Gaming Veterans Launch $17M USD Esports Channel, VENN

To be broadcasted live from NY and LA.

Gaming
4,452 Hypes 4 Comments

Thanks to video game industry veterans Ariel Horn and Ben Kusin, a new gaming-focused TV network called VENN (short for Video Game Entertainment and News Network) will be launching.

The duo managed to raise $17 million USD to launch the channel, which will be a mix of esports with Twitch-style video game streaming and other gaming-related entertainment content. Horn and Kusin hope to build two VENN studios to be located in New York and Los Angeles, and plan to produce 55 hours of original programming per week at launch. Some of that content will come from video game streamers who are already popular on Twitch and YouTube.

“Designed for fans across all platforms, VENN was created as a singular media brand to unite a fragmented media marketplace,” the announcement read. “Its content will span multiple categories of entertainment, with original programming produced both in-house and with some of the biggest names and creators in gaming, entertainment, streaming, and esports.”

VENN managed to pull investments from Bitkraft and private investment company Eldridge Industries, along with Riot Games co-founder Marc Merril, Blizzard Entertainment co-founder Mike Morhaime, Twitch co-founder Kenin Lin, aXiomatic Gaming, Bertelsmann’s BDMI, YuChiang Cheng, Lifeline Financial Group and Reimagined Ventures.

Horn used to be a NBC Universal executive who went on to become the global head of esports content at Riot Games, while Kusin used to work for Electronic Arts before becoming the global director for new media and strategic alliances at Vivendi Universal Games.

VENN is set to launch by mid-2020 and will broadcast on internet-based TV subscription services, free live video services like Pluto, and live streaming services like Twitch. A site for the new network has now gone live alongside its social media accounts. Stay tuned for more details when they surface.

In more gaming news, new The Legend of Zelda: Link’s Awakening trailer spotlights stunning gameplay.

Read Full Article

What to Read Next

Manchester United Goalkeeper David de Gea Starts His Own Esports Team
Gaming

Manchester United Goalkeeper David de Gea Starts His Own Esports Team

Rebels will compete in ‘League of Legends,’ ‘Valorant’ and ‘Rainbow Six Siege.’

Finding Community and Black Representation in Video Games
Gaming

Finding Community and Black Representation in Video Games

HYPEBEAST spoke with an indie game developer, a gamer community advocate and a professional Twitch streamer about diversity in the gaming industry.

Sony Invests $1 Billion USD In Epic Games
Gaming

Sony Invests $1 Billion USD In Epic Games

In a new round of funding joined by LEGO Group owner KIRKBI.


'Squid Game' Content Hits Record 17 Billion Views on YouTube, According to Report
Tech

'Squid Game' Content Hits Record 17 Billion Views on YouTube, According to Report

And 533 million engagements.

Fucking Awesome & adidas Skateboarding Reveal Full Stan Smith Collection
Footwear

Fucking Awesome & adidas Skateboarding Reveal Full Stan Smith Collection

Releasing in “White,” “Semi Solar Green,” “Chalk Purple,” and “Lucky Orange.”

A Closer Look at Bodega's New Balance 997S "NO BAD DAYS" Collaboration
Footwear 

A Closer Look at Bodega's New Balance 997S "NO BAD DAYS" Collaboration

Featuring a mixed-material & brightly colored upper.

Parley for the Oceans & American Express Launch New Green Cards
Design

Parley for the Oceans & American Express Launch New Green Cards

Made primarily from reclaimed plastics.

Helmut Lang Heads to Redhead Days Festival to Celebrate FW19 Collection
Fashion

Helmut Lang Heads to Redhead Days Festival to Celebrate FW19 Collection

Focusing on its denim & ready-to-wear pieces.

New 'The Legend of Zelda: Link's Awakening' Trailer Spotlights Stunning Gameplay
Gaming

New 'The Legend of Zelda: Link's Awakening' Trailer Spotlights Stunning Gameplay

The remake arrives this week.


A Boogie Wit Da Hoodie Drops "Mood Swings" Visual, Donates $50,000 USD to Hurricane Dorian Relief Efforts
Music

A Boogie Wit Da Hoodie Drops "Mood Swings" Visual, Donates $50,000 USD to Hurricane Dorian Relief Efforts

Friend and fellow rapper Lil Uzi Vert has also pledged to match every additional dollar raised up to $50,000 USD.

'POPEYE' Spotlights Stüssy FW19 in "London Calling" Editorial
Fashion

'POPEYE' Spotlights Stüssy FW19 in "London Calling" Editorial

Featuring friends and family of the brand’s London chapter store.

Beijing 2022 Unveil Olympic and Paralympic Winter Games Mascots
Sports

Beijing 2022 Unveil Olympic and Paralympic Winter Games Mascots

Meet Bing Dwen Dwen and Shuey Rhon Rhon.

MIT Scientists Accidentally Create the Blackest Black in the World
Tech

MIT Scientists Accidentally Create the Blackest Black in the World

Even more light-absorbing than Vantablack.

Patagonia Will Close Down Stores During Climate Strike
Fashion

Patagonia Will Close Down Stores During Climate Strike

Along with Burton and many others.

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Looks like you’re using an ad-blocker

We charge advertisers instead of our readers. Support us by whitelisting our site.

Whitelist Us

How to Whitelist Us

screenshot
  1. Click the AdBlock icon in the browser extension area in the upper right-hand corner.
  2. Under “Pause on this site” click “Always”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlock Plus icon in the browser extension area in the upper right-hand corner.
  2. Block ads on – This website” switch off the toggle to turn it from blue to gray.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlocker Ultimate icon in the browser extension area in the upper right-hand corner.
  2. Switch off the toggle to turn it from “Enabled on this site” to “Disabled on this site”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the Ghostery icon in the browser extension area in the upper right-hand corner.
  2. Click on the “Ad-Blocking” button at the bottom. It will turn gray and the text above will go from “ON” to “OFF”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the UBlock Origin icon in the browser extension area in the upper right-hand corner.
  2. Click on the large blue power icon at the top.
  3. When it turns gray, click the refresh icon that has appeared next to it or click the button below to continue.
screenshot
  1. Click the icon of the ad-blocker extension installed on your browser.You’ll usually find this icon in the upper right-hand corner of your screen. You may have more than one ad-blocker installed.
  2. Follow the instructions for disabling the ad blocker on the site you’re viewing.You may have to select a menu option or click a button.
  3. Refresh the page or click the button below to continue.