GameSquare's Stream Hatchet Reports Esports Livestreaming Hours Increased 15% During Q1 2023
Portfolio Pulse from Happy Mohamed
Stream Hatchet, a subsidiary of GameSquare Holdings (NASDAQ:GAME)(TSXV:GAME), reported that esports livestreaming hours increased by 15% during Q1 2023, with total hours watched exceeding 650 million. Twitch and YouTube dominated the esports livestreaming viewership, accounting for 62% and 30% of the market respectively. The report also highlighted the importance of optimizing esports tournaments to boost viewership and engagement.
July 20, 2023 | 12:10 pm
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GameSquare's subsidiary Stream Hatchet reported a 15% increase in esports livestreaming hours in Q1 2023, indicating a growing demand for their services. This could potentially lead to increased revenues for the company.
The increase in esports livestreaming hours indicates a growing demand for Stream Hatchet's services, which could potentially lead to increased revenues for GameSquare. The dominance of Twitch and YouTube in the market also suggests that partnerships or collaborations with these platforms could be beneficial for the company.
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