Business
Debut in new high growth eSports market
Debut in new high growth eSports market.
About this update from Blackbird Plc
[{"type":"text","content":"\n \nRNS Number : 7450F Forbidden Technologies PLC 22 May 2017 \n\nThe information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (\"MAR\")\n \n 22 May 2017\n \nForbidden Technologies plc\n(\"Forbidden\" or the \"Company\")\n \nForbidden makes debut in new high growth eSports market\n \nForbidden Technologies plc (AIM: FBT) is pleased to announce it has won a contract with Gfinity plc (\"Gfinity\"), a leading electronic gaming promoter (eSports). Gfinity will use Forscene to help grow their fan base through faster and improved use of video in social media and improved use of archived video content. \n \neSports is a sports category that is going through rapid growth. Newzoo, the leading provider of market intelligence covering the eSports market, predicts that in 2017 eSports will generate global revenues of $696 million, up 41 percent from $493 million in 2016, and is expected to have an audience of regular and occasional viewers of 385 million people. Today, a major eSports event may attract 40,000 people watching live and tens of millions watching over the Web. Beyond its own tournaments, Gfinity provides a full turnkey solution for any brand wanting to create their own eSports tournaments and has staged premium eSports events for leading publishers and brands including 'Call of Duty', 'FIFA', 'Counter-Strike: Global Offensive', 'Rocket League', 'Street Fighter V', and 'Forza Racing Championship'.\n \nGfinity plc Chief Gaming ...