And millions are tuning in to watch professional gamers duke it out for big prizes. Traditional sports are struggling with viewership, while esports is witnessing exponential growth.
The timing could not be any better – companies like Engine are positioning themselves for the future.
The Deal Of The Decade
From being the CEO of TiVo to founding CNBC and then bringing Netflix and Amazon to our screens, Tom Rogers rarely gets it wrong when predicting trends in the entertainment space.
And when it comes to his next big bet, he has all of the angles covered.
As he outlined in a recent appearance on CNBC, Rogers believes there are 3 major verticals that people should be watching. Esports, News and Gaming.
In order to get ahead of this trend, Rogers has carefully selected the two companies to merge with his gaming company WinView. The first of those is esports company Torque ( TSXV:GAME, OTCMKTS:MLLLD) and the second is the up and coming news and data platform Frankly Media.
E FOR E-SPORTS
Esports is one of the fastest growing industries in the world and its cultural impact is undeniable.
With 243 million dedicated viewers, esports events are selling out major stadiums around the world and the total market is set to grow to $3 billion by 2022.
In fact, it has already begun to overtake traditional sports when it comes to viewership numbers.
And for companies like Torque Esports (TSXV:GAME, OTCMKTS:MLLLD), the timing couldn’t be better. It is positioning itself as a dominant player in esports, streaming and data as this new media revolution takes hold.
The first of its advantages can be found where Fortnite meets Formula 1, with its World’s Fastest Gamer tournamentset to attract the best esports racers in the world as they battle for a $1 million prize.
The second string to its bow comes in the form of Eden games, its very own game development arm that means it doesn’t only profit from tournaments, tv shows and advertising but from the game itself. This is the company that produced the Formula 1 mobile game and the Gear Club gaming series – two of the biggest racing games on the market.
The final, and arguably most impressive element of this esports giant is its acquisition of Stream Hatchet, a premier name in esport data analytics.
The future is bright for esports, and Tom Rogers is already ahead of the game.
N FOR NEWS
Alongside esports, Rogers is focused on dominating the news space as well. Once again, this is a data play.
The digital advertising space is worth roughly $130 billion, and yet 80 percent of that value is currently being sucked up by Google and Facebook.
Google made $4.7 billion in revenue from news content last year without writing a single word, while all publishers combined only managed $5 billion dollars.
Now Tom Rogers is bringing Frankly into the fold – ensuring his new media giant is covering every inch of the upcoming entertainment revolution.
G FOR GAMING
The final part of Tom Rogers’ mega media merger is his own company, WinView.
Alongside esports and news, Rogers sees gaming as the third pillar of the upcoming media revolution. WinView is the leading platform in the U.S. for skill-based sports prediction mobile games in what it sees as the future of entertainment.
Its unique technology allows viewers to compete with friends in real-time during live televised sports events. The logical extension of this would be to include it in live esports events and live news broadcasts – gamifying entertainments and changing the way we consume content.
From video games, to esports, to live sports and even news, a media revolution is underway. For those, like Tom Rogers, who can see these changes first-hand – the opportunities are endless.
The Media Revolution
While Roger’s new media deal won’t be completed until February, following the companies that are part of this deal gives an insight into what the new company will look like.
Torque Esports (TSXV:GAME, OTCMKTS:MLLLD) is already an exciting new company in the esports industry, and Rogers selection of this disrupter will only increase its publicity.
Frankly Media is incredibly popular among news publishers, breaking the big media cartel that currently starves news networks of their advertising revenue. While it isn’t as large a part of the coming entertainment revolution, it is undoubtedly one way to play Tom Roger’s prediction.
Other companies looking to take advantage of a new entertainment boom:
Celestica Inc. (TSX:CLS) is a manufacturer of electrical devices used in IT, telecommunications, healthcare, defense and aerospace industries. The company has seen strong growth YoY which we expect to continue as the sales expectations are almost 3% better than last years.
While telecommunications stocks have been volatile recently, Celestica’s deals within the gaming industry, including its previous partnership with Microsoft, have helped investors see some upside.
Shaw Communications Inc. (TSX:SJR ) is another major player in the Canadian telecoms sector. It owns a ton of infrastructure throughout Canada and its cloud services and open-source projects look to address some of the biggest issues that its customers might face before the customers even face them.
Despite a couple of dips over the past few years, Shaw has rebounded nicely, proving that it can stay with the times as the industry continues to evolve.
Telus Corporation (TSX:T) is Canada’s second largest internet provider, serving over 8 million Canadians from coast to coast. Though it’s not producing its own content, it is carving out its own path in the industry thanks to its innovative approach to technology and investments across multiple sectors.
From healthcare to the Internet of Things and cloud technology, Telus is taking a stake in some of the world’s most important and fastest growing markets, making it a company worth noting.
GameHost Inc (TSX:GH) is a leading entertainment and hospitality provider based in Alberta, Canada. The company operates four primary properties in the Alberta province, each offering slot machines, table games, top-quality hospitality and more meant to appeal to both casual gamers and dedicated gamers alike.
GameHost is well-known for providing dividends to its investors, a plus for those who have stuck with the company over the years. In fact, its focus on increasing value for shareholders is made abundantly clear in its mission to reduce costs and improve offerings, creating some of the highest profit margins in the business.
The Descartes Systems Group Inc. (TSX: DSG) (commonly referred to as Descartes) is a Canadian multinational technology company specializing in logistics software, supply chain management software, and cloud-based services for logistics businesses. The company is making waves in the tech industry with its futuristic products and visionary leadership.
Recently, Descartes announced that it has successfully deployed its advanced capacity matching solution, Descartes MacroPoint Capacity Matching. The solution provides greater visibility and transparency within their network of carriers and brokers. This move could solidify the company as a key player in transportation logistics which is essential in the world of commerce.
By. Lisa Greenwood
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CBC Radio had been a constant companion for Colm Cobb Howes during quiet, bitter-cold commutes to work as a teacher in Indigenous communities in northern Canada. Little did he know he would one day be working to tell those stories he enjoyed listening to since he was a child.
Cobb Howes is among Western students graduating this fall and will join 328,000 Western alumni from more than 160 countries during virtual Convocation celebrations on Oct 25.
“It’s the reason I came to MMJC, to get into CBC and share the stories of the people I met during my time working in Indigenous communities,” said Cobb Howes.
Although Cobb Howes joined the Faculty of Information and Media Studies at the start of the pandemic in 2020 and missed many of the in-person learning experiences, he was able to participate in a six-week internship that opened the door for him to work at the CBC – first as an intern and eventually as a full-time associate producer.
“I never assumed or thought that I would be able to work at CBC Toronto, right out of school,” he said. “I thought that perhaps I would get a good reference (from the CBC internship) and then it would help me get in somewhere like in a smaller market. And so I feel incredibly lucky to have that opportunity right now.”
Cobb Howes worked with Indigenous youth in the Cree Nation of Eeyou Istchee in Northern Quebec. (Submitted photo)
Before joining Western’s MMJC program, Cobb Howes worked for an educational not-for-profit organization as a teacher for Indigenous students, mostly in the Cree Nation of Eeyou Istchee in Northern Quebec. His work entailed travelling through nine Cree communities as well as the KuujuarapikInuit community on Hudson Bay in Quebec. He also had the opportunity to work in a Maliseet Community in New Brunswick, and in an Anishinabek Community in Northern Ontario.
It was during this two-year stint that Cobb Howes developed an interest in storytelling that led him to pursue a postgraduate program in journalism.
“I did teach high school science and math, but at the same time, we also ran programming that was delivered outside of schools. One of the programs is called the cultural mapping program, that’s done in partnership with the community, where it’s like an internship for youth in the community.
This program offered several workshops for the interns on things like camera operation and storytelling.
“I really enjoyed being able to help facilitate it, being out in the community and talking to people and telling stories,” said Cobb Howes. “It was amazing to see how it empowered these kids as they realized they were doing all of this work. And so that’s partly why I wanted to go into storytelling.”
Writing is not a new-found passion for Cobb Howes, however, who completed his undergraduate degree in English literature at the University of Guelph. When considering his postgraduate program in journalism, Western was the only choice for him.
“I really wanted to choose something I would enjoy and not just do it for the sake of getting a degree. I knew this is where I wanted to be. And that was how I chose Western,” said Cobb Howes, whose brother also attended Western for his undergraduate studies.
Work of storytelling
Working as an associate producer for CBC Toronto gives Cobb Howes the opportunity to talk to different people and share their “amazing stories.”
“We had someone on who was an astrophysicistand he was getting ready to retire,” he recalled. “We were asking him things like, ‘Is the universe going to be swallowed by a black hole? What do we need to be worried about? Or,should we be worried about, you know, asteroid hitting earth?’ And it was incredible that I, as a citizen, get to interact with this person who is a leading academic in their field, and have these kinds of conversations. I find it amazing that I get to do that every day for work.”
Asked if he was given the opportunity to choose one story, any story, that can make an impact on listeners, what would it be – and his answer took him back to his experience working with Indigenous communities.
“There’s a lot of stories that happen in the north, that people don’t know about, and oftentimes, they get segmented into categories… and it gets put in the Indigenous category of the news desk,” he said. “It’s unfortunate that those stories don’t just get told because they’re valid. Sometimes, something will happen in the north, and it doesn’t get told in Toronto, because it didn’t happen in Toronto. But people in Toronto need to know about that.
“If we’re serious about making meaningful change in the way that we tell stories, then we need to start thinking outside of the box, because so often stories like that go under reportedbecausethey don’t fit into the way that we think they should appear in the news.”
Virtual Convocation details:
Virtual fall convocation will be available to stream beginning at 7p.m. EST on Friday, October 22.
There will be three ceremonies, which will be pre-recorded and posted online by navigating through the uwo.cahomepage, allowing graduates and their families and loved ones to choose the ceremony they wish to see when they want to see it.
Each ceremony will include celebratory music by Convocation Brass, with administration and faculty on stage and with remarks by honorary degree recipients.
Receiving honorary degrees are: lawyer and community philanthropist Janet Stewart; writer/visual artist Shani Mootoo; historian Natalie Zemon Davis; and medical researcher Tak Mak.
An orator will read out each graduating student’s name, which will also be featured on individually displayed slides during the ceremony.
Executives with United Parcel Service Inc, Walt Disney Co and other companies met with White House officials on Tuesday to discuss President Joe Biden’s COVID-19 vaccine requirement plan for private-sector workers, amid concerns it could worsen labor shortages and supply chain woes.
The mandate would apply to businesses with 100 or more employees, and would affect about 80 million workers nationwide.
Several industry sources, speaking on condition of anonymity, said the rulemaking process was moving with urgency and they expect the mandate to be formally announced as early as this week. It was not clear how much time employers will have to implement it.
The White House’s Office of Management and Budget (OMB) has been meeting with several influential business lobbying groups, such as the U.S. Chamber of Commerce, the Retail Industry Leaders Association (RILA) and the Business Roundtable as part of its rulemaking process. The meetings were requested by the trade groups and companies and is part of the regular rulemaking process.
Tuesday’s meetings were disclosed in filings with the White House. Disney did not respond to requests for comment. A UPS spokesperson confirmed the meeting and said it is reviewing what a vaccine mandate means for the company and its employees.
Many of the industry groups have raised concerns such as labor shortages and how regulation by the Department of Labor’s Occupational Safety and Health Administration (OSHA) could worsen existing supply-chain problems facing U.S. companies ahead of the holiday shopping season. Other topics, such as testing requirements and who will bear the cost, also were raised.
Evan Armstrong, RILA vice president for workforce, said it will be tough for the retail industry to implement the rule in the middle of the U.S. holiday season and that pushing it to January would help. He said the group raised the topic with the White House during their meeting.
“The implementation period needs to push this out past the holiday season because obviously for retail that is the biggest time for us,” he said. RILA’s members include large U.S. employers such as Walmart Inc and the industry supports over 50 million U.S. jobs.
Biden’s plan has drawn a mixed reaction from industry trade groups and companies.
Several big employers including Procter & Gamble Co and 3M Co, along with airlines such as American Airlines and JetBlue Airways Corp, have imposed vaccination mandates since Biden’s announcement last month. Others such as IBM have said they will require all U.S. employees to be fully vaccinated by Dec. 8, no matter how often they come into the office.
Some other large U.S. employers, such as Walmart, have yet to issue broad requirements.
The vaccine order has spurred pushback from many Republican governors, including Florida’s Ron DeSantis and Greg Abbott of Texas, who issued an executive order banning businesses in his state from requiring vaccinations for employees. Although some, such as American Airlines, have said they plan to proceed with vaccination rules.
The mandate will be implemented under a federal rule-making mechanism known as an emergency temporary standard.
(Reporting by Nandita Bose in Washington; Editing by Jonathan Oatis and Bill Berkrot)
Elections Alberta says it has launched a formal review into activities on its social media accounts after someone who was managing its Twitter profile on election day got into a snarky argument with users over sharing photos of a ballot online.
In a statement Tuesday, acting deputy chief electoral officer Pamela Renwick said the review is being conducted internally by Election Alberta’s compliance and enforcement unit, which is the same unit that investigates complaints as directed by the election commissioner.
“ The review will look at the conduct of our personnel on our social media platforms and the policies and processes that are to be followed for social media engagement and message approval,” she said.
“As the review includes personnel matters, those results will not be made public. Following the review, however, we will determine if there are results that we can share publicly without breaching confidentiality. “
The spat started on Monday when former conservative MLA Derek Fildebrandt posted a photo of his ballot voting in favour of the referendum on removing the principle of equalization from the Constitution.
Users pointed out that posting a photo of a ballot is illegal, referencing a 2019 tweet from the Elections Alberta account that warned posting photos is an offence.
“Who would’ve expected a two-year-old tweet would apply the same to this event?” the Elections Alberta account replied.
In a further exchange, this time with University of Alberta economist Andrew Leach, who accused Elections Alberta of given false information on Twitter, someone behind the account appeared to suggest that it wasn’t Elections Alberta’s responsibility to enforce the rules of a municipal election.
“I’m sure you’re well aware of the federalist state, the three levels of government, and how extra veres (sic) and intra veres (sic) powers are assigned, just as much as an old tweet holds no value versus an up-to-date one. Move on, Andrew,” the account tweeted.
Renwick confirmed that provincial elections, like the one in 2019, and municipal elections like Monday’s, are covered under different pieces of legislation but both make it illegal to publicly post photos of ballots.
In the case of municipal elections, she said, the responsibility of enforcing the rule falls to the local authority.
Elections Alberta, an independent, non-partisan office of the legislative assembly, initially apologized for the tweets, posting on Twitter that “Albertans have the right to expect Elections Alberta to always remain unbiased and respectful in the election process” and said that the staff member in question had been removed from its social media accounts. The staff member was not named.
The tweets in question have since been deleted.
“Elections Alberta is committed to rebuilding the trust of Albertans in the integrity of our office,” Elections Alberta tweeted.
Renwick said Elections Alberta doesn’t have a timeframe for when the review will be completed but that it has already started.
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