-
ESPN Exits Esports Segment: What This Means For Streamers, Stocks
Wednesday, November 11, 2020 - 4:05pm | 479The Esports Observer reports ESPN is shutting down its esports division. What Happened: “We have made the difficult decision to cease operations for our dedicated daily esports editorial and content,” ESPN told The Esports Observer. The announcement follows Walt Disney Co's...
-
IBM Makes Esports Debut With Multi-Year Overwatch Deal
Friday, October 9, 2020 - 2:47am | 332International Business Machines Corporation (NYSE: IBM) announced a multi-year deal with the professional esports league Overwatch late Thursday. The deal will introduce IBM’s cloud computing and artificial intelligence capabilities, including its natural language processing and...
-
'VALORANT' Temporarily Closes Doors As Closed Beta Ends
Thursday, May 28, 2020 - 11:54am | 280"VALORANT's" closed beta has officially ended, and the game has closed up shop until its official launch arrives on June 2. All player progression mechanics such as agent contracts, skins, and ranks will be reset. However, every "VALORANT" point spent during the beta will be...
-
Immortals Gaming Club Partners With Nerd Street Gamers To Launch Online Esports Camps
Friday, May 22, 2020 - 2:30pm | 382Immortals Gaming Club has partnered with Nerd Street Gamers to host multi-day esports camps for kids. The ones attending will have the opportunity to take lessons from professional players in titles like Riot Games' "League of Legends" and Activision Blizzard's (NASDAQ: ATVI...
-
OWL's Philadelphia Fusion Claims Aim Lab As Skills Training Partner
Thursday, May 21, 2020 - 3:21pm | 264The Overwatch League's Philadelphia Fusion has partnered with Aim Lab as the team's new skills training partner. Aim Lab's software "blends cutting-edge performance tracking and analytics with artificial intelligence and machine learning" to help maintain a sharp training...
-
Florida Mayhem Announces University 'Overwatch' Tournament
Thursday, May 21, 2020 - 3:01pm | 178Collegiate esports are gaining steam in Activision Blizzard's (NASDAQ: ATVI) "Overwatch" as OWL's Florida Mayhem announced the Mayhem Collegiate Rumble, presented by Frontier Communications. The university-level tournament will feature eight colleges across Florida to compete...
-
Overwatch Support Kellex Leaves Toronto Defiant And Washington Titans Crumble
Monday, May 4, 2020 - 8:45am | 654In a list that has continued to grow since Jay "Sinatraa" Won announced his retirement from the Overwatch League, more players are expressing their concerns about the state of the league while others are jumping ship. Frustration within the league and practices within specific...
-
Overwatch Streamer Claims More Professional Players Are Leaving OWL
Friday, May 1, 2020 - 1:25pm | 442Overwatch League professional Jay "Sinatraa" Won surprised many when he announced his retirement from the OWL to focus on Riot Games' new FPS title "VALORANT." More "Overwatch" players could be jumping ship as well. Popular streamer "Redshell" claimed...
-
Overwatch Champion Sinatraa Retires From League, Joins Sentinels VALORANT Roster
Wednesday, April 29, 2020 - 2:37pm | 331Jay "Sinatraa" Won, a major face of the Overwatch League in the West, has retired from the OWL to pursue "VALORANT." The 2019 Overwatch World Cup champion has left San Francisco Shock to compete in "VALORANT" with esports organization Sentinels. Rumors first circulated...
-
MKM Positive On Video Gaming Industry, But 'Same-Old' Games Not Good Enough Anymore
Tuesday, June 11, 2019 - 12:03pm | 634The video game industry is rewarding new and different ideas rather than copycats, and those companies that can hit on the next new thing – the next “Fortnite”, for example, but not another “Fortnite” – will be the winners as the next generation gets going, MKM...
-
Goldman Sachs Says Buy The Dip In Activision Blizzard
Tuesday, May 28, 2019 - 11:21am | 388Shares of Activision Blizzard, Inc. (NASDAQ: ATVI) have fallen more than 10 percent in May and investors may want to consider buying the dip, according to Goldman Sachs. The Analyst Goldman Sachs analyst Michael Ng upgraded Activision Blizzard from Neutral to Buy with a 12-month price target...
-
Activison Blizzard Misses Q4 Sales Estimates, Announces Layoffs
Tuesday, February 12, 2019 - 5:05pm | 498Shares of "Call of Duty" maker Activision Blizzard Inc. (NASDAQ: ATVI) ticked higher in after-hours trading despite a soft outlook for coming-year sales as it announced staff reductions. The company's earnings report was mixed, hitting estimates of $1.29 per share for the fourth...
-
Toy Story: Bank Of America Bullish On Funko's 2019 Opportunities
Saturday, December 15, 2018 - 4:48pm | 713A strong 2019 content lineup is shaping up nicely for Funko Inc (NASDAQ: FNKO), according to a bullish Bank of America Merrill Lynch. The Analyst Analyst Rafe Jadrosich reiterated a Buy rating on Funko with a $23 price target. The Thesis A strong content schedule and a return to growth...
-
Activision Blizzard Q3 Takeaways: 'Call Of Duty,' E-Sports And More
Friday, November 9, 2018 - 10:07am | 506On Thursday, Activision Blizzard, Inc. (NASDAQ: ATVI) reported earnings which highlighted the performance of the new “Call of Duty,” as well as advancements in mobile and e-sports. The Analysts UBS analyst Eric J. Sheridan reiterated a Buy rating and lowered the price target from $88...
-
'It's Only Going To Continue To Grow': The Economics Of eSports
Tuesday, March 20, 2018 - 6:32am | 509As the competitive eSports arena continues the shift toward a franchise-based league model, new opportunities to expand the viewer base and generate revenue have arisen. Ownership As the eSports arena grows in popularity and scope, the landscape increasingly resembles that of a professional...