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Enthusiast Gaming Holdings Inc. plans to develop a subscription-based social network for gamers, codenamed Project GG. To facilitate the development of Project GG, Enthusiast Gaming has entered into a definitive agreement to acquire Tabwire LLC, which owns TabStats, for $11-million (U.S.) in cash and stock. The acquisition will provide Enthusiast with a technology and data platform which provides gamers the ability to directly view their game data in real-time. "The announcement of a unifying pan-Enthusiast social network with a premium subscription opportunity for gamers is a defining moment for us as our core Gen Z and Millennial audiences have been moving away from traditional social networks and turning to gaming as an alternative," commented Adrian Montgomery, chief executive officer of Enthusiast Gaming.
Wondr Gaming Corp. (CSE: WDR) (the "Company" or "Wondr Gaming") is pleased to introduce in connection with the recently announced listing on the Canadian Securities Exchange, Stephen R. Brooks as Chief Financial Officer and Corporate Secretary of the Company. Mr. Brooks is a seasoned finance professional with over 25 years experience across a range of industries including the telecommunications, sports, entertainment, media and retail fields. Mr. Brooks was formerly Chief Financial Officer of the Ottawa Senators Hockey Club of the NHL, and Senior Vice President Business Operations of the Toronto Blue Jays (MLB) and Rogers Centre.
Amuka Esports is pleased to announce they will be developing the courses for a new esports business program for Keyano College. With a campus in Fort MacMurray, AB, Keyano College is leading the charge in esports with a Business Administration Diploma in Esports Management, complemented by a full esports training facility and arena. This new two-year program will allow students to learn team and league administration, coaching, marketing, sponsorships, promotions, event and facility management, media, production, and content management skills. The program will be made up of 10 courses and include face-to-face teaching and online modules.
AMPD Ventures Inc. has joined the Dell cloud service provider program, enhancing the company's ability to develop cutting-edge solutions for its high-performance-computing-at-the-edge platform on a global basis. AMPD specializes in providing high-performance computing and cloud solutions for next-generation applications including digital content creation, big data analysis and visualization, artificial intelligence, and high-level academic research. The Dell partnership further bolsters AMPD's roster of technology partnerships with leading companies including NVIDIA, Intel, AMD and Lightbits Labs.
Pioneer Media Holdings Inc., further to its news release of April 16, 2012, has raised $5,000,163.30 on a non-brokered private placement basis, through the sale of 16,667,211 units at 30 cents per unit. Each unit consists of one common share and one-half of one common share purchase warrant (each whole warrant exercisable at $0.50 for 24 months from the date of closing). The Company intends to use the funds raised to acquire additional investments in the eSport, on-line gaming and related sectors (including NFT related investments). All securities issued under the placement are subject to a statutory hold period of four months plus a day following the date of closing.
An Innovative Line of Interactive Wall Decals Featuring AR Technology - Room decor just came to life with Quinco & Cie's launch of Wall Stories, the Canadian company's innovative line of interactive wall decals that use augmented reality (AR) to stir creativity and imaginative play through the Wall Stories App. Wall Stories is the activity that parents have been looking for; an interactive experience that keeps kids engaged, entertained and educated in a way that feels like play. The easy-to-apply wall decals bring characters and stories to life through the use of its mobile app for larger-than-life fun! There are many ways to play, in any room of your choice whether it's the playroom, bedroom, classroom, doctor's office or living room.
The judge overseeing the Epic vs Apple case has received several requests from games publishers and other companies to seal some of the information that is coming to light as part of the ongoing trial. In a court document seen by GamesIndustry.biz, Judge Yvonne Gonzales Rogers responded to sealing requests from Sony, Nintendo, Roblox, PayPal, Spotify, and Samsung, as well as Epic and Apple. On the very first day of the trial, various documents connected to not only Epic and Apple but also the companies they were partnered with became publicly available via an online hosting site that was to be used for evidence and other files as the trial continues.
This week, Apptopia announced that it has raised $20 million in Series C funding. The company said it will use the money to scale up and invest "in ethically sourced data outside of mobile apps." The funding round was led by ABS Capital Partners, along with other investors including Blossom Street Ventures. Along with the investment, the market intelligence firm shared that Mike Avon and Paul Mariani from ABS Capital are joining its board of directors. Co-founded in 2011 by Eli Sapir and Jonathan Kay, Apptopia "provides the most actionable mobile app insights in the industry."
Longtime Epic Games and Blizzard Entertainment developers have united to create Lightforge Games, and they're on a quest to change how RPGs are played. The team is developing a new cross-platform, social video game where players have the power to create worlds and tell stories with unprecedented freedom. "We all love highly social, creative games, and we particularly love games where players drive the narrative," CEO Matt Schembari said. "We are looking to combine elements from Minecraft or Roblox with tabletop RPGs to form a new way to play roleplaying games. Given our backgrounds, making a game that looks to revolutionize RPGs was an obvious choice." Lightforge recently raised $5 million with investments from Galaxy Interactive, NetEase Games, Dreamhaven, Maveron, 1UP Ventures, and angel investors from the gaming and tech industries.
Animoca Brands, the company that is delivering digital property rights to gamers via NFTs, today announced that it has completed a capital raise of US$88,888,888 (approximately A$113,500,000) at a price per share of A$1.10 based on a valuation of US$1 billion (approximately A$1.28 billion). Investors in the round included Kingsway Capital, RIT Capital Partners (formerly Rothschild Investment Trust), HashKey Fintech Investment Fund, AppWorks Fund, LCV Fund, Huobi, Octava, Ellerston Capital, Perennial, Axia Infinity Ventures, SNZ, Liberty City Ventures, Metapurse, and other prominent investors.
One major thing that happened as a result of the pandemic was that many brands dramatically increased their spending on social media ads. This, paired with a captive audience of users who were forced to stay home all day with nothing but the internet to keep them occupied, allowed new social media networks to successfully break into the mainstream for the first time in over a decade, the last one being Instagram in 2010. Last year, TikTok caught a massive break and filled in a gap created by uncertainty and fear about the future. It was easy to zone out on TikTok for a few hours or spend time learning a new dance or trend. We also saw the launch of the invitation-only platform Clubhouse.
DURING THE PANDEMIC, Twitch, the streaming platform owned by Amazon, saw exponential growth as viewers and new streamers flocked to the site. It had already enjoyed a rapid expansion in recent years, despite a slight dip prior to the pandemic. But the growth accelerated when people were forced to stay home last year. Now, however, with vaccine rollouts and creative industries tentatively reopening, those who began streaming during the pandemic is whether they will return to “normal” life again.
HyperX announced Wednesday that it has renewed its sponsorship deal with popular variety streamer Imane “Pokimane” Anis. Financial terms of the deal were not disclosed. Under the terms of the renewed sponsorship, Anis will use HyperX gaming headsets, keyboards, mice, and mouse pads exclusively during her streams and take part in other marketing initiatives. Anis originally signed her sponsorship deal with HyperX in November 2020. At the time, HyperX announced sponsorship deals with 24 other streamers and content creators including Rachell “Valkyrae” Hofsetter, Eric “ESAM” Lew, NHL pro Filip Forsberg, and Dota 2 legend Danil “Dendi” Ishutin, along with stars such as Post Malone and Gorden Hayward.
Spanish esports organisation Vodafone Giants has rebranded in a bid to expand the brand across a number of verticals. The rebrand, which sees the organisation adopt a new logo, was undertaken by illustrator Alex Trochut, who has created campaigns for the likes of Coca-Cola and Nike. This is the third time the organisation has rebranded its logo since it was founded back in 2008. The previous rebrand took place in 2018, coinciding with Giants’ agreement with multinational telecommunications company Vodafone.
Audio brand JBL has extended its deal with 100 Thieves, remaining the organization’s official sound partner. The company will continue to provide its products to all 100 Thieves teams and content creators, now adding its Call of Duty League franchise LA Thieves to its portfolio. JBL will also continue its partnerships with streamers Tyler “TeeP” Polchow and Ali “SypherPK” Hassan. Finally, the company announced a partnership with the 1,000 Dreams Fund to support women in gaming with 30 $1.5K microgrants. 100 Thieves-affiliated streamers Brooke “BrookeAB” Bond and Kyedae Shymko will participate in the JBL Quantum Grant program as virtual mentors for select grant winners.
Vietnamese lifestyle and entertainment company CMG.ASIA has joined forces with North American esports organisation NRG Esports to launch NRG Asia, a management company that will look to represent and develop esports entities in Southeast Asia. The newly formed company also unveiled that it has purchased GAM Esports, the current VCS League of Legends champions, from marketing agency yup.gg. Financial details regarding the acquisition have not been revealed. According to the release, NRG Asia will provide ‘top quality’ training, resources, and infrastructure to help ‘elevate’ GAM Esports.