Sponsored By

eSports broadcaster Virtus.pro lines up $100 million in funding

USM Holdings, owned by billionaire Alisher Ismanov, is preparing to invest $100 million in Russian eSports broadcaster, Virtus.pro.

Chris Kerr, News Editor

October 16, 2015

1 Min Read

USM Holdings, a diversified holdings company owned by Russian billionaire Alisher Ismanov, is preparing to invest up to $100 million in Virtus.pro, a website that organizes and broadcasts eSports events throughout Russia. 

USM has confirmed that the total investment may eventually exceed $100 million, but neglected to mention how the cash will be handed out or what it would receive in return for the funding. 

Virtus.pro has established itself as one of the world's leading eSports broadcasters amassing 7.6 million subscribers and recording over 1 billion views in 2014 alone. 

"eSports are a unique proposition, uniting the sports, media and the internet industries," said Ivan Streshinsky, a director at USM Holdings. 

"It is a fast-growing market, which has already generated huge interest around the world, and Virtus.pro is the leader in the e-sports industry in Russia."



About the Author(s)

Chris Kerr

News Editor, GameDeveloper.com

Game Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, and PocketGamer.biz. Throughout his career, Chris has covered major industry events including GDC, PAX Australia, Gamescom, Paris Games Week, and Develop Brighton. He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news.

Daily news, dev blogs, and stories from Game Developer straight to your inbox

You May Also Like