Companies in KapVista Ecosystem: esports and entertainment industry
Following the ‘remote revolution’ of 2020, Media and Entertainment industry outlook has been redefined as major networks and studios continue to launch their own direct-to-consumer streaming services. As we’re approaching 2021, it is clear that the growth of video streaming will continue to explode. Deloitte’s most recent Digital Media Trends Survey, more respondents indicated that they have at least one streaming video subscription (69%) than possess a traditional pay-TV subscription (65%).
At the end of 2019, Netflix had over 167 million subscribers. During the first quarter of 2020, its subscriptions skyrocketed with the start of the global coronavirus pandemic in many countries, reaching 193 million by July 2020.
Key Findings of the Survey include:
- Most consumers want ad-supported streaming services,
- Experiences that blend “live” events with at-home viewing will appeal to consumers,
- Amid ongoing growth, video games find a boost during the crisis.
Recently, the global esports market has witnessed a meteoric rise as the adoption of esports has increased in emerging markets of Southern Asia, South East Asia, and Southern America. The global esports market is estimated to be valued at US$ 3 billion in the year 2025, growing at a CAGR of 18% in the period 2020 to 2025. Growth of the market is driven by the popularity of streaming platforms, rising internet penetration, and the increasing appeal of video games and esports.
Our team has welcomed a number of exciting opportunities in this growing and robust space:
Glitch Gaming and Entertainment
Glitch is the latest addition to our Ecosystem, looking to raise $6M to build esports and gaming centres in high street locations to allow producing and broadcasting streaming content. Glitch’s first-mover positioning, scalable business model, and multiple revenue streams make the offer attractive to investors looking to capitalize on an industry predicted to experience exponential growth.
ORDER is Australia’s premier esports brand, invested in the creative community surrounding gaming. Raising US$4.5M.
Opportunity to invest in music producer Spencer Proffer creating documentaries on famous musicians and their songs. Raising $2.5M.
Delivering gaming systems and leading the field with cutting-edge technology innovations and COVID-19 solutions. Raising $6.2M.
If you’d like me to arrange a personal introduction to the founding team members of either one of the companies, or to access their Pitch Decks, let me know.