As live sport events screeched to a halt due to COVID-19, television networks scrambled to fill their programming gaps. Enter gaming and esports companies like Activision Blizzard, Newzoo, and Electronic Arts.
Esports is, at its core, competitive video gaming. And while competitive video gaming has been around for some time now, the rise of live-streaming platforms such as Twitch and Youtube helped esports grow into a billion-dollar industry by the late 2010s. In 2018, more people watched Riot Games League of Legends World Championship than that years Super Bowl. The prize for the 2020 Dota 2 international tournament was over $40 million. These trends are projected to continue into 2021 and even post-pandemic life.
Public.com is teaming up with Voices of Wall Street to invite several gaming and esports experts to share their insights on where they see their industry going and answer questions in a live Q&A session.
This session is the first of our theme-based virtual event series. You can explore more themes on the Public Themes page.
*Just a talk. Not investment advice. See Public.com/disclosures/.