Extron’s Post

How Esports is Shaping the Future of Live Entertainment A report made by Boston Consulting Group (BCG) discusses the growing influence of esports on live entertainment. Esports, defined as organized competitive video gaming, is booming. It's expected to reach a massive global audience of 500 million by 2023. This surge is driven by competitive gaming's rising popularity, streaming platforms like Twitch and YouTube making it easier for people to watch esports, and traditional sports leagues and media companies investing in esports. These trends are reshaping the way we experience entertainment. The report is optimistic about esports' future, highlighting its potential to become a major global form of live entertainment. However, it also recognizes some challenges, like the need for better infrastructure, attracting more advertisers, and improving the quality of broadcasts. In simple terms, it means that esports is on a fast track to becoming a huge part of how we're entertained, but it needs to work on some issues to reach its full potential. #Esports #LiveEntertainment #GamingIndustry #DigitalEntertainment #SportsTech #FutureOfEntertainment

One of the most interesting tidbits in this report is the 14% YoY growth of RPGs and action-adventure games. Can't say it's surprising when you look at how many big-budget Hollywood tentpoles failed to break even at the box office this year. In 2023 only one movie with at least a $200 million budget — Barbie — made a profit. Not coincidentally, it was a pretty daring deviation from convention. Marvel and Disney, on the other hand, are learning the hard way there's only so many times you can tell the same predictable hero's journey before your audience gets sick of it. We still crave good original storytelling, and maybe that's where gaming is filling a void. Look no further than the Netflix series Arcane: League of Legends, which has been getting rave reviews and deepening LoL fans' relationship with their favorite characters from the game. It's also expanding the brand's reach — a recent finding from NRG says that LoL media drives 40 percent of the game's exposure to new fans (https://lnkd.in/epRXgRwS). And now that The Last of Us has proven a successful blueprint, expect more action-adventure games to get brought to life with TV series or movies. You'll find some of the best and most creative storytelling in RPG and action-adventure games. The stories are often well ahead of the times, too. Just look at any of the themes Metal Gear Solid has touched on over the years.

The "2024 Live-Streaming Esports & Social Trends Report" by GameSquare Holdings Inc. and Stream Hatchet offers vital insights into the rapidly evolving world of live-streaming and esports. ICYMI: most of the industry is familiar with the quarterly reports that SH produces. Last week, our teams rolled out the first joint trends report featuring: 📈 The growing popularity of RPGs and action-adventure games (14%+ 𝙔𝙤𝙔?) 🎮 How simulcasting is impacting live-streaming (𝙃𝙞𝙣𝙩: 𝙢𝙖𝙨𝙨𝙞𝙫𝙚𝙡𝙮) 🕹 Esports viewership continues to grow (𝙔𝙚𝙨, 𝙂𝙍𝙊𝙒𝙄𝙉𝙂) 🥊 The significance of creator-driven events and how they drive engagement  🦄 The effectiveness of content creators in promoting unique experiences "𝘚𝘵𝘳𝘦𝘢𝘮 𝘏𝘢𝘵𝘤𝘩𝘦𝘵’𝘴 𝘱𝘰𝘸𝘦𝘳𝘧𝘶𝘭 𝘪𝘯𝘴𝘪𝘨𝘩𝘵𝘴 𝘢𝘳𝘦 𝘢 𝘬𝘦𝘺 𝘤𝘰𝘮𝘱𝘰𝘯𝘦𝘯𝘵 𝘵𝘰 𝘎𝘢𝘮𝘦𝘚𝘲𝘶𝘢𝘳𝘦’𝘴 𝘦𝘯𝘥-𝘵𝘰-𝘦𝘯𝘥 𝘴𝘰𝘭𝘶𝘵𝘪𝘰𝘯𝘴. 𝘛𝘩𝘦 𝘤𝘰𝘮𝘣𝘪𝘯𝘢𝘵𝘪𝘰𝘯 𝘰𝘧 𝘰𝘶𝘳 𝘥𝘢𝘵𝘢 𝘢𝘯𝘥 𝘵𝘦𝘤𝘩𝘯𝘰𝘭𝘰𝘨𝘺 𝘢𝘴𝘴𝘦𝘵𝘴 𝘸𝘪𝘵𝘩 𝘰𝘶𝘳 𝘨𝘢𝘮𝘪𝘯𝘨 𝘢𝘯𝘥 𝘦𝘴𝘱𝘰𝘳𝘵𝘴 𝘵𝘦𝘢𝘮𝘴 𝘥𝘳𝘪𝘷𝘦 𝘢 𝘴𝘪𝘨𝘯𝘪𝘧𝘪𝘤𝘢𝘯𝘵 𝘤𝘰𝘮𝘱𝘦𝘵𝘪𝘵𝘪𝘷𝘦 𝘢𝘥𝘷𝘢𝘯𝘵𝘢𝘨𝘦 𝘢𝘯𝘥 𝘧𝘶𝘦𝘭 𝘎𝘢𝘮𝘦𝘚𝘲𝘶𝘢𝘳𝘦’𝘴 𝘭𝘦𝘢𝘥𝘪𝘯𝘨 𝘮𝘢𝘳𝘬𝘦𝘵𝘪𝘯𝘨 𝘢𝘯𝘥 𝘤𝘳𝘦𝘢𝘵𝘪𝘷𝘦 𝘴𝘦𝘳𝘷𝘪𝘤𝘦𝘴. 𝘈𝘴 𝘢 𝘳𝘦𝘴𝘶𝘭𝘵, 𝘎𝘢𝘮𝘦𝘚𝘲𝘶𝘢𝘳𝘦 𝘪𝘴 𝘢𝘵 𝘵𝘩𝘦 𝘭𝘦𝘢𝘥𝘪𝘯𝘨 𝘦𝘥𝘨𝘦 𝘰𝘧 𝘨𝘢𝘮𝘪𝘯𝘨 𝘵𝘳𝘦𝘯𝘥𝘴 𝘢𝘯𝘥 𝘤𝘶𝘭𝘵𝘶𝘳𝘦, 𝘱𝘳𝘰𝘷𝘪𝘥𝘪𝘯𝘨 𝘢𝘯 𝘶𝘯𝘮𝘢𝘵𝘤𝘩𝘦𝘥 𝘷𝘢𝘭𝘶𝘦 𝘵𝘰 𝘰𝘶𝘳 𝘨𝘭𝘰𝘣𝘢𝘭 𝘣𝘳𝘢𝘯𝘥 𝘱𝘢𝘳𝘵𝘯𝘦𝘳𝘴." - Justin Kenna, GSQ CEO Grab your copy here: https://lnkd.in/d98ViBuD

Esports has catapulted from the fringes to the forefront of the sports industry, creating a digital coliseum where competition is fierce, and the fan base is massive. This meteoric rise is fueled by cutting-edge technology, which enhances not just the gameplay but the entire ecosystem around it, from broadcasting to fan interaction. Vizrt enhances the esports viewing experience with their innovative graphics and live production tools, bringing the virtual action to life with stunning clarity. Twitch, the streaming giant, has been instrumental in elevating esports to global audiences, providing a platform that connects gamers and fans in real-time, making esports an integral part of the digital entertainment landscape. Join the digital sports revolution with #AnyClip. Learn more at https://lnkd.in/g2QsaZ7T #SportsPro #Esports #DigitalEntertainment

Big news for all Esports enthusiasts! GAMERGY and the Miami Heretics are joining forces to host the Call Of Duty League Major II. This partnership marks GAMERGY's first foray into the North American gaming and esports scene, with GAMERGY Miami set to be an exciting addition to the global calendar. It's fantastic to see collaborations like these driving the industry forward, demonstrating the inherent potential and dynamism in Esports. At Winzard, we continue to marvel at these developments, and we're excited for newcomers who are considering a venture into Esports. Strategies like these create multiple opportunities for business growth, fan engagement, and international exposure. Let's anticipate the excitement to be unfurled at CDL Major II and the rippling effects it will have on the breathtaking universe of Esports. #Esports #Gaming #CallOfDuty #MiamiHeretics #GAMERGY

🌟 A Tale of Innovation and Collaboration: Clout Fantasy and Bayes Esports 🎮 In the world of esports, where passion meets competition, there's a remarkable journey that deserves your attention. It's the story of Stu Porter and Jack Porter, who redefined the esports fantasy experience with Clout Fantasy. Founded in 2020, Clout Fantasy experienced three years of relentless innovation and rapid growth. To take their offering to the next level, they realized that they needed a partner who shared their unwavering commitment to excellence. That's when they found their ally in us, Bayes Esports, setting the stage for a successful partnership. In the world of esports fantasy and betting, one thing is undeniable: official data is king. Clout Fantasy recognized this, and their partnership with Bayes Esports has been instrumental in realizing their vision. "Bayes Esports relentless innovation has extended beyond mere data processing, setting a benchmark for tech-driven growth in the industry," says Jack Porter, Co-Founder and Head of Partnerships at Clout Fantasy. This success story is a reminder that with passion and the right partners, we can redefine industries and achieve remarkable results. Check out the full success story - https://lnkd.in/eRNATCgr #Esports #SuccessStory #Innovation #Collaboration

🎮✨Esports Evolution: Leveling Up Entertainment Esports is no longer a niche hobby – it's a game changer in the entertainment industry! At SoftCraft Solutions, we're witnessing the rise of a global phenomenon, blurring the lines between sports and spectator entertainment. Esports is no longer child's play! Massive audiences, passionate communities, and interactive experiences are pushing esports to the forefront of entertainment. #EsportEvolution #GameChanger #EntertainmentRevolution #EsportsInsights #FutureOfGaming#SoftCraftSolutions

Many esports teams are known not only for their participation in major competitions, but also for the streams of their players and content creators. Based on streaming results in 2023, we have compiled a list of the most popular Twitch teams among esports clubs: 1. TSM 2. Team Liquid 3. Sentinels 4. LOUD 5. Cloud9 Esports, Inc. 6. Luminosity Gaming 7. DETONATOR - GamingD CO., Ltd. 8. FOKUS 9. #ZETADivision 10. Team Heretics As streamers join and leave teams, collaborate and develop their content, the viewership associated with their Twitch teams is constantly changing. None of the top 3 overall Twitch teams in 2023 were in the top 3 in 2022, and Team Liquid in 10th place was the only team to maintain the same ranking as in 2022. #streaming #gaming #esports #esportsclub

The DFS/Online Gambling space has invested billions in it's Data infrastructure to minimize data integrity issues. However, for the young (but growing) Esports industry, access to reliable and complete data across titles remains a challenge with limited options available – at least when compared to its traditional sports counterpart. Bayes Esports has helped the Clout Fantasy team navigate this complex and evolving data ecosystem, while ensuring we are implementing best practices along the way to protect our users. So thanks for the shout out Bayes Esports - appreciate you! #esports #data #dfs

Amouranth buying a stake in an esports organisation was not on my 2024 bingo card 💣 She has acquired a ‘significant ownership stake’ in Wildcard Gaming. Kaitlyn Siragusa's ownership portfolio is very diverse to say the least, with owning: ✅ a ranch ✅ a gas station ✅ and now a stake in an esports org My prediction is that more creators and streamers will start their own orgs or buy stakes in existing ones. Just look at Karmine Corp, Moist Esports and Disguised. 🔮 Creator-led is the future. Jimmy Donaldson we're waiting on your long awaited move into esports! #esports #gaming #streaming