GameSquare In Conjunction With Its Wholly-owned Analytics And Business Intelligence Platform Stream Hatchet Revealed The Top Gaming And Live Streaming Trends Report For 2024
Portfolio Pulse from Benzinga Newsdesk
GameSquare, through its subsidiary Stream Hatchet, released its annual report on global esports and live streaming trends for 2024. The report highlights a 4% increase in esports viewership year-over-year, totaling 2.76 billion hours watched, with a significant portion through co-streaming channels. It also notes the rapid growth of creator-driven events and the trend of UEFN and creative world-building as a means to connect brands with viewers and creators.
January 11, 2024 | 12:06 pm
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GameSquare's annual report, delivered by Stream Hatchet, indicates positive growth in the esports sector, which could reflect favorably on the company's market position and future revenue potential.
The report by GameSquare's Stream Hatchet suggests a growing interest in esports, which is directly relevant to GameSquare's business model. The increase in viewership and the trend towards creator-driven events and creative world-building could lead to higher engagement and potentially more revenue streams for GameSquare. As the parent company, GameSquare is likely to benefit from the positive trends in the industry, which could lead to investor optimism in the short term.
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