeps" | COGconnected

Joe Biden Calls Gaming Developers "Creeps" | COGconnected

According to Joe Biden during a recent interview, some Silicon Valley gaming developers are creeps who develop games that teach people how to kill.

cogconnected.com
Video Games Generated $35.4 Billion in Revenue for 2019 in The U.S.

Video Games Generated $35.4 Billion in Revenue for 2019 in The U.S.

The ESA and NPD group releases a PR statement regarding video game sales, with content in the U.S. generating $35.4 billion in revenue in 2019.

screenrant.com
Google is giving free $130 Stadia gaming kits to new Verizon Fios subscribers

Google is giving free $130 Stadia gaming kits to new Verizon Fios subscribers

You’ll also get a Stadia controller and Chromecast Ultra

theverge.com
Gamer Elon Musk is Actually Teasing The Witcher Tesla Port

Gamer Elon Musk is Actually Teasing The Witcher Tesla Port

Elon Musk tests the waters for a potential Tesla dashbord port of CD Projekt Red's acclaimed action-RPG The Witcher 3 with Twitter poll.

ccn.com
Disney sells mobile game studio FoxNext Games to Scopely – TechCrunch

Disney sells mobile game studio FoxNext Games to Scopely – TechCrunch

Disney announced today it has sold the game studio FoxNext Games Los Angeles, the makers of “MARVEL Strike Force” and other titles, as well as Cold Iron Studios in San Jose, to the interactive entertainment and mobile game company Scopely. The studios ...

techcrunch.com
Tencent to grow gaming empire with $148M acquisition of Conan publisher Funcom in Norwa...

Tencent to grow gaming empire with $148M acquisition of Conan publisher Funcom in Norwa...

Tencent, one of the world’s biggest video and online gaming companies by revenue, today made another move to help cement that position. The Chinese firm has made an offer to fully acquire Funcom, the games developer behind Conan Exiles (and others in t...

techcrunch.com
Tencent, Black Shark to partner on gaming phones: Report

Tencent, Black Shark to partner on gaming phones: Report

Earlier smartphone makers like Asus partnered with Tencent Games.The phone is expected to feature a 120Hz display

livemint.com
Call of Duty League 2020 Partners Revealed

Call of Duty League 2020 Partners Revealed

Call of Duty League is rolling out its partner list for 2020, with returning sponsors including Mountain Dew Amp Game

esportsobserver.com
Brazilian League of Legends Championship adds Mastercard Sponsorship, Plans Move to Fra...

Brazilian League of Legends Championship adds Mastercard Sponsorship, Plans Move to Fra...

Mastercard has expanded its global League of Legends sponsorship strategy to Brazil’s top pro league, CBLoL. Similar to its deals

esportsobserver.com
How "grinding" came to dominate video game culture

How "grinding" came to dominate video game culture

"Grinding" has become a badge of honor for gamers, despite the tedium. Like a second job, gamers spend hours and hours repeating the same quest, defeating the same foes, traversing the same digital landscape.

inverse.com
The Call of Duty League's biggest problem might be the game

The Call of Duty League's biggest problem might be the game

The Call of Duty League's biggest obstacle this year might be getting fans to appreciate Modern Warfare, a game that isn't at all suited for competitive play.

espn.com
Top 1,000 Twitch channels account for more than half of platform's hours watched | Dot ...

Top 1,000 Twitch channels account for more than half of platform's hours watched | Dot ...

The top channels stream a lot more, too.

dotesports.com
Quantum Tech: esports investing hit $1 billion in 2019, revenues could be $4 billion in...

Quantum Tech: esports investing hit $1 billion in 2019, revenues could be $4 billion in...

Quantum Tech Advisors says that esports could grow to a $4 billion business by 2022. That's more optimistic than other market researchers.

venturebeat.com
100 Thieves opens esports training compound in L.A. to lure top players

100 Thieves opens esports training compound in L.A. to lure top players

100 Thieves is the latest esports company to launch a new headquarters and training facility for esports teams in Los Angeles.

venturebeat.com
Ex-Windigo player says WESG hasn't paid their $500,000 prize money yet | Dot Esports

Ex-Windigo player says WESG hasn't paid their $500,000 prize money yet | Dot Esports

Teams like OpTic Gaming and Fnatic received their prize pool share, though.

dotesports.com
Team Flamengo Management taken over by Simplicity Esports

Team Flamengo Management taken over by Simplicity Esports

Simplicity Esports and Gaming Company has announced today that it has entered into an agreement with the Clube of Regatas do Flamengo to take over Flamengo Esports Management, an existing name in the sportive industry, the maker of esports gaming centr...

esportsjunkie.com
Twitch and this cable network launching esports talk show

Twitch and this cable network launching esports talk show

The show will air on Fridays at 11 p.m.

foxbusiness.com
Soccer Star Antoine Griezmann Launches Grizi eSports Team

Soccer Star Antoine Griezmann Launches Grizi eSports Team

French international soccer player Antoine Griezmann is the latest high-profile sportsman to venture into the world of eSports.

ccn.com
Mobile Hailed As Most Popular Gaming Platform Globally By New Report

Mobile Hailed As Most Popular Gaming Platform Globally By New Report

A new report from App Annie suggests that the most popular gaming platform around the world is mobile. More than PC, more than PlayStation, more than

androidheadlines.com
Esports Arena at SIUE Bolsters Video Gaming Opportunities for Students

Esports Arena at SIUE Bolsters Video Gaming Opportunities for Students

With intense expressions and fast fingers, Southern Illinois University Edwardsville students were in multiplayer gaming heaven, engaging in both casual and competitive video play in the newly opened Esports Arena, located in Bluff Hall.

siue.edu
Google is giving free $130 Stadia gaming kits to new Verizon Fios subscribers

Google is giving free $130 Stadia gaming kits to new Verizon Fios subscribers

You’ll also get a Stadia controller and Chromecast Ultra

theverge.com
Disney sells mobile game studio FoxNext Games to Scopely – TechCrunch

Disney sells mobile game studio FoxNext Games to Scopely – TechCrunch

Disney announced today it has sold the game studio FoxNext Games Los Angeles, the makers of “MARVEL Strike Force” and other titles, as well as Cold Iron Studios in San Jose, to the interactive entertainment and mobile game company Scopely. The studios ...

techcrunch.com
Callaway announces partnership with Virtual Reality gaming experts AAA Games Studio

Callaway announces partnership with Virtual Reality gaming experts AAA Games Studio

Callaway Golf has today announced the introduction of a partnership with Virtual Reality gaming experts – AAA Games Studios. AAA Games Studios is a Virtual Reality Software Developer who developed and own “Golf 5 WIPP” – a proprietary VR technology tha...

golfwrx.com
Why Video Games Are Delayed So Often

Why Video Games Are Delayed So Often

In the wake of today's news that Cyberpunk 2077 has been delayed to September, you may be wondering: why do so many video games get delayed? The answer is extremely complex....

kotaku.com.au
Can GameStop Hang On Until the Console Upgrade Cycle Reboots? | The Motley Fool

Can GameStop Hang On Until the Console Upgrade Cycle Reboots? | The Motley Fool

Even if it does, the future still looks bleak.

fool.com
Analysts: NVIDIA Next-Generation GPUs Will Cause Gaming Revenue To Jump Double Digits

Analysts: NVIDIA Next-Generation GPUs Will Cause Gaming Revenue To Jump Double Digits

NVIDIA has had a mostly monotonous 2019. The company launched its SUPER series of GPUs but this was a lineup that was mostly deadpanned by most of the gaming industry (compared to launches like Pascal). The highlight of the company's launches were thei...

wccftech.com
Ubisoft Finally Realises How Bad (Most Of) Their Games Are

Ubisoft Finally Realises How Bad (Most Of) Their Games Are

Ubisoft has had it with the poor reception their games are getting, so they're finally shaking up their editorial team a bit.

ccn.com
PC Remains Obviously The Best Gaming Platform

PC Remains Obviously The Best Gaming Platform

I tell you one phrase I hate: PC Master Race. Even so, that annoying posturing belies the fact that Pc is just the best place to paly games.

forbes.com
Epic Games Is Spending Its ‘Fortnite’ Cash Trying To Eliminate Steam’s Biggest Advantage

Epic Games Is Spending Its ‘Fortnite’ Cash Trying To Eliminate Steam’s Biggest Advantage

Steam has a major advantage in the world of PC sales that Epic Games can't match. With enough money, however, it can try to simulate it.

forbes.com
A man took over an airport monitor to play video games until officials told him 'game o...

A man took over an airport monitor to play video games until officials told him 'game o...

Most airport travelers with time on their hands will open a book, browse their phone or take a nap. Others will take things a level further.

cnn.com
Google Stadia 'BT Bundle' Might Finally Sell the Gaming Misfire

Google Stadia 'BT Bundle' Might Finally Sell the Gaming Misfire

Google Stadia hasn't been too successful since it launched, but if the deal with BT works out many more people will own Google Stadia.

ccn.com
Twitch’s loss of top streamers impacts hours watched and streamed in Q4 2019, report sa...

Twitch’s loss of top streamers impacts hours watched and streamed in Q4 2019, report sa...

The loss of several big-name streamers is finally taking its toll on Twitch, according to a new report from StreamLabs and Newzoo out today. In August 2019, top streamer Tyler “Ninja” Blevins, announced his intention to leave Twitch for Microsoft Mixer...

techcrunch.com
Tencent Expands Overseas Again With a Stake in Bayonetta’s Developer | The Motley Fool

Tencent Expands Overseas Again With a Stake in Bayonetta’s Developer | The Motley Fool

The Chinese tech giant takes another step into the world’s third-largest gaming market with its investment in PlatinumGames.

fool.com
Former Amazon senior boards Battlefy as General Manager

Former Amazon senior boards Battlefy as General Manager

Online tournament platform Battlefy has hired former Amazon and Microsoft strategist Yohan Sengamalay as its new General Manager of Business. Along with a focus on growing Battlefy's B2B program, Sengamalay will look to deepen the company’s relation...

esportsinsider.com
100 Thieves Unveil New Headquarters The 'Cash App Compound' - CULTR

100 Thieves Unveil New Headquarters The 'Cash App Compound' - CULTR

100 Thieves have finally taken the wraps off their brand new facility, titled ‘Cash App Compound’. It will house facilities for all four competitive teams, their offices, media studios, streaming studios, communal areas, a physical storefront for their...

cultr.com
Esports foster same values as traditional sports

Esports foster same values as traditional sports

After Northwest College Athletic Director Brian Erickson gave a presentation on a proposed esports program before the board of trustees in December, the public reaction was mixed. The college …

powelltribune.com
Behind the scenes at the OWL: Esports' biggest gamble – part two | Dexerto.com

Behind the scenes at the OWL: Esports' biggest gamble – part two | Dexerto.com

Richard Lewis reveals what's happening at Activision Blizzard behind the scenes, and takes a look at how Overwatch League teams are struggling to make money.

dexerto.com
The Future of Esports Will Be Built Around Champions, Not Teams

The Future of Esports Will Be Built Around Champions, Not Teams

In an interview with Matt Rizzetta, CEO of N6A, the expert on brand communication states the future of esports will build around personalities.

screenrant.com
Epic, PlayVS introduce Fortnite esports circuit for colleges, high schools

Epic, PlayVS introduce Fortnite esports circuit for colleges, high schools

The makers of Fortnite have partnered with PlayVS, which already orchestrates a number of esports events at the high school level, to expand the game's competitive footprint.

washingtonpost.com
MTG share price falls following collapse of HUYA negotiations

MTG share price falls following collapse of HUYA negotiations

Modern Times Group (MTG), the parent company of ESL and DreamHack, has cancelled its term sheet with HUYA. Announced in September last year, the Chinese live streaming platform was to acquire a minority interest in, and form a joint venture

esportsinsider.com
MTG shares dive as China e-sports talks fail

MTG shares dive as China e-sports talks fail

Jan 21 – Shares in Swedish e-sports and gaming firm MTG dived nearly 20% on Tuesday, after it said talks with live streaming platform Huya over a joint venture to break into the Chinese e-sports market had been terminated.

infosurhoy.com
SVG Summit: ESR’s Wendy Wang Explains the Decision Behind a 24/7 Esports Channel

SVG Summit: ESR’s Wendy Wang Explains the Decision Behind a 24/7 Esports Channel

Like other mainstream television outlets, ESR is taking a page out of the traditional sports playbook. As the first official 24/7 esports channel in the ...

sportsvideo.org
Fortnite Is A Launch Pad For The Red Cross' Involvement in Esports -

Fortnite Is A Launch Pad For The Red Cross' Involvement in Esports -

Esports partnerships are becoming more common throughout the industry, as companies look to increase recognition younger gamers on their turf.

frntofficesport.com
Kia returns to League of Legends European Championship 2020 - automobilsport.com

Kia returns to League of Legends European Championship 2020 - automobilsport.com

kia-returns-league-legends-european-championship

automobilsport.com
Four NTT group companies and two others to set up Japanese esports firm | The Japan Times

Four NTT group companies and two others to set up Japanese esports firm | The Japan Times

Six Japanese companies, including four under the wing of Nippon Telegraph and Telephone Corp., will establish an esports joint venture on Jan. 31, the firm

japantimes.co.jp
Collegiate StarLeague enters two-year partnership with DreamHack

Collegiate StarLeague enters two-year partnership with DreamHack

Collegiate esports tournament organiser Collegiate StarLeague has entered a two-year partnership with DreamHack. The deal sees Collegiate StarLeague become the official and preferred collegiate tournament provider for all of DreamHack's North Americ...

esportsinsider.com
As Esports Take Off, High School Leagues Get In The Game

As Esports Take Off, High School Leagues Get In The Game

Esports is a booming business — and schools are taking note. As competitive video gaming has grown from a niche community to a mainstream industry, states are creating high school leagues.

npr.org