ARTICLE
13 December 2019

The Mid Lane: Esports News – 12/11/19

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Pillsbury Winthrop Shaw Pittman

Contributor

Pillsbury Winthrop Shaw Pittman
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!)...
United States Media, Telecoms, IT, Entertainment

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!):

  • 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? (Alex Andrejev, Washington Post)
  • The National Academy of Television Arts & Sciences (NATAS) has announced a new category for esports journalism. (Patrick Shanley, The Hollywood Reporter)

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