Fox Business: Esports hits Primetime

This past week Gamer World News host Rob Steinberg spoke about the growing popularity of esports. Fox Business is reporting a wave of growth around the world and particularly in the United States.

Stuart Varney started the segment by discussing the Overwatch championships, which drew 20,000 attendees at the Barclay Center in Brooklyn. A reported 300,000 watched online and it was aired by ESPN in primetime.

When asked how big this market is, Steinberg shook his head and stated, “Stuart, we are talking about a multi-billion dollar industry.” He went on to say that the gaming industry is now bigger than the movie industry and music industry combined.

Continue Reading the original story on FoxBusiness.com.

CNBC Sees Esports Market Booming

CNBC is reporting that the global esports industry is on fire and, now, some investors are getting excited about the industry.

The article highlighted Tim Seymour, co-founder and managing partner at Triogem Asset Management, a hedge fund, who was speaking on Fast Money on Monday.

Seymour pointed to the participation of large-scale media companies as proof of a growing industry: The Walt Disney Company broadcast the “Overwatch” games on ESPN.

“The fan base is rabid,” said Seymour, who is also a CNBC contributor. “The excitement is there. And it’s all demographics. It’s not just guys. It’s not just girls. It’s not just young folks. It’s old folks.

Continue Reading the original story on CNBC.com.

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