Esports at a Crossroads: Stadium Dreams vs. Streaming Reality
Once-valued esports franchises are wrestling with the economics of streaming. Growth is real, profits are not.
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The league model meets the internet
Traditional sports franchises monetise scarcity; esports streams are free and infinitely repeatable. That tension has deflated valuations from their 2021 peak.
The survivors are doubling down on community, regional leagues and live events — where attention actually converts into revenue.
Building incoffeed — a daily editorial on tech, AI, fintech and business. Co-founder & editor.
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