|By PR Newswire||
|April 20, 2017 09:15 AM EDT|
BEVERLY HILLS, Calif., April 20, 2017 /PRNewswire/ -- Vision Venture Partners (VVP), a private equity firm that combines decades of business success and value creation from the high tech, video game professional and lifestyle industries has announced the formation of Vision Entertainment, an original content creator and production studio delivering innovative scripted and unscripted TV, Film, Live Event and Online projects.
Vision Entertainment has already developed and produced seven original content esports shows currently airing on Facebook Live. Additionally, VE is collaborating with Facebook Live to stream esports performances featuring many of the professional athletes competing for VVP's Echo Fox esports organization.
This major move is expected to increase the esports audience beyond the hardcore gamers who currently consume esports content on other platforms. "Facebook views esports as a growing video content area on our platform so we're thrilled about the opportunity to work with Vision Entertainment and Echo Fox," said Patrick Chapman, from gaming and esports partnerships at Facebook.
VE is also bringing esports to the national broadcast stage this week in a partnership with the CW. On April 20th, the CW airs the televised "H1Z1: Fight for the Crown" competition twice (at 6 and 9 PM PT). The competition will pit 15 esports teams, including the Echo Fox pro H1Z1 team, against each other in a "last man or woman standing format" for a share of a $300,000 prize pool. Each team competing had to be certified through VVP-owned Twin Galaxies, the video game industry's long time equivalent of the Guinness Book of World Records. The CW also created a five-part documentary series based around Echo Fox's team selection process and preparation for the competition.
"We're excited to launch Vision Entertainment by showcasing these CW and Facebook Live collaborations," said Stratton Sclavos, a VVP founding partner and former CEO of security and internet services company Verisign. "Working with these companies will help VE in its mission to bring innovative and immersive original content to the rapidly growing "Generation Always" audience who are always connected, always social, always mobile, always interacting and always aware."
VE's Generation Always orientation is not age-specific, added Jace Hall, a VVP partner and gaming industry legend who has designed and published many successful game titles. "A really tired misnomer about gamers is that most age out of playing," he said. "We've found a large audience of gamers who stay engaged as players and esports fans and we're targeting them all," said Hall, the former executive vice president and general manager of Warner Brothers Interactive Entertainment.
Hall has been deeply involved in creating digital entertainment content at HDFilms, alongside Kristin Holt president of production and development at Vision Entertainment. Their prolific team imagines, develops, produces, edits, and delivers scripted/unscripted content for video gaming, esports, comedy and other entertainment segments. Holt and Hall have created more than 50 programs through HDFilms including the popular ABC TV Series "V" and Hulu's first original program "The Morning After."
The newly-launched VE operates from a nearly 30,000 square-foot Beverly Hills office featuring 75 private office suites, three production studios and an esports training facility. The headquarters, also home for VVP, is built to grow and will enable VE to continue creating original content for esports and other entertainment categories targeted at live broadcast, video-on-demand and online distribution.
With a rapidly expanding content slate, VE is in active discussions with media agencies and well known brands looking to sponsor and advertise on one or more VE projects. As part of the CW "H1Z1: Fight For the Crown" broadcast, VE is partnering with ASUS Republic of Gamers (ROG) which will have a major branding presence throughout the broadcast. HDFilms has previously created entertainment content for a wide array of clients including Amazon, Daybreak, FX, Hulu, HyperX, IGN, Sony, Twitch and Warner Brothers.
The Facebook Live shows, all developed and produced in-house, are "Game Talk Live," https://www.facebook.com/GameTalkLive/ "Tauntfest," https://www.facebook.com/pg/tauntfest/posts/?ref=page_internal; "Happy Hour,"
Dragon's & Stuff,"Cos-Play with Alicia Marie," "Settle It on the Screen," and "Best of The Jace Hall Show" Seasons 1-5.
For more information, see: www.visionentertainment.us
About Vision Entertainment
Vision Entertainment (VE), a Vision Venture Partner entity, has become a market leader in producing original content for esports, video gaming, comedy and other popular segments of the entertainment industry. Combined with the deep content library and production services capabilities of HDFilms, VE is a full-service, production house buzzing with the creative energy and passion necessary to produce network series, made-for-primetime specials and live events for broadcast or online streaming. VE is leading the industry in producing content for Generation Always: today's consumer who is always connected, always social, always fun, always mobile, always interactive, always multi-tasking, always serious and always aware.
About Vision Venture Partners
Vision Venture Partners (VVP) is a private equity firm formed by Amit Raizada, Rick Fox and Stratton Sclavos. Drawing on its Partners many decades of business and personal success, VVP is focused on finding or creating operating companies in a wide variety of high-growth markets including technology, esports and video gaming, digital content production and lifestyle brands in food and beverage. VVP is focused on finding and nurturing entrepreneurs and companies that are building a new generation of services for the Generation Always consumer – today's consumer who is always connected, always social, always fun, always mobile, always interacting, always multitasking, always serious, always aware.
Through the principles' experience, relationships and access to capital, VVP provides its operating companies with a proven recipe for long term success - hire the right people, develop a compelling product or service, execute an aggressive go-to-market strategy and efficiently deploy capital to grow and capture a leadership position in the market.
Director of Public Relations
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SOURCE Vision Venture Partners
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