live streaming

Bilibili Signs Multi-Year Deal With Activision Blizzard, Secures Exclusive Broadcasting Rights to Overwatch League

Chinese live-streaming platform Bilibili has entered into a multi-year strategic partnership with Overwatch League (OWL) owner Activision Blizzard, which includes the Chinese production and broadcasting rights to the league in China, further development of the commercial interests, as well as support to promote OWL in the region.  Financial terms of the deal were not disclosed. In addition, Bilibili also confirmed that the company was granted exclusive broadcasting distribution rights in China for OWL. It should be noted that Bilibili also has the same rights for Riot Games’ League of Legends

The Vitec Group Acquires Lightstream for $35.9M 

Chicago-headquartered tech company Infiniscene has been acquired by London Stock Exchange-listed content creation hardware and software company The Vitec Group and will be integrated in its California-based division Creative Solutions. Infiniscene does business as Lightstream and builds a cloud-native live video platform, broadcast software, and creator tools with specialization in the video game live streaming industry.  Vitec paid $21.9M USD in consideration for the acquisition upon its completion. Additionally, Vitec agreed to pay up to an additional $14M over the next three years in conjunction with the business transaction. The total costs of acquiring Lightstream, which reported $1.8M in revenues and an EBITDA loss of $2.6M in 2020, will

Ludwig has announced when he’ll end his subathon Twitch stream

Olivia Richman • Apr 11, 21:54Ludwig Ahgren's record-breaking Twitch stream is coming to an end soon.  Ludwig told his followers on Saturday that he would be ending his Subathon on Tuesday, April 13th at 9 PM PST. At that point, Ludwig will reach his 31-day streaming limit. The streamer has been live streaming since March, when he announced that he would add 100 seconds to a countdown clock for each Tier 3 subscription. He ended up becoming the most subscribed Twitch streamer on the platform pretty early on as viewers

Who is Valkyrae? A Look At 100 Thieves’ New Co-Owner

by Jason Parker in Entertainment | Apr, 9th 2021 Who is Valkyrae? Known by Rachell Hoffstetter to some, Valkyrae is practically a household name, when you think of live streaming. The most-watched female streamer, winner of a Game Award, she’s come a long way from working regular jobs to becoming a Co-Owner of major esports org 100 Thieves. Though she got her start on Twitch, she’s signed with Youtube and has a major following there. She didn’t explode overnight, and it took a while to get where she is, but

Twitch’s Hot Tub Stream Controversy Explained

by Cole Travis in General | Apr, 6th 2021 Debate arose in the Twitch community recently over the grey areas in the site’s ToS. An influx of female streamers are using the “Just Chatting” tag to stream themselves from a hot tub. One tweet from a user brought both defenders and opposers of the streams online to discuss whether hot tub streams belong on Twitch.  The Controversy Begins The discussion began with a single question asked by Twitch streamer MsBananas. She posted on Twitter asking about the influx of suggestive content under

March Investment Recap: More Than $200M of Fresh Capital Gets Injected into the Esports Ecosystem 

During the month of March 2021, The Esports Observer tracked 23 investments raised by esports-relevant companies. Disclosed investments amounted to $233M USD, bringing the total sum of disclosed investments in 2021 to $1.9B.  In addition to several significant investments, including Overwolf’s $50M+ and Envy Gaming’s 40M Series C financing rounds, several private placement deals by Toronto Stock Exchange Venture Exchange listed esports companies, and multiple seed round investments, a couple of major deals in the works came to light during the month. Super League Gaming is in the process of acquiring live streaming technology platform Mobcrush at a transaction value likely to exceed $60M and Microsoft is in talks to acquire gaming

DouYu Wins Lawsuit Against Royal Never Give-Up Parent Leyou Network 

Chinese live streaming company DouYu has won a lawsuit against Leyou Network Technology, the parent company of Chinese esports organization Royal Never Give-Up (RNG) and has been awarded ¥30M RMB ($4.5M USD) by a Chinese court, according to a report in 21 Finance.  The lawsuit filed in the Wuhan Intermediate People’s Court in September of 2019 revolved around a breach of contract dispute between the two companies related to streaming and content creation. Leyou and DouYu signed a one-year exclusive streaming deal for esports organization RNG in September of 2018