- Fandom Sports Media (FDM) has signed a letter of intent with Esportz Network to evaluate the potential for a partnership or joint venture
- Esportz Network is one of the largest esports-focused news organisation with more than 90 freelance reporters and global coverage
- Any deal pursuant to the LOI forms part of Fandom Sports Media’s strategy of developing a global presence through content creation
- The LOI comes off the back of a separate announcement last week that revealed Fandom’s application to the Curaçao Gaming Control Board for an esports gaming license
- Fandom Sports Media (FDM) is currently steady at C$0.40 per share
Fandom Sports Media (FDM) has signed a letter of intent with Esportz Network to evaluate the potential for a partnership or joint venture.
Based in California, Esportz Network is one of the largest esports-focused news organisation with more than 90 freelance reporters and a global focus that covers a host of professional esports leagues, teams and athletes.
In addition, through a partnership with Reuters Connect, customers of Reuters News Agency are able to access targeted coverage provided by Esportz Network aimed at providing fans and competitors in-depth analysis on every angle of professional gameplay. This includes regular in-studio audio and video updates, as well as interviews covering game development, tournaments and scores.
David Vinokurov, President and CEO of Fandom Sports Media, said the adage of content is king never grows old.
“Fandom has constructed a global ecosystem for esports fans and the dynamics of Esportz content offering dovetails with our agnostic philosophy of accretive and complementary solutions for esports organisations with critical mass,” he added.
Today’s announcement noted that, given Fandom Sports Media’s hopes to create a global ecosystem for esports fans, global esports-related news coverage is a logical fit.
Mark Thimmig, Chairman and CEO of Esportz Network, welcomed the potential collaboration.
“The opportunity to develop a strategic relationship with Fandom Sports, working closely with David Vinokurov and his team as they introduce industry-leading gaming and betting technology, is exactly the type of collaboration that’s indicative of our two innovative brands as we broaden our reach contributing to the enormous and ongoing growth of global esports,” he said.
The LOI comes off the back of a separate announcement last week, in which Fandom Sports Media revealed that it had filed a submission to the Curaçao Gaming Control Board to apply for an esports gaming license.
The esports gaming license is a pre-requisite for global espartos wagering and 18+ iGaming, and once received will allow for fantasy, pool, fixed odds and exchange style wagering on licensed, regulated and secure esports events through the company’s Fandom Esports App.
Fandom Sports Media (FDM) is currently steady at C$0.40 per share at 11:31am EDT.