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VENN-The New Home For Gaming, Esports And Pop Culture Entertainment

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Gaming industry visionaries Ariel Horn, the four-time Emmy winning producer that pioneered esports broadcast production at Riot Games and Blizzard Entertainment, and Ben Kusin, seasoned entrepreneur and former Global Director of New Media at Vivendi Games, announced the creation of VENN – a new network launching in 2020 with live studios in New York and Los Angeles, aimed at gaming, esports and entertainment audiences. With $17 million in seed round funding from investors spanning multiple industries, this new post cable TV network will cater to the $150 billion global gaming industry and live at the intersection of entertainment and gaming cultures.

“Video games continue to define the culture of today’s youth. Streamers, casters, content creators, esports athletes – these are our new celebrities,” said Ben Kusin, Co-CEO of VENN. “VENN is giving this generation an overdue home and a heartbeat, with bi-coastal broadcast studios incorporating live audiences, premium production values, a 24/7 linear offering, and engaging and innovative formats that elevate and promote a culture traditionally overlooked by broadcast media.”

“We’ve been polishing our craft on global stages for years while dreaming up new ways to create memorable esports broadcast experiences,” said Ariel Horn, Co-CEO. “VENN will bring together the best and brightest talent to apply the same creativity and big-picture thinking to greater gaming and entertainment content, building a bridge from our industry into the world that surrounds it.”

The investment round is co-led by BITKRAFT, the first esports investment fund in the world with a diverse global portfolio of more than 35 companies across its two fund generations.

“It’s about time we significantly raise the bar for video content in gaming and esports. We need to elevate the stars and stories in our community and provide a better and larger opportunity for brands to reach gamers. We have no doubt that Ariel and Ben are the guys to get this job done and are incredibly excited for a new level of entertainment value in gaming and esports,” said Jens Hilgers, Founding Partner of BITKRAFT.

Additionally, VENN brings together an elite consortium of investors spanning the worlds of gaming, sports, entertainment, culture and business. Included in this group are:

–  Marc Merrill, co-founder of Riot Games
–  Mike Morhaime, co-founder of Blizzard Entertainment
–  Amy Morhaime, former head of global esports, Blizzard Entertainment
–  Kevin Lin, co-founder of Twitch
–  aXiomatic Gaming, a premiere esports investment group with holdings in gaming and esports properties including Team Liquid, Niantic and Epic Games
–  BDMI, a corporate venture capital arm of Bertelsmann, the global media, services, and education company
–  YuChiang Cheng, co-founder of World Golf Tour and President of Topgolf Media
–  Lifeline Financial Group, a full-service multi-family office based in Beverly Hills, representing high profile clients across sports and entertainment
–  Reimagined Ventures, the private capital group of Alec Litowitz, founder of Magnetar Capital and Cloud9 investor

“The exciting thing about VENN is its potential to expose what is so compelling about gaming culture to a wider audience,” said Marc Merrill, Co-Founder, Riot Games. “I look forward to seeing the content they create and the opportunities they’re going to open up for players everywhere.”

Designed for fans across all platforms, VENN was created as a singular media brand to unite a fragmented media marketplace. Its content will span multiple categories of entertainment, with original programming produced both in-house and with some of the biggest names and creators in gaming, entertainment, streaming, and esports.

“I’m proud to support the team at VENN on an exciting new milestone for digital entertainment,” said Mike Morhaime, Co-Founder, Blizzard Entertainment. “Having a central location for high quality content from across the industry is an important foundational step for gaming communities.”

“The explosion in gamer-driven digital entertainment over the past decade has shown that traditional models must evolve to keep up with this new audience,” said Keith Titan, Partner at BDMI. “We believe that Ben and Ariel bring the passion, experience, and authenticity critical to creating content that serves, engages and challenges the digital audience. We’re thrilled to be part of their support network as they put this bold new vision into action.”

“VENN will be everywhere the gaming audience consumes content: Streaming platforms, VOD, 24/7 linear and social networks,” said Ariel Horn. “Pioneering a truly interactive broadcast network will enable the kind of experiences these audiences demand.”

More information on VENN will be released in the coming months and you can learn more by visiting the company’s website – www.venn.tv and following VENN on social media @watchvenn.

 

About VENN:

VENN is a new 24/7 post-cable TV network aimed at gaming, esports and entertainment audiences. Launching in 2020 and broadcasting live from studios in New York and Los Angeles, VENN will be distributed across a broad range of media platforms and offer original programming produced in-house and in partnership with some of the biggest names and creators across industries.

Source: VENN


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: VENN-The New Home For Gaming, Esports And Pop Culture Entertainment

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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AGCOR backs WSL Challenger Series to boost PH sports tourism

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The Philippine Amusement and Gaming Corporation (PAGCOR) has expressed full support for the ongoing World Surf League (WSL) Challenger Series in Baler, Aurora for boosting sports tourism and the country’s position as a premier surfing destination.

PAGCOR Chairman and CEO Alejandro H. Tengco said the agency is proud to sponsor a global league that brings elite surfers to iconic waves across the world, including celebrated Philippine surfing sites such as Siargao, La Union and Baler.

“We proudly support the WSL Series, which showcases emerging surfing talents and shines a global spotlight on the world-class waves of the Philippines,” Mr. Tengco said of the event, which started on November 17 and will run until November 23.

“This competition provides Filipino surfers with a bigger stage to showcase their skills while helping promote sustainable coastal development in surf communities,” he added.

“We look forward to a successful WSL Challenger Series and to seeing more Filipino surfers make a mark on the international surfing scene,” Mr. Tengco said.

The WSL is the leading global platform for professional surfing, staging top-tier competitions throughout the year in celebrated surf destinations.

The Challenger Series serves as the crucial qualifying arena for athletes aspiring to join the elite WSL Championship Tour, attracting a field of seasoned professionals and rising stars from across the world.

The Philippines has long been part of the WSL map, with Siargao hosting league-sanctioned events for the past 29 years.

The country’s consistent presence in the global surfing event has helped elevate local shores – particularly Cloud 9 in Siargao, as well as surf hubs in Baler and La Union –into key destinations for both athletes and adventure tourists.

 

The post AGCOR backs WSL Challenger Series to boost PH sports tourism appeared first on European Gaming Industry News.

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PRONET GAMING BECOMES FIRST B2B OPERATOR TO ESTABLISH SCBPO ACCREDITED OPERATION IN THE PHILIPPINES VIA CLAYMORE SOLUTIONS

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Omni-channel turnkey provider Pronet Gaming is the first internationally-licensed B2B company in the gaming sector to establish an SCBPO-accredited operation in the Philippines via Claymore Solutions.

Claymore Solutions is accredited by the Philippine Amusement and Gaming Corporation (PAGCOR) as a Special Class BPO (SCPBO), which authorises them to provide employer of record & serviced office space to internationally licenced gaming operators enabling them to establish operations in the Philippines without taking bets or payments.

Pronet Gaming will now build out IT and Trading teams in Manila, further strengthening its operational presence and technical capabilities in the region.

Pronet Gaming CEO Alex Leese said: “Establishing an SCBPO-accredited presence in the Philippines is a milestone that aligns perfectly with our long-term strategy of expanding our footprint in Asia, in a fully compliant way. We’re happy to have made this possible through the collaboration and support of our trusted partner, Claymore Solutions.”

Paul Fox, Chairman and Co-Founder of Claymore Solutions, said: “We’re honoured to be working with Pronet Gaming, providing EoR and serviced office space solutions for their operations which underlines the quality of local staff and further boosts the Filipino economy.”

PAGCOR Chairman Al Tengco commented: “We’re delighted to have B2B operators such as Pronet Gaming establish their Trading and IT operations here through Claymore Solutions. I hope that more companies follow given the wealth of readily available Filipino talent in this sector.”

Claymore will announce additional client partnerships in the near future.

The post PRONET GAMING BECOMES FIRST B2B OPERATOR TO ESTABLISH SCBPO ACCREDITED OPERATION IN THE PHILIPPINES VIA CLAYMORE SOLUTIONS appeared first on European Gaming Industry News.

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Fairspin Casino Unveils the Royale Run Tournament Overview

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Fairspin Casino presents the Fairspin Royale Run Tournament, an event designed to offer participants access to high-value rewards. The circle of privilege is introduced as a thematic element of the tournament and is presented as part of the overall concept.

From November 15 to December 25, gameplay is structured as a progression-based format, with rewards that include a luxury car, a premium motorcycle, and a branded watch.

The Fairspin Royale Run Tournament combines entertainment with measurable advancement through Fairspin’s transparent Play to Earn system. Each action contributes to overall progress, bringing participants closer to the available prizes.

Royale Run Tournament Prestige Overview

The Fairspin Royale Run Tournament is presented as a competitive event within the platform, featuring rewards intended to highlight its premium positioning. The tournament links in-game activity with defined outcomes, offering items such as a car, a motorcycle, and a watch as part of the prize structure.

By combining an incentive-based format with these rewards, Fairspin outlines its approach to transparent, activity-driven gaming. The Fairspin Royale Run Tournament reflects the platform’s emphasis on structured progression and measurable results.

Tournament Participation Details

The Fairspin Royale Run Tournament follows a Play to Earn format in which each bet contributes to advancement on the leaderboard. A total prize pool of $50,000 USDT will be allocated among 100 winners.

Participation is outlined as follows:

  • Users can join the event by selecting “Participate” on the tournament page.
  • Users can engage in any preferred games* — each bet boosts overall ranking.

*All games are eligible for the tournament, except those listed in Section 7.1.2.

Results are determined by the number of TFS tokens accumulated during the event. TFS is Fairspin’s digital asset used to reflect activity within the platform. Higher token totals correspond to higher positions on the leaderboard.

The winners will receive the following prizes:

  • 1st place: 20,000 USDT or a car certificate
  • 2nd place: 10,000 USDT or a motorcycle certificate
  • 3rd place: 6,000 USDT or a watch certificate
  • 97 finalists will share 14,000 USDT in additional rewards

Each action recorded during the tournament contributes to overall standing and eligibility for the listed prizes.

TFS Token Usage Overview

TFS tokens are used within the Fairspin ecosystem beyond the tournament period. They function as a mechanism for in-platform utility, as accumulated TFS can be converted into game currency, staked for defined returns, or exchanged in the Fairspin Store for items such as bonus funds, free spins, free bets, and selected technology products.

The platform outlines its token mechanics, withdrawal processes, and loyalty structure as part of its overall operating model, with each action contributing to measurable activity within the system.

About Fairspin Casino

Since its inception in 2018, Fairspin Casino has been at the forefront of innovation, combining a rewarding gaming experience with unparalleled blockchain transparency. With more than 10,000 games from over 100 top-notch developers, fast withdrawals, and enticing promotions, Fairspin continues to set the gold standard in the online casino industry.

The introduction of Fairspin’s TFS token has adjusted engagement dynamics on the platform. TFS is accumulated through rakeback and progression within Fairspin’s 10-level loyalty program. Tokens can be staked for defined returns or exchanged for a range of available benefits, including additional gameplay options and platform rewards.

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