Vertiqal Studios Corp. has successfully completed its acquisition of Enthusiast Gaming’s direct media sales business. This strategic move significantly expands Vertiqal’s digital media network and direct brand relationships, solidifying its position in the digital advertising space. The company anticipates substantial growth following this integration.
Key Takeaways
- Vertiqal Studios Corp. has acquired Enthusiast Gaming’s direct media sales business.
- The company has secured a Q4 booked revenue pipeline exceeding $3 million USD.
- The acquisition includes Omnia Media YouTube network, a 49% stake in Vancouver Surge, and Luminosity Gaming.
- Vertiqal Studios now reaches over 200 million consumers monthly across various platforms.
Strategic Acquisition Bolsters Vertiqal Studios’ Market Position
Vertiqal Studios Corp. announced the completion of its acquisition of Enthusiast Gaming’s direct media sales business. This acquisition is a significant milestone, expanding Vertiqal’s owned and operated media network and its direct relationships with brands. The integration positions Vertiqal as a key partner for brands seeking targeted digital advertising across gaming, sports, entertainment, and lifestyle verticals.
Strong Revenue Outlook Following Acquisition
As a result of the acquisition and ongoing commercial activities, Vertiqal Studios has secured a Q4 booked revenue pipeline of over $3 million USD. This robust revenue base highlights the effectiveness of Vertiqal’s consolidated media strategy and its enhanced ability to monetize its platforms.
Assets Acquired and Expanded Reach
The acquisition includes several key assets: the Omnia Media YouTube multi-channel network, a 49% stake in the Vancouver Surge professional Call of Duty team, and Luminosity Gaming along with its affiliated channels and intellectual property. Vertiqal Studios now operates a diverse network of digital properties and branded content channels across major platforms such as YouTube, Snapchat, TikTok, Instagram, Twitch, X, Discord, and Reddit. This expanded network reaches over 200 million engaged consumers monthly.
Future Growth and Vision
Jon Dwyer, Chairman & CEO of Vertiqal Studios Corp., stated that the acquisition marks the completion of an ambitious chapter, boosting the company’s scale and reach. He emphasized the validation of their vision to build a vertically integrated, content-driven media company with direct-to-brand relationships at its core. Vertiqal Studios plans to continue executing its strategic roadmap, leveraging its enhanced capabilities to drive organic growth, foster deeper brand partnerships, and accelerate revenue.
