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GameSquare Holdings Inc. (NASDAQ:GAME) operates at the intersection of gaming, esports, and digital media, connecting global brands with youth audiences through innovative marketing and immersive experiences. This news hub provides investors and industry observers with comprehensive access to the company's latest developments and strategic initiatives.
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Engine Media Holdings (NASDAQ: GAME) reported impressive fiscal third-quarter results for 2021, with revenues reaching $9.6 million, reflecting a remarkable 360% year-over-year growth and a sequential increase of 14.6%. The company achieved a net income of $6.2 million, contrasting with a significant loss of $27.4 million in the previous quarter. Engine Media also announced the acquisition of influencer marketing platform Sideqik and commenced trading on the Nasdaq under the ticker GAME.
Engine Media Holdings, Inc. (NASDAQ: GAME; TSX-V: GAME) announced the renewal of its partnership with The Coalition to serve as the principal esports partner for Gears Esports. UMG Gaming, a subsidiary of Engine, will manage tournament and league operations for another season after a successful Season 2. The Gears Spring Major in May 2021 garnered over 1.1 million live views. The renewed partnership is expected to bolster Engine's long-term esports initiatives, with over $600K in prizes available for participants.
Engine Media Holdings, trading under the symbol GAME, has filed a patent infringement lawsuit against FanDuel in the U.S. District Court for New Jersey. The lawsuit claims FanDuel infringes on two patents held by its subsidiary, Winview Inc., related to gaming technology and management of client resources. The company aims to recover damages and protect its intellectual property after a similar action against DraftKings. Tom Rogers, Executive Chairman, emphasized the importance of enforcing their patent portfolio.
Engine Media Holdings, Inc. (NASDAQ: GAME) has engaged ICR, LLC to enhance its investor relations program. The collaboration aims to improve connectivity with the investment community and foster effective communication about the company's developments. CEO Lou Schwartz expressed confidence in ICR's capabilities to articulate Engine's vision. Engine Media focuses on esports and gaming experiences, offering media solutions that include influencer marketing and data analytics. The company serves over 1,200 brands globally, emphasizing its commitment to delivering premium technologies and content.
Engine Media Holdings, Inc. (NASDAQ: GAME) has announced a partnership between its subsidiary, Frankly Media, and Esports Media Inc., focusing on monetizing Esports.gg through advertising solutions. This collaboration will allow Frankly to optimize Esports.gg's revenue channels, providing expert management and audience insights. The partnership aims to enhance operational efficiencies and maximize revenue growth in Esports.gg, which is backed by a team of esports veterans. Engine Media emphasizes the significance of this partnership for its long-term strategic plans in the esports and gaming sectors.
Engine Media Holdings has filed a patent infringement lawsuit against DraftKings in New Jersey, alleging violations of its patents related to gaming services. The lawsuit focuses on the '243 Patent, which addresses latency in television reception during skill games, and the '543 Patent, which pertains to resource management for computing devices. Engine's subsidiary, Winview, aims to protect its intellectual property, boasting a portfolio of 80 U.S. patents. The company anticipates potential damages and relief through this legal action.
Engine Media Holdings, Inc. (TSX-V: GAME, NASDAQ: GAME) will ring the Nasdaq Closing Bell on July 8, 2021, celebrating its recent uplisting to the Nasdaq. Executives Tom Rogers and Lou Schwartz expressed gratitude to employees and highlighted the company's commitment to leading in gaming technology, content, and data solutions. Engine Media focuses on delivering consumer experiences through subsidiaries like Stream Hatchet and WinView Games, generating revenue from a blend of direct-to-consumer offerings, SaaS-based services, and programmatic advertising.
Engine Media Holdings, Inc. (TSX-V: GAME; NASDAQ: GAME) announced the successful acquisition of Sideqik on July 6, 2021. This acquisition enhances Engine's offerings in influencer marketing and analytics, allowing for improved audience measurement and media value assessment. The deal includes the issuance of 410,523 common shares to Sideqik's sellers. Engine's CEO Lou Schwartz emphasized that this move strengthens their position in the influencer marketing space, facilitating brands' connections with content creators, while Sideqik will continue its operations in Atlanta.
Engine Media Holdings, a provider of sports and esports gaming experiences, has appointed Rudolph "Rudy" Cline-Thomas and Lori Conkling to its Board of Directors effective July 6, 2021, pending Exchange approval. Rudy Cline-Thomas, founder of MASTRY, brings extensive investment experience and a network of influential partners. Lori Conkling, Global Head of TV & Film Partnerships at YouTube, offers deep expertise in media partnerships. This strategic move aims to enhance Engine Media's capabilities in gaming and media solutions, fostering growth and innovation.
Engine Media Holdings has announced the definitive agreement to acquire Sideqik, Inc., an influencer marketing platform, for 427,527 common shares. The integration with Stream Hatchet will create a comprehensive solution for audience measurement and media value assessment in influencer marketing. This acquisition aims to enhance Engine's offerings and position it as a leading resource for brands in navigating influencer marketing. The deal is subject to the approval of the TSX Venture Exchange, and is expected to expand Engine's analytics capabilities and attract more advertising dollars.
