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Are video games recession-proof? Sort of, experts say.

Washington Post - Technology NewsAug-22-2022, 20:33:16 GMT

"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.

overwatch league, video game recession-proof

Washington Post - Technology News

Country: North America > United States > California > Los Angeles County > Los Angeles (0.35)

Industry:

Leisure & Entertainment > Sports (1.00)
Leisure & Entertainment > Games > Computer Games (0.81)

Technology: Information Technology > Artificial Intelligence > Games (0.40)

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