ESE To Expand Production of Ubisoft’s Tom Clancy’s Rainbow Six® Siege Esports League in Central and Eastern Europe
VANCOUVER, British Columbia, May 05, 2022 (GLOBE NEWSWIRE) — ESE Entertainment Inc. (“ESE” or the “Company”) (TSXV: ESE) (OTCQB: ENTEF) is pleased to announce that its media company, FRENZY sp. z.o.o. ("Frenzy"), will produce the Tom Clancy’s Rainbow Six® Siege league in Europe.
The Tom Clancy’s Rainbow Six® Siege league tournament will be hosted by the Polish division of Ubisoft Entertainment SA (“Ubisoft”) (PA: UBI) and will include teams from Poland, the Czech Republic, Slovakia, and Hungary. The teams will compete for a V4 championship and a spot in the European Challenger League. The prize pool in the competition’s new format has been increased to €22,000. The local open qualifier for the tournament will kick off in early May.
Frenzy’s main responsibilities include production of broadcasts, visual identity, graphic and motion design. To ensure the highest level of production, the broadcast will be realized from a state-of-the-art Polsat Games studio.
The qualifiers for the V4 Masters 2022 will include three tournaments, each of which will provide two qualification spots – two for teams from Poland, two for Hungary, and two for the Czech Republic and Slovakia combined. After the qualification stage, 14 rounds of league stages will be played. The top four teams will advance to the finals.
Marcin Kilar, Managing Director at Frenzy, commented, “We are proud that Ubisoft has once again entrusted us with the organization and execution of its esports tournament, and we are looking forward to continued business and expansion together. We have an exciting period ahead of us as the new tournament format involves a qualification phase which will consist of three two-day tournaments.”
Kamil ?ciana, Brand Manager for Central and Eastern Europe at Ubisoft, commented, “We have been supporting the Central and Eastern European markets for a long time by enabling both the organization of licensed tournaments and allowing viewing of global competitions to be broadcasted in the native language. We are happy that – once again – our partner in the implementation of these ambitious projects, such as the V4 Masters 2022 tournament, is FRENZY. They guarantee a world-class level in the area of production and broadcasting of esports events.”
About Frenzy
Frenzy, a subsidiary of ESE Entertainment Inc., is a media and production infrastructure company based in Poland, which is focused on the video game industry. The company creates and executes esports and gaming events, broadcasts, and media content. Frenzy also operates professional mobile, automated TV equipment, allowing it to produce reality shows from every part of the globe. | www.frenzy.pl/
About ESE
ESE is a Europe based entertainment and technology company focused on gaming and esports. The Company provides a range of services to leading video game developers, publishers, and brands by providing technology, infrastructure, and fan engagement services internationally. ESE also operates its own ecommerce channels, esports teams, and gaming leagues. In addition to the Company’s organic growth opportunities, the Company is considering selective acquisitions that align with its objective of becoming a dominant global player in esports technology and infrastructure. | www.esegaming.com
Ubisoft
Ubisoft is a creator of worlds, committed to enriching players’ lives with original and memorable entertainment experiences. Ubisoft’s global teams create and develop a deep and diverse portfolio of
games, featuring brands such as Assassin’s Creed®, Brawlhalla®, For Honor®, Far Cry®, Tom Clancy’s Ghost Recon®, Just Dance®, Rabbids®, Tom Clancy’s Rainbow Six®, The Crew®, Tom Clancy’s The Division®, and Watch Dogs®. Through Ubisoft Connect, players can enjoy an ecosystem of services to enhance their gaming experience, get rewards and connect with friends across platforms. With Ubisoft+, the subscription service, they can access a growing catalog of more than 100 Ubisoft games and DLC. For the 2020–21 fiscal year, Ubisoft generated net bookings of €2,241 million. | www.ubisoft.com
Forward-Looking Statements
This news release contains certain statements that may constitute forward-looking information under applicable securities laws. All statements, other than those of historical fact, which address activities, events, outcomes, results, developments, performance or achievements that ESE anticipates or expects may or will occur in the future (in whole or in part) should be considered forward-looking information. Such information may involve, but is not limited to, statements with respect to the Tom Clancy’s Rainbow Six® Siege league tournament and Frenzy’s responsibilities as the producer. Often, but not always, forward-looking information can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results "may", "could", "would", "might" or "will" (or other variations of the forgoing) be taken, occur, be achieved, or come to pass. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of ESE to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to ESE, including information obtained from third-party industry analysts and other third-party sources, and are based on management's current expectations or beliefs regarding future growth, results of operations, future capital (including the amount, nature and sources of funding thereof) and expenditures. Any and all forward-looking information contained in this press release is expressly qualified by this cautionary statement. Trading in the securities of ESE should be considered highly speculative.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE ESE Entertainment Inc.
For further information about ESE, please contact:
investors@esegaming.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3e417e8f-5e32-4800-a9bd-3be238418625
Related Quotes
If the S&P 500 were in a bear market, and some say it is, this is when it would end, says Bank of America.
This week has been a tough one for stocks, but it's been especially tough for specialty biotech Clovis Oncology (NASDAQ: CLVS). According to data provided by S&P Global Market Intelligence, as of Thursday night they had fallen almost 27% week to date. Clovis published those results Wednesday morning and while they couldn't be called disastrous, they weren't what shareholders were yearning for.
Fresh off the best percentage gain for the Dow since Nov. 9, 2020, the blue-chip index was routed along with the rest of the stock market.
Yahoo Finance Live's Brian Sozzi discusses first quarter earnings for DraftKings.
Peloton Interactive is considering the sale of a sizable minority stake in the company as it seeks to turn around its performance and reverse a decline in its share price. The connected fitness company is sounding out potential investors, including industry players and private-equity firms, that could buy a stake of around 15% to 20%, The Wall Street Journal reported on Thursday, citing people familiar with the matter. Talks are at an early stage and there is no certainty Peloton (ticker: PTON ) will find a willing buyer or agree to a deal, the report said.
The Federal Reserve has now officially raised its benchmark overnight lending rate, the federal funds rate, by a full half-point, the largest hike in two decades, as the Fed attempts to rein in inflation. In light of the Fed having now executed rate hikes at each of its last two meetings, and expectations that there is more to come, I think it's safe to say that we are in a rising-rate environment. Few know how to play difficult market conditions better than the legendary investor Warren Buffett and his company Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), which both know how to beat the market.
The fuel cell maker reported a company record for revenue; hydrogen investors don't seem to care.
The internet-software services company's share price is now down 72% from the peak it hit last November.
Cathie Wood isn't afraid to go fishing in the rain. You have to respect someone that's still looking to buy falling growth stocks when the market is at its worst. Wood added to her existing stakes in Shopify (NYSE: SHOP), Roku (NASDAQ: ROKU), and Sea Limited (NYSE: SE) on Thursday.
Elon Musk and Twitter Inc were sued on Friday by a Florida pension fund seeking to stop Musk from completing his $44 billion takeover of the social media company before 2025. In a proposed class action filed in Delaware Chancery Court, the Orlando Police Pension Fund said Delaware law forbade a quick merger because Musk had agreements with other big Twitter shareholders, including his financial adviser Morgan Stanley and Twitter founder Jack Dorsey, to support the buyout.
The EV company still faces the threat of a U.S. delisting, but now it has a plan to mitigate that risk for its shareholders.
Shares of Guardant Health (NASDAQ: GH) were trading 23.4% lower as of 11:51 a.m. ET on Friday. The steep decline came after the company announced its first-quarter results following the market close on Thursday. This result was in line with Wall Street estimates.
Yahoo Finance Live’s Akiko Fujita and Brian Cheung discuss Under Armour as its stock hits a 52-week low.
Endo International (NASDAQ: ENDP) stock was cratering on Friday, with shares falling 31.6% as of 11:49 a.m. ET. This result was in line with the consensus estimate. Endo posted adjusted earnings in the first quarter of $155.9 million, or $0.66 per share.
The consensus around The Walt Disney Company (NYSE: DIS) is that nobody wants to own it — and that is understandable. Disney's "Parks and Experiences" segment is a cash cow for the business; it contributed $6.7 billion (or 45%) of Disney's $14.8 billion of operating profits in 2019, the year before COVID-19. Getting the parks back to full speed would be a welcome development and go a long way in bringing Disney's cash flow back to pre-pandemic levels.
CrowdStrike (NASDAQ: CRWD) went public on June 12, 2019. The cloud-based cybersecurity company priced its IPO at $34 a share, and its stock started trading at $63.50. Between fiscal 2019 and fiscal 2022 (which ended in January), CrowdStrike's number of subscription customers jumped from 2,516 to 16,325, which boosted its annual revenue from $250 million to $1.45 billion.
Hint: None of them are tech.
Amazon (NASDAQ: AMZN) shareholders will vote on carrying out a 20-for-1 stock split at its annual meeting later this month. Splitting the stock into smaller, easier-to-purchase shares could make investing in the company significantly more attractive to a wider pool of investors and work to increase trading volume. Amazon stock has been hit hard following the company's recent first-quarter earnings release.
Shares of Intuitive Surgical (NASDAQ: ISRG) sank 20.7% in April, according to S&P Global Market Intelligence. The robotic surgery company and maker of the Da Vinci surgical system reported its first-quarter earnings, which caused its stock to drop. Revenue was up 15% to $1.49 billion, and non-GAAP (adjusted) earnings per share (EPS) came in at $1.13 for the period.
The data-streaming company's share price was down roughly 15.6% in the daily trading session as of noon ET. The company reported a non-GAAP (adjusted) loss per share of $0.19 on sales of $126 million, while the average analyst estimate had guided for a loss of $0.21 per share on sales of $119.49 million. Revenue grew roughly 64% year over year in the quarter, which was in line with sales growth in the last fiscal year but below the 71% growth that the company posted in 2021's fourth quarter.
