This article from SeekingAplha.com hits on the high points of how Activision/Blizzard is betting on the income they can achieve through eSports.
- Activision Blizzard could be the best-positioned entertainment company to generate enormous returns for their shareholders consistently over the foreseeable future.
- Robert Kraft and Jeff Wilpon own Overwatch teams, which shows that the owners of the New England Patriots and the New York Mets are betting on the success of Esports.
- On December 3rd, 2014, ESPN reported 27 million people watched the League of Legends finals broadcasted from Seoul, which aired in the US on ESPN3.
- Colleges are offering scholarships for Esports athletes!
Activision Blizzard (ATVI) could be the best-positioned entertainment company to generate enormous returns for their shareholders consistently over the foreseeable future. They have the potential to reshape entertainment the same way Amazon (AMZN) reshaped the shopping experience. The growing popularity of video games and Esports, in my opinion, will only continue, creating a generation of individuals where video games and video game content is their entertainment escape of choice.
