Verizon becomes exclusive 5G partner of Twitch Rivals; will help shape the future of gaming

Rhea-AI Summary

Verizon announced its partnership with Twitch Rivals North America as the official 5G and 4G LTE network partner. This collaboration will focus on media and broadcast integrations in Twitch streams and activations at events. With 5G Ultra Wideband designed for gamers, both companies aim to innovate how creators and fans interact. Verizon's Chief Media Officer highlighted the potential for 5G to enhance gaming experiences. Additionally, Verizon announced other partnerships, including with FaZe Clan and Riot Games, showcasing their commitment to the gaming industry amidst a revenue generation of $131.9 billion in 2019.

Positive

• Partnership with Twitch enhances Verizon's brand visibility in the gaming sector.
• 5G Ultra Wideband technology could lead to innovative gaming experiences, attracting more users.
• Expanded presence in gaming partnerships, including FaZe Clan and Riot Games, strengthens market position.

Negative

• None.

BASKING RIDGE, N.J., Aug. 19, 2020 (GLOBE NEWSWIRE) -- Verizon is now the official 5G and 4G LTE network partner of Twitch Rivals North America, a tournament series made for Twitch streamers. Together, Verizon and Twitch will collaborate on media and broadcast integrations in Twitch Rivals streams, activations at Twitch events, and innovate together using the power of Verizon’s 5G Ultra Wideband network, 5G built for gamers. Twitch and Verizon will co-create 5G concepts over the course of the partnership, exploring the impact 5G can have across the industry.

“From evolving the way creators and fans watch and play, to creating new, immersive ways for the massive gaming community to connect through augmented online and in-person experiences, the combination of Twitch’s influence and the impact 5G will have on the gaming industry opens incredible doors for innovation,” said John Nitti, Chief Media Officer, Verizon.

Walker Jacobs, Chief Revenue Officer at Twitch, added, "we're excited to deepen our partnership with Verizon, and we are thrilled to announce they are the Official Marketing Partner of Twitch Rivals, and our exclusive Rivals partner in the Wireless Network and 5G category. We look forward to partnering with Verizon to bring together the combination of competitive gaming, streamers, sports, celebrity, and entertainment under Rivals, and pushing the boundaries of what's possible for the Rivals franchise."

Most recently, Verizon announced that it is the official 5G and 4G LTE network sponsor of FaZe Clan, one of the most popular gaming organizations in the world. Verizon also announced its multi-year partnership with Riot Games’ League of Legends Championship Series as the league’s official 5G Wireless and Network Service Partner. In addition, Verizon unveiled its partnership with Square Enix and Crystal Dynamics, becoming the official telecommunications partner for Marvel’s Avengers.

Verizon had previously showcased its dedication to gamers and fans by keeping the community connected during the COVID-19 pandemic through Pay It Forward LIVE, a weekly music and gaming streaming series in support of small businesses that garnered nearly 90 million views throughout the 10 weeks of the series. Nearly 40 million viewers tuned in to the weekly gaming events featuring popular gamers.

5G Ultra Wideband is currently available in parts of 36 cities.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is celebrating its 20th year as one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $131.9 billion in 2019.  The company offers voice, data and video services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control. 

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at www.verizon.com/about/news/. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact:
Emily Vicker
emily.vicker@verizon.com

 

FAQ

What partnership did Verizon announce with Twitch on August 19, 2020?

Verizon became the official 5G and 4G LTE network partner of Twitch Rivals North America.

How does Verizon plan to innovate through its partnership with Twitch?

Verizon aims to collaborate on media integrations in Twitch streams and explore 5G technology's impact on gaming.

What other gaming partnerships has Verizon announced recently?

Verizon announced partnerships with FaZe Clan and Riot Games, among others.

What is Verizon's revenue for the year 2019?

Verizon generated revenues of $131.9 billion in 2019.

How many cities currently have access to Verizon's 5G Ultra Wideband?

5G Ultra Wideband is available in parts of 36 cities.