After closing its acquisition of FaZe Clan in March, GameSquare has spun off its creators and non-esports assets into FaZe Media, welcoming Draft Kings CEO Kalish as an investor and board member
From Left to Right: Justin Kenna (CEO, GameSquare), Yousef "FaZe Apex" Abdelfattah (COO, FaZe Media), Matt Kalish (President and Co-Founder, DraftKings North America and FaZe Media Board Member), Thomas "FaZe Temperrr" Oliveira (President, FaZe Media), Richard "FaZe Banks" Bengtson (CEO, FaZe Media).
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GameSquare spins off creator-focused FaZe Media, raising $11M

  • Posted byby Jordan Fragen
  • Updated
  • 3 min

On the heels of completing its acquisition of FaZe Clan, GameSquare announced plans to spin off the brand’s creators and non-esports assets into FaZe Media. The gaming conglomerate backed by Jerry Jones and the Goff family will still own a majority of FaZe Media. However, Matt Kalish, cofounder and President of DraftKings, will own a minority stake thanks to a new $11 million investment.

Critically, FaZe Media plans to return creative control to the personalities that built the brand in the first place. Richard “FaZe Banks” Bengston, one of FaZe Clan’s founders will lead the brand new creator-led IP and media company.

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