BoomTV, a leading esports entertainment platform, has acquired the American Video Game League (AVGL), one of the largest producers of collegiate esports events, content, and community initiatives, for an undisclosed sum.
BoomTV is primarily known for its popular bi-weekly event series Code Red, which reaches more than 5MM monthly users and aggregates 30MM+ watched minutes through participation from top influencers across Twitch and YouTube. Additionally, the platform has been empowering thousands of influencers by running community gaming events every week for the past quarter.
The acquisition creates unprecedented reach across influencer and collegiate esports communities. BoomTV’s technology provides the AVGL’s 1,200+ colleges with the most engaging online esports experiences and content, while leveraging the AVGL’s large-scale live events and grassroots initiatives.
“Our focus has always been to provide the best competitive experiences for collegiate esports players and fans, and the BoomTV platform will achieve this at scale,” says Victor Suski, CEO of AVGL. “This strategic acquisition allows us to offer colleges tools and events needed for expansion. This is a huge step forward for the AVGL and collegiate esports.”
In a recent collaboration with the AVGL, BoomTV integrated collegiate competition into its Code Red tournament, providing Fortnite collegiate players with the exclusive opportunity to compete head to head against the biggest names in streaming for a $10,000 prize pool.