There is a growing need to obtain more franchise buyers in the top-tier Overwatch League and Activision Blizzard, Inc. (NASDAQ:ATVI) is out there on a roadshow to get more of the buyers. It is at the same particular moment that high talk continues to build with lots of people questioning the publisher’s reach and communication abilities.
It was four months back when Santa Monica, which happens to be a California-based Blizzard got discussions hitting almost every corner after it made a promise to launch its global league of the city-branded teams which as a matter of fact had been arranged to kick start by 2017’s third quarter.
Some of the top executives took the moment to outline their intentions of establishing opportunities to pro sports owners as well as the possible bidders for teams in the coming three to four months period of time.
In one of the interviews done on March 2,Nate Nanzer, who happens to be the global director of Overwatch League stated that things would move as planned and so by September the Overwatch League will be unveiled and also added to say that the road show was to happen soon.
There has been a prolonged radio silence which is said to have set the frenetic e-sports marketplace in a bind. The founder of complexity Gaming, Jason Lake revealed that he had earlier on been approached by a number of investors all of the making enquiries regarding a strategic deal. Nothing can go on without obtaining more guidance from Blizzard.
Some time back, a number of sources indicated that Blizzard’s executives looked forward to soliciting numerous bids in the major markets. They held a strong opinion that a franchise could fetch as much as $2 million to $5 million in the small markets whereas much more in Los Angeles. Los Angeles is a renowned focal point for e-sports.
However, one thing did not turn out as expected after Nanzer indicated the unwillingness to talk about the awarding of franchises as well as the costs. At the moment, no amount of speculation may be enough to assure us about what the future brings. We just have to wait and see!