News
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News
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.
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Heroes of the Storm's Twitch viewership plummeting
When Activision Blizzard announced that the company would no longer financially support the competitive Heroes of the Storm scene back in December, the community was split. There were those who didn’t particularly care as following the competitive scene wasn’t their cup of tea, others were concerned this would be the end of their beloved title and a wide range of feelings in between existed as well. Two months into a world without the Heroes Global Championship (HGC), a story is unfolding that may be an indication as to what the future could look like for the title on Twitch, the largest streaming platform in the world.
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News
Official Apology from KT Rolster and UmTi Regarding Controversial Phrase Used during His Stream
KT Rolster, along with UmTi, made an official apology for the recent controversy he was involved in. On February 11th, along with a picture of UmTi's handwritten apology, KT Rolster posted an official apology on their Facebook. The controversy sparked when UmTi used the expression, ‘Hyung-nim, hyung-nim, ya' during his stream, which comes from a meme that mocks the deceased former president of South Korea. Following that, UmTi was questioned about whether he was a member of ‘Ilbe', a notoriously toxic Korean online community, which the meme supposedly originated from. According to the apology, KT Rolster conducted a thorough investigation and found no evidence of UmTi being involved with the aforementioned community. They determined that UmTi did not have any negative or mocking intent when he used the expression from a controversial clip.
