Edge backs international esports media network BLAST by investing ₤ 1.7 m|Company Leader News
Edge Investments, a growth financier in the UK creative economy, has actually invested ₤ 1.7 m into BLAST, the international esports media network.
BLAST offers media and entertainment experiences throughout intimate broadcast programs, arena events, digital platforms, or by means of multi-platform content.
The network is best understood for the operation, production and broadcasting of BLAST Premier, a series of around the world Counter-Strike tournaments, along with launching competitions in DOTA and Valorant over the course of 2020.
The Company has offices in Copenhagen, Denmark and London, UK.
Edge’s investment follows an already remarkable year of development for the Business as it increased its output by presenting several new tournaments and content series.
The esports market is growing quickly, with overall viewership expected to grow at a 9% substance annual growth rate (CAGR) between 2019 and 2023, up from 454m to 646m respectively 
Niall Santamaria led the financial investment from Edge and has actually been selected as a member of its Board.
David Glick, Founder and CEO of Edge Investments, remarks: “At Edge, we aim to promote talented business owners harnessing creativity and technology to fix issues, enhance lives and advance the world. BLAST’s enthusiastic management group shares Edge’s function and values.
” BLAST has actually concentrated on offering exceptional quality experiences through the best innovation. The growth of esports isn’t stopping any time quickly, and BLAST is well placed to benefit – the talent, and crucially the fans, are looking for a leader to follow.”
Niall Santamaria, Financial Investment Manager at Edge Investments, commented: “We’re thrilled to partner with BLAST as it aims to end up being a true leader in worldwide esports. In this sector, the fans are everything, and Robbie and his group have concentrated on ensuring they have the best teams, top broadcast talent and production innovation, to deliver a really world class content experience for their millions of fans; something plainly acknowledged by the BBC with yesterday’s announcement.
” The whole team at Edge is pleased to be supporting them as they build on their recent successes and move to the next stage of their development.”