GameSquare Forms FaZe Media, A Creator-Led IP And Media Company, Led By CEO FaZe Banks And Backed By $11M Investment From Matt Kalish
Portfolio Pulse from Benzinga Newsdesk
GameSquare Holdings, Inc. (NASDAQ:GAME) has announced the formation of FaZe Media, a creator-led IP and media company, following its acquisition of FaZe Clan. FaZe Media will be led by CEO FaZe Banks and has secured an $11 million investment from Matt Kalish, who will also join the board.
May 16, 2024 | 12:25 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
GameSquare Holdings, Inc. has formed FaZe Media, a new creator-led IP and media company, following its acquisition of FaZe Clan. The new entity is backed by an $11 million investment from Matt Kalish.
The formation of FaZe Media and the $11 million investment from Matt Kalish are likely to positively impact GameSquare's stock in the short term. The new company leverages FaZe Clan's brand and talent, which could drive growth and investor interest.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100