Game publisher Hi-Rez Studios and esports team organization World Esports Association (WESA) announced that Facebook will be the exclusive livestreaming partner for the new Paladins Premier League.
The move takes Facebook further into esports, which is on its way to becoming a $1.5 billion industry by 2020, according to market researcher Newzoo. The Paladins esports league will launch in the fall with 10 teams from WESA, and it will give amateur players a path to compete at a professional level through Facebook Groups. This is one of Facebook’s deepest dives yet into organized esports. Every esports observer has said that ultimately, broadcast revenues will generate the most revenue for esports, as it does with traditional sports leagues.
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