Are video games recession-proof? Sort of, experts say.
–Washington Post - Technology News
"People who invest in these properties are expecting a very quick return. This isn't just in esports journalism, this is in esports in general," the esports journalist said. "It's why you [saw] so many teams and organizations jumping into the Overwatch League, previously." Activision Blizzard's Overwatch League launched in 2017, selling franchise slots to investors for upward of $20 million but has struggled to deliver returns to team owners like Robert Kraft and Stan Kroenke, owners of the New England Patriots and Los Angeles Rams, respectively.
Washington Post - Technology News
Aug-22-2022, 20:33:16 GMT
- Country:
- North America > United States > California > Los Angeles County > Los Angeles (0.35)
- Industry:
- Leisure & Entertainment
- Games > Computer Games (0.81)
- Sports (1.00)
- Leisure & Entertainment
- Technology:
- Information Technology > Artificial Intelligence > Games (0.40)