Llama19
Registered User
To quote:
"“Evolution Media has spent several years advising and analyzing companies in the esports sector, and we’re particularly excited to partner with a world class management team led by [Vision Esports LP] Stratton [Scalvos], whom we’ve known since his days running Strikeforce and the San Jose Sharks,” said Rick Hess, founder and co-managing partner of Evolution Media, in a statement. “Esports is one of the highest growth sectors within all media and entertainment. We couldn’t be more bullish on the space and Vision’s market position.”
“This is just like pro sports,” says Scalvos.”Why wouldn’t you want to invest broadly across the spectrum so you have participation in the team side, participation in the league and the content? And we said, let’s be in all three parts of the ecosystem.”
The economics speaks for itself. According to Scalvos, leagues are wildly more profitable than teams. “Teams are great but leagues make 27 times the revenue,” he said."
Source: techcrunch.com/2018/02/22/sports-stars-franchises-and-hollywood-agencies-are-betting-38-million-on-an-esports-revolution/
"“Evolution Media has spent several years advising and analyzing companies in the esports sector, and we’re particularly excited to partner with a world class management team led by [Vision Esports LP] Stratton [Scalvos], whom we’ve known since his days running Strikeforce and the San Jose Sharks,” said Rick Hess, founder and co-managing partner of Evolution Media, in a statement. “Esports is one of the highest growth sectors within all media and entertainment. We couldn’t be more bullish on the space and Vision’s market position.”
“This is just like pro sports,” says Scalvos.”Why wouldn’t you want to invest broadly across the spectrum so you have participation in the team side, participation in the league and the content? And we said, let’s be in all three parts of the ecosystem.”
The economics speaks for itself. According to Scalvos, leagues are wildly more profitable than teams. “Teams are great but leagues make 27 times the revenue,” he said."
Source: techcrunch.com/2018/02/22/sports-stars-franchises-and-hollywood-agencies-are-betting-38-million-on-an-esports-revolution/