Tag: Esports

The DeanBeat: The game industry rolls with the punches of the coronavirus

Another week has gone by, and the game industry has rolled with the punches of the coronavirus. It demonstrates how resilient game companies are and how they can adapt to almost anything. But our collective experience shows it’s hard to dodge something as apocalyptic as a pandemic that shuts down many parts of the global […]

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Tribe Gaming raises $1.04 million from celebrity athletes to expand its mobile esports business

Tribe Gaming has raised $1.04 million to expand its mobile esports teams and media business. The Austin, Texas-based company has courted celebrities, and investors in the deal include Gordon Hayward of the NBA’s Boston Celtics, Kristian Segerstrale (CEO of Super Evil Megacorp), Claudio Castagnoli (Cesaro) of the WWE, and angel investor Victor Krahn. Tribe Gaming was […]

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Rally Cry raises $1.2 million to bring competitive multiplayer games to everyone

Rally Cry has raised $1.2 million to bring organized competitive multiplayer gaming programs to players of all ages and skill levels across the nation. The money came from Mike and Amy Morhaime (Blizzard Entertainment cofounder and VP of global esports for Blizzard, respectively), Kevin Lin (cofounder and former COO of Twitch), Marc Merrill (cofounder and […]

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GamesBeat Decides 143 — Is Half-Life: Alyx the future?

On this week’s episode of the GamesBeat Decides podcast, reviews editor Mike Minotti explains his review of Half-Life: Alyx. The new VR Half-Life marks a full return for the series, but it’s not the revolution that some are making it out to be. It’s also a stressful game that is tough to play in these […]

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NASCAR’s iRacing Invitational Was One Of TV’s Most Watched eSports Ever

Denny Hamlin’s win at a digital Miami Homestead Speedway on Sunday drew nearly as many eyeballs on TV as any eSport ever aired. And according to reports, the Pro Invitational that NASCAR put on with iRacing was even more popular than some Formula 1 races in America. NASCAR has, like other sports, embraced some classic […]

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Denny Hamlin Won NASCAR’s iRacing Invitational As The Sport Embraces Virtual Racing Amid Coronavirus

With tracks officially closed and the need to social distance keeping crowds away, NASCAR was yet another sport put on pause by COVID-19 as the world buckles down and does its best to limit the spread of coronavirus. But unlike other sports like basketball or hockey, auto racing has a thriving digital equivalent that mirrors […]

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Kahlief Adams on scraping by in the podcast game — How Games Make Money

On this week’s episode of How Games Make Money, host Jeff Grubb speaks with Spawn On Me founder Kahlief Adams. Spawn On Me is a podcast about people of color working in video games. Adams started the show six years ago, and he has slowly turned it into a small business. For most of those […]

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The DeanBeat: Esports pivots to digital because of the coronavirus

As the coronavirus epidemic accelerated, esports had to change. The first sign was when Blizzard canceled its events in China on January 29, to protect the safety of people who gathered at live events at stadiums in China to cheer on their favorite esports stars. And now, all of the esports events are being canceled […]

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GamesBeat Decides: PlayStation 5 and Xbox Series X specs spectacular

Sony and Microsoft have both revealed the tech specs for their upcoming next-gen consoles. On this week’s episode of the GamesBeat Decides podcast, editors Jeff Grubb and Mike Minotti discuss what is under the hood of the PlayStation 5 and Xbox Series X. Also in the news, Nintendo held an Indie World Showcase and The […]

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Overwatch League Will Move To Online-Only Events Amid The Coronavirus Pandemic

Overwatch League is the latest Esports competition to make changes to its schedule amid the growing COVID-19 pandemic. Blizzard, which runs the hugely popular game and its professional competitive slate, announced that it’s moving all events to online-only competitions. The league announced on Friday that in addition to its homestand events canceled for March and […]

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Call of Duty League shifts to online-only events due to coronavirus

Activision Blizzard announced that the Call of Duty League will shift to an online-only competition, shedding the in-person events because of the coronavirus. The fear of COVID-19 is taking its toll on esports events held in live venues, where there are risks of the virus spreading from person to person. Yesterday, Activision Blizzard’s Overwatch League […]

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Esports is tough: Super League Gaming lost $30.6 million on $1 million in revenue in 2019

Super League Gaming, an esports company that holds events for amateurs, reported that it lost $30.6 million in 2019, on revenues of $1 million. That illustrates the reality of how it isn’t easy to make money in the fledgling esports market, at least for some companies. But Ann Hand, CEO of Super League in Los […]

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E3 2020 cancellation: Game industry reacts to physical vs. digital marketing

The Entertainment Software Association announced today that the coronavirus forced it to cancel the Electronic Entertainment Expo, the big game trade that takes place (well, usually) every June in Los Angeles. More than 65,000 industry professionals and fans go to the event, which is in its 25th year. But the show had a lot of problems […]

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Activision Blizzard names Google executive Daniel Alegre as president and COO

Activision Blizzard has named Google executive Daniel Alegre as president and chief operating officer, effective April 7. He will report to CEO Bobby Kotick and replace Coddy Johnson, a 12-year veteran at the big game publisher. Johnson will serve as special advisor to the CEO. The appointment is significant, as Kotick has been in his […]

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Digital Development Management acquires data firm Digi-Capital

Data is crucial to creating a viable business, but that’s a problem from any company working in video games. That’s because it’s extremely difficult to get reliable, accurate data about this specific market. To address that issue, game-consultation and talent agency Digital Development Management has acquired industry-intelligence firm Digi-Capital. DDM did not provide disclose the […]

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Nintendo dominates gaming industry TV advertising in February

After the usual post-Christmas lull in TV advertising, the gaming industry — with Nintendo in the lead — came back big in February with an estimated outlay of $12 million, nearly twice January’s spend. GamesBeat has partnered with iSpot.tv, the always-on TV ad measurement and attribution platform, to bring you a monthly report on how […]

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Veritas Entertainment raises $10 million and unveils LVL esports venue in Berlin

Veritas Entertainment has raised $10 million in funding for its esports event business, and it is also unveiling LVL, a Berlin-based esports and gaming entertainment venue designed for community and competition. Bitkraft Esports Ventures and additional angel investors made the investment so that the company can build LVL’s infrastructure, scale the team to manage operations, […]

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Esports Players League secures $1 million, 500 Startups leads investment

The Esports Players League announced today that it has finished a seed round worth $1 million. Venture capital firm 500 Startups lead the round. Esports Players League would not disclose how much 500 Startups contributed, but did not that it’s a “significant portion” of the $1 million total. This $1 million in funding will help […]

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Teamfight Tactics gets Galaxies update on its test server

Riot Games’ newest hit is getting another update on its path to release on mobile devices. Teamfight Tactics: Galaxies is launching today, and it introduces a number of new features to the popular auto battler. Players can try out new champions, classes, and mechanics as part of this update, which is available in the public […]

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GameOn Technology scores $10.5 million in financing for sports and gaming chat platform

GameOn Technology has raised $10.5 million in growth capital in the form of a convertible note financing. That means investors are loaning the company money, and the investors will have the option to convert the loan into ownership in the company. Andrew Ogawa of Quest Ventures led the financing, with participation from Mirae Venture Partners […]

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GDC ‘postponed’ as multiple participants pull out over coronavirus fears

Organizers are pulling the plug on the 2020 Games Developer Conference for now. Fears related to the spread of coronavirus have led multiple major companies to pull out of the important industry event. This left GDC with a difficult choice. It could hobble forward without key participants, or it could cancel this year’s gathering. In […]

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Rally unveils Taki video platform that lets creators keep most of fan transactions

Rally, a startup headed by gaming entrepreneur Kevin Chou, is unveiling its Taki platform for creators athletes, and celebrities to interact with their fans. It promises to let creators of videos keep nearly 100% of every fan transaction. The company promises a new era for personalized content, extending well beyond the birthday shoutouts you get […]

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