Guild Esports PLC - Guild Esports Signs Valorant Team
The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
Guild Esports PLC
("Guild Esports" or "the Company")
Third esports team signed to compete in Valorant games
Guild Esports, a UK-based owner and developer of esports teams (LSE:GILD), is pleased to announce the creation of its third professional team with the signing of a top-tier squad competing in Valorant, a major new 5v5 multiplayer tactical shooter game launched by Riot Games in June this year.
This is the first new team signing by the Company since its flotation earlier this month. The Valorant players will join Guild's existing teams competing in Rocket League, a motor-racing and soccer hybrid game, and FIFA, the eponymous football franchise.
The team of five players, which is moving from
The qualifying round for the European leg of First Strike, the first major international tournament being organised by Riot Games, commences in early
The total prize pool for Valorant across all tournaments to date is estimated at
All five players have signed a one year contract with an option to renew for another year. They will receive an annual salary and performance incentives.
Guild's move into the Valorant genre will enable the Company to enhance its social media reach, particularly on the Twitch channel. The five players have a combined social media following of approximately 400,000 across all social channels, including the Twitch platform.
Valorant is expected to show strong growth in streaming and esports viewership over the long term. During the beta stage Valorant attracted a record single day viewership of 34 million hours on Twitch, smashing the previous record of 12 million hours, according to industry data. The game currently has an average of 70,000 viewers per day on Twitch, making it the platform's eighth most popular title.
Valorant is an exciting esport and since its launch this year has already made a big impact on the competitive gaming ecosystem, winning over top pros from established games like Overwatch. We have high ambitions for our top-calibre team in the upcoming First Strike tournament. We are proud to welcome the players to our Guild family where we will coach and support them to become world champions."
FOR FURTHER INFORMATION, PLEASE CONTACT:
via Tancredi +44 207 887 7633
+44 7876 455 323
+44 203 167 7221
+44 203 829 5000
Tancredi Intelligent Communication
+44 7957 549 906
+44 7727 180 873
+44 7449 226 720
About Guild Esports:
Guild Esports PLC is a global fan-focussed team organisation and lifestyle brand that fields professional players in gaming competitions under the Guild banner. Our in-house training academy aims to attract and nurture the best esports talent, and our goal is to provide the ultimate entertainment experience alongside a distinctive lifestyle brand authentic to the esports community worldwide. Guild is led by an experienced management team of esports veterans and co-owned by
Notes to Editors:
The addition of the Valorant team marks Guild's first step into hardcore PC-based esports, following its launch into the cross-platform Rocket League and EA Sports FIFA titles earlier this year.
Guild is developing a talent pipeline in the
Valorant is a fast-growing esports title published by Riot Games, the renowned developer behind League of Legends. Valorant is followed by a large audience with recent tournaments reported to have recorded over one million viewers.
Quick facts: Guild Esports
Market Cap: -
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...FOR OUR FULL DISCLAIMER CLICK HERE