5 Ways COVID-19 Affected the Esports Industry
It’s over a year since the pandemic struck, and many industries were affected. The esports industry hasn’t been spared either. But unlike most sectors that plummeted because of COVID-19’s impact, the pandemic has catapulted esports revenues, user engagement levels, and market outreach. 5 Ways COVID-19 Hit Esports Accelerating growth comes despite the cancellation of several […]
Esports Industry to Reach $1.1 Billion in 2021 Revenue
According to Newzoo, a leading gaming and esports market analytics firm, global esports industry revenue will hit $1.084 billion in 2021. This is an increase of 14.5%, up from $947.1 million in 2020, with media rights and sponsorships contributing to over 75% of total esports revenue. Newzoo Report In its Global Esports and Live Streaming […]
Samahoma Media Advisors looks to grow gaming initiatives amid COVID-19
In the latest esports industry news, investment advisor Samahoma Media Advisors announced their interest in helping their investor clients to fund esports and other strong media sector companies. As businesses around the world struggle amidst COVID-19, a new investment opportunity arises to aid companies. Through short term funding from the establishment of Insight Media Fund, […]
How has COVID-19 affected esports?
During the COVID-19 pandemic, there’s been plenty of talk about the benefits to esports companies. Look the LCS is on ESPN! Las Vegas has opened up esports competitions for betting! Athletes are playing games on Twitch! While that exposure is good for esports, the reality is this pandemic has been incredibly hard on many esports […]
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