The Mid Lane: Esports News – 12/11/19


Investments, acquisitions, more investments and more acquisitions make up the bulk of industry news this week, along with another sign of respect from sports-adjacent industries (hello Emmys!):

    • G2 Esports receives $10 million investment from billionaire Joseph Tsai. (Jonno Nicholson, Esports Insider)
    • Bitkraft leads funding to continue its string of esports investments. (Rebekah Valentine,
    • Celebrities and venture capitalists are investing millions, as shown by November’s esports investments, mergers, and acquisitions. (Adam Fitch, Esports Insider)
    • Those November investments must be helping the global revenue, which is now reported to reach $1B as audience viewing soars. (James Ayles, Forbes)
    • More acquisitions, New Wave Esports to acquire Even Matchup Gaming. (Eva Martinello, Esports Insider)
    • Danish Team plans for the first IPO. (Dave Royse, Yahoo! Finance)
    • An elite Overwatch player faces the same choice star athletes in traditional sports face: go to college (on scholarship) or go pro? (Alex Andrejev, Washington Post)
    •  The National Academy of Television Arts & Sciences (NATAS) has announced a new category for esports journalism. (Patrick Shanley, The Hollywood Reporter)