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News
Fusion Boombox donates to small Starcraft tournament he was raised on
When you think of your favorite esports star, you usually don't think of them competing in a small town tournament for a couple hundred dollars, if that. However, this very scenario is what gave many professional players their start. Professional Overwatch player for the Philadephia Fusion, Isaac “Boombox” Charles, is no different and, recently, he decided to give back. A couple weeks ago, Boombox made a contribution towards a tournament’s prize pool that enabled him to learn the ropes of the esports industry. It wasn’t in Overwatch, though. Boombox, a former professional Starcraft II player, decided to donate funds to the epic.LAN Starcraft II tournament prize pool, which currently stands at £1,750 plus tickets to an upcoming event.
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Newzoo study: Esports will top $1 billion in revenue in 2019
On Tuesday afternoon, Newzoo, a research firm that provides gaming information and analytics released their “2019 Global Esports Market Report” which suggests that, for the first time ever, the esports market will accrue over $1 billion in revenue in a calendar year. According to their study, revenues are expected to reach $1.1 billion, a growth of just under 27% from the year before. Of that $1.1 billion, is it estimated that 82% of that revenue will come from endemic and non-endemic brand investments such as sponsorships, advertising, and media rights. Sponsorship, according to the study, will make up slightly over half of that amount.