Media trends

Esports network to launch New York, Los Angeles studios

A man playing video games
Photo: Getty Images/Gorodenkoff

Video Game Entertainment & News Network (Venn), a startup seeking to make 55 hours of esports content a week, plans to launch studios in New York and Los Angeles in mid-2020, the Los Angeles Times writes.

The big picture: The New York-based business has raised $17 million and is looking to become a gaming network, with distribution deals including Twitch, YouTube and Hulu TV. The esports category has expanded in popularity, particularly with young people, with platforms like Twitch allowing gamers to grow more connected by streaming their activities.

Exclusive: Michael Bloomberg's new climate ad buy

 Michael Bloomberg, addresses the NAACP's 110th National Convention at Cobo Center on July 24, 2019 in Detroit, Michigan.
Former New York City Mayor Michael Bloomberg addresses the NAACP in Detroit, Michigan, in July. Photo: Jeff Kowalsky/AFP/Getty Images

The Michael Bloomberg-backed Beyond Carbon campaign has launched a 6-figure digital ad buy just ahead of the 2-day climate forum with 2020 Democratic hopefuls that MSNBC is co-hosting Thursday and Friday.

Where it stands: The campaign — running on Facebook, Instagram, Twitter, and YouTube — features commentary from former New York City mayor Bloomberg, Hip Hop Caucus CEO Rev. Lennox Yearwood Jr. and others.