$10 Million Acquisition Will Bring eSports To The Big Screen

Competitive video game tournaments are coming to a theater near you.  That is, if you live in Canada.  Through a purchase of WG Ltd. (operating as WorldGaming), an eSports platform that promotes tournaments, leagues and gaming ladders, Canada-based Cineplex Entertainment will be hosting eSports competitions in its fully digitized motion picture theaters as soon as October 2015.
Cineplex paid $10 million to acquire WorldGaming’s operational assets .  The transaction contemplates the creation of a new company that will be focused on eSports competition — 80% of the company will be owned by Cineplex — as well as Cineplex’s promise to invest another $5 million for expansion efforts.

from Forbes – Tech http://ift.tt/1UYOyDK
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