ESL and DreamHack merge to create ESL Gaming

ESL and DreamHack announced today that the two esports companies have merged to create ESL Gaming.

Modern Times Group (MTG) has owned both companies since 2015. ESL operates offline and esports tournaments around the world, and DreamHack hosts large esports festivals. Now the two are one. Craig Levine and Ralf Reichert, who were co-CEOs for ESL, are now co-CEOs for ESL Gaming. DreamHack co-CEO Marcus Lindmark is also an executive for ESL Gaming.

“By combining forces, ESL and DreamHack will have expanded flexibility and skills to continue meeting the ever-changing desires, demands and needs of its fans, community, players and partners while connecting with this broader audience,” ESL Gaming notes in the announcement.

The merger should ESL Gaming events more resources than the old ESL or DreamHack shows enjoyed. And since MTG already owned both as subsidiaries, the merger didn’t require one company buying the other one out. The old ESL already touted itself as the largest esports company, and now it’s even bigger. Both ESL and DreamHack events will continue to happen with their original names.

However, the new company will see some layoffs as part of the merger, as ESL Gaming has told GamesIndustry.biz, blaming the pandemic and the difficulty of holding events this past year on the decision.

FRESHEST

Here's the latest news

Diners in Michigan will be required to give their name and phone number to restaurants and bars starting Monday in an effort to contain a recent coronavirus surge, according to reports.The new rule was put in place by the Michigan Department of...

Michigan bars, restaurants will require diners' names, phone numbers starting Monday

We have the PlayStation 5. We have the Xbox Series X. We have the Xbox Series S. What we don’t have is a lot of time — unless it’s to do some Halloween cosplay. So let’s do a one-hour-of-power episode...

We played the PlayStation 5 | GamesBeat Decides 170

Image courtesy HBOJust hit play for, dare we say it, killer style. By Pahull Bains Date October 30, 2020 icon-facebook icon-twitter When it comes to horror movies or TV shows, stylish or fashionable isn’t always the first thing that comes...

15 Fashionable Horror Movies and Shows to Binge This Weekend

A New Orleans police officer was shot Friday in the city's popular French Quarter, police said. The officer was shot around 4:30 p.m., NOLA.com reported. Paramedics responded to the scene but the officer already had been taken to a hospital.The officer's...

Police officer shot in French Quarter area of New Orleans, LA

Apple has packed an interesting new accessibility feature into the latest beta of iOS: a system that detects the presence of and distance to people in the view of the iPhone’s camera, so blind users can social distance effectively, among...

iPhones can now tell blind users where and how far away people are –
Load More