Usmanov’s USM together with partners plans to invest $100 million into the project in the field of eSports

MOSCOW, October 15. USM Holdings Alisher Usmanov invests in the development of the Virtus group of – one of the largest Russian communities in the field of eSports. As they say in the company message, the USM and investment partners in the development of the project could exceed $100 million.

The Russian is one of the leading eSports organizations in the world. It includes commands on the key disciplines of eSports, which account for over 250 awards won in competitions of world level. The project brings together companies, organizing international slot tournaments and leagues, as well as the Studio video and audio recording, producing monthly more than 1,5 thousand units of content on different Internet sites for the 30-million strong audience across the world. Internet resources group, has collected more than 7.6 million subscribers, the annual number of views of content being generated exceeded $ 1 billion.

The report notes that the e-sports industry shows steady growth worldwide. According to SuperData Research, in 2015 the market volume of e-sports was $612 million, and the eSports audience has exceeded 130 million people. The total size of the prize funds industry reached $42 million.

“ESports is a unique phenomenon, at the intersection of sports, media business and the Internet. This fast-growing market that has gained the interest of a huge audience worldwide. In turn, is the flagship e-sports industry in Russia. I am sure that support from the USM will help to give new impetus to the development of this community and bring its projects to a new level”, – commented member of the Board of Directors of USM Holdings Ivan streshinskiy.

“Our main goal is the popularization of cyber sports in Russia, and she will serve as investment USM. Primarily they will focus on the launch of new tournaments in different game disciplines, as well as the establishment of media channels for lighting and the construction of the e-sports arena”, – commented on the deal, the co-owner and managing partner of Cherepennikov. – professional Russian project in computer sports. Virtus’s regularly participate in major international games competition, Electronic Sport League, The International and DreamHack. For more than ten years of history of the project Virtus won over 100 gold medals.

USM Holdings Ltd. is a diversified international company that manages assets in metallurgy and mining, telecommunications, Internet and media. Among them such companies, as “metalloinvest”, “MegaFon”, Group, as well as “UTH”. The main shareholders of USM are Alisher Usmanov, Vladimir Skoch and Farhad Moshiri.