How eSports Growth Will Benefit Activision Blizzard (ATVI)
eSports industry set to cross $1 billion in 2019 Gaming research company Newzoo expects the global esports industry to breach the $1 billion revenue mark in 2019. Newzoo expects esports revenue to rise 26.7% YoY (year-over-year) to $1.1 billion in 2019. Over 80.0% of these sales are expected to come from media rights, advertising, and sponsorships. Sponsorship will account for the majority of sales at $456.7 million, while the fastest-growing segment will be media rights. The global esports audience is also estimated to grow 15.0% YoY to 453.8 million. Digital broadcasters such as YouTube (GOOGL) and Twitch (AMZN), as well