Live-streaming, esports, and gaming news highlights for the week of July 6, 2020
Ninja chooses YouTube as new streaming home
TL;DR - It’s been about two weeks since Mixer announced it would be shutting down permanently on July 22nd. Many creators on the platform opted not to take Facebook Gaming up on its offer of a new home, including the likes of Ninja and Shroud. Apparently Ninja has made his choice, as he began streaming on YouTube this week, debuting appropriately with a Fortnite stream alongside DrLupo, TimTheTatman, and CouRage. Whether or not he has a deal with YouTube has yet to be disclosed, nor do we know if this will be his permanent home.
Twitch posts open positions aimed at correcting copyright and harassment issues on platform
TL;DR - In light of recent issues regarding music copyrights and harassments on and off its platform, Twitch posted open positions this week for two new executive roles. The new head of trust and safety will be tasked with improving platform safety, revising community guidelines, and finding better ways to detect abuse and enforce rules. The music partnership and licensing manager’s role will be to “negotiate strategic partnership deals with key music industry partners”.
Sony goes big on Epic Games with $250M investment
TL;DR - Sony’s $250M investment into Epic Games makes it a minority shareholder in the company, but it does push Epic’s valuation upwards of $2B. Sony and Epic have close ties because of Epic’s Unreal Engine, used in many of the most popular titles across most platforms, which of course includes Sony’s Playstation. Epic recently unveiled its new Unreal Engine 5 on the PS5, a move that likely foreshadowed this deal.
Caffeine closes $113M funding round
TL;DR - Caffeine successfully closed a $113M Series D funding round this week. The round was led by the Fox Corporation, Cox Enterprises, and Sanabil Investments out of Saudi Arabia. Andreessen Horowitz and Greylock Partners out of Silicon Valley also contributed to the round. This pushes Caffeine’s valuation north of $600M. The live-streaming platform is expected to put the funds to work investing in more “real-time interactive entertainment”.
Full story - https://esportsobserver.com/caffeine-investment/
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