Each week, ESI Digest breaks down the weekly happenings in the esports industry, making sense of things so you don’t have to. As well as being housed on YouTube, ESI Digest is available on all major podcast platforms and is also available in written form below.
On this week’s ESI Digest, we cover OverActive Media trading on the TSX Venture Exchange, Carleton Curtis‘ departure from Guild Esports, Evil Geniuses launching Factor.gg, MPL Brazil’s invited teams, plus GameSquare Esports’s Cut+Sew and Zoned acquisition.
This edition of the ESI Digest is in partnership with Omnicoach.
OverActive Media Corp, the parent company of MAD Lions, Toronto Ultra, and Toronto Defiant, has announced it will begin trading on the TSX Venture Exchange (TSXV).
On July 9th, OverActive Media completed a qualifying translation with capital pool company Abigail Capital Corporation. This saw a reverse takeover of Abigail occur by the shareholders of OverActive. Abigail has changed its name to OverActive Media Corp and will trade on the TSXV under the ticker ‘OAM’.
UK-based esports organisation Guild Esports has announced that Carleton Curtis has made the personal decision to step down as Executive Chairman.
According to the announcement, Curtis will also leave the company following discussions between himself and Guild’s Board of Directors. As of this writing, Guild Esports has not chosen a direct replacement for the role. However, the organisation has appointed Non-executive Director and esports investor Derek Lew as its Non-executive Chairman.
North American esports organisation Evil Geniuses has announced the launch of a new esports analytics platform called Factor.gg.
The goal of the free-to-use platform is to build upon other data solutions on the market, adding proprietary statistics and features to break down each microelement of professional play. Specifically, Factor provides users with a deep analysis of professional League of Legends leagues.
Mobile Legends: Bang Bang (MLBB) has announced the six invited teams which will be competing in the inaugural MPL Brazil season.
The invited teams are RED Canids, Vivo Keyd, Santos e-Sports, Black Dragons, Imperial Esports, and DreamMax. All six teams will compete against each other — alongside two open qualifier teams — when the season officially commences on August 14th.
International esports company GameSquare Esports has announced the acquisition of privately-held marketing agency Cut+Sew and Zoned.
According to the release, the purchase will total $7.85m (~£5.66m), with GameSquare paying in cash and shares.
ESI Digest, in partnership with Omnicoach, is part of the ESI Podcast Network, a collection of podcasts encompassing the esports industry. For deep dives into the major areas of esports with subject matter experts, check out ESI Focus. For conversations with key personnel and major stakeholders in esports, ESI Insight is the series for you.