Media Central Corporation Inc. (CSE: FLYY, FSE: 3AT) (“MediaCentral” or the “Company”) announces the beta-launch of its newest platform, ECentralSports.com (“ECentralSports”). ECentralSports will be a dynamic digital destination for eGaming and eSports (“Gaming”) fans in search of the latest in news, information and culture. Leveraging NOW Magazine (“NOW”) and Georgia Straight (“the Straight“), the Company’s central publications, ECentralSports will enter the market with access to 6.5 million of the most coveted consumers and the support of award-winning editors, writers and directors.
ECentralSports will tap into a global market with extensive reach. In its fall 2019 global games market report, Newzoo estimated the current Gaming market to be US$148.8 billion. They also reported that eSports alone reached 454M viewers worldwide in 2019 with growth projected to 645M by 2022.
The COVID-19 pandemic has caused Gaming to experience exponential growth. People are at home with no live-action sports to engage with and are increasingly turning to Gaming for entertainment. An April 2020 article in AdWeek stated: “gaming has exploded like never before [and has] become the new social currency and a cultural force.” According to the same article, the telecoms giant Verizon released information demonstrating U.S. video game usage during peak hours has increased by 75 per cent since the global lock-down first went into effect, and that Gaming as an industry is larger than the NFL, NBA, MLB and the NHL combined.
The explosive industry has already garnered the attention of top brands, with Louis Vuitton, Nike, Coca-Cola and BMW all sponsoring eSports tournaments. The financial community has also taken notice of the global Gaming phenomenon. In April 2019, Deloitte released a report on eSports financing that indicated US$4.5B was invested in the industry in 2018 alone. High profile investments have also targeted the disruptive industry such as the recently announced investment into FaZe Clan, a leading eSports organization, by the iconic entertainment entrepreneur Jimmy Iovine (Chairman of Interscope-Geffen-A&M; co-founder of Beats Electronics).
“We are absolutely thrilled to announce the beta-launch of our Gaming publication, ECentralSports.com. The audience psychographics of eSports and gaming enthusiasts directly aligns with our existing audience of 6.5 million market and cultural pace setters,” said Brian Kalish, CEO of MediaCentral. “ECentralSports will acquire and scale traffic by leveraging readership from our current high-performing titles, opening up immediate opportunities to monetize the new channel through an integrated editorial, display advertising, affiliate marketing and omnichannel sponsored content strategy, designed to benefit our advertising partners.”
MediaCentral has already begun testing Esports content on both NOW and the Straight with positive traction. The data shows a 37 per cent increase of users’ session length on eSports content, a 10.5 per cent improved click-through on newsletters containing eSports content and 8.5 per cent above average pageviews for eSports content. This illustrates the existence of a fanbase who will readily covert to ECentralSports.com once launched. The integration of content between NOW and the Straight will continue when ECentralSports.com is live, providing further opportunity for organic audience growth.
ECentralSports is the second original digital platform from MediaCentral, following the 2019 fall launch of Canncentral.com, a digital cannabis lifestyle publication. This marks the continuation of the company’s planned strategy to produce and acquire existing high-quality publications across North America to consolidate, digitize and monetize an audience of over 100 million of North America’s most influential readers. MediaCentral will provide these coveted readers with access to on-trend, relevant and authentic news and content across all its titles.
ECentralSports is slated to go live in May 2020.
