OverActive Media

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OverActive Media
TSX-V: OAM
FoundedThe Ledger Group (2018-2019) OverActive Media (2019-Present)
Key people
The Weeknd (Owner) Chris Overholt (President & CEO)
Subsidiaries
WebsiteOfficial website

OverActive Media (OAM), previously known as The Ledger Group, is a Esports and Entertainment Company that fields teams across multiple esports titles through its subsidiaries, including the Overwatch League and Call of Duty League. They also own esports organization MAD Lions, competing in Counter-Strike: Global Offensive and League of Legends as part of Spain's SuperLiga Orange and the League of Legends European Championship, respectively.

History[]

OverActive Media's was originally branded as The Ledger Group, a Toronto-based group focused on blockchain-enabled companies.[1] In April 2018, the company announced that it would look to expand in esports franchises. The Ledger Group went on to make investments in Askott Entertainment and Enthusiast Gaming, and after a $1.5 million investment in Splyce, they shifted from an investment platform to an ownership platform and rebranded to OverActive Media.[2][3] On November 21, 2018, OAM announced that it entered an agreement in principle to acquire Splyce.[4]

In February 2021, OverActive Media announced a new performance venue, scheduled to open in 2025. The $500 million project includes a theatre-style entertainment venue and hotel complex, and will be located in the historic Exhibition Place. The facility plans to host over 200 events per year, including concerts, conventions, corporate events and product launches, as well as being the home to the Toronto Ultra and the Toronto Defiant.[5]

References[]

  1. ^ "Big Names from the Traditional Sports World Contribute to Splyce's $2.6 Million Funding Round". Abacus3. July 25, 2018. Retrieved October 25, 2019.
  2. ^ Mitrevski, Lydia (April 25, 2019). "Splyce gains $1.5m investment from The Ledger Group". Esports Insider. Retrieved October 25, 2019.
  3. ^ Ashton, Graham (April 25, 2018). "The Ledger Group to Invest $1.5M in Splyce". The Esports Observer. Retrieved October 25, 2019.
  4. ^ Hayward, Andrew (November 21, 2018). "Update: OverActive Media Group Fully Acquires Splyce". The Esports Observer. Retrieved October 25, 2019.
  5. ^ Senra, Paulo. "OverActive Media plans to build iconic performance venue". OverActive Media. Retrieved February 22, 2021.{{cite news}}: CS1 maint: url-status (link)

External links[]

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