Skip to main content

Up to 105 million: Futbin sold to media group

Anyone who has already dealt closer to FIFA Ultimate Team (FUT) and the countless objects of popular mode, should also know Futbin. The platform acts as a trusted database for the virtual cards, which creates EA Sports a significant part of its turnover.

But not only for the FIFA developer is a profitable business, even the founders of Futbin now benefit from their undertaking. The platform is sold for up to 105 million euros to the media group of Better Collective, as this has been announced in the context of a press release on Tuesday.

Advertising sales and subscription degrees

Better Collective diversifies the own portfolio, after most recently the Counter Strike Web Portal Hltv.org had been adopted. So far, the media group generated the vast major part of its profit by revenue related to sports bets.

With the Acquisition of Futbin, Better Collective opens up a monetary source, which is primarily based on advertising sales and subscriptions. This should be another step towards the goal of becoming the "leading media group for digital sports" - In addition, Futbin brings great range with it.

199 RATED!! GREATEST FUT DRAFT IN FIFA HISTORY! (FIFA 19)

Futbin team should be taken over

50 million monthly visits and three million daily users leads Better Collective as key figures for the database and related domains into the field. In the past twelve months, Futbin has generated 13 million euros to revenue, which has been a growth rate of 55 percent since 2019.

The team behind Futbin should be taken over and the platform will also be given their expertise in the future. Better Collective pries the cost-intensive newcomer as a "World's Leading Esport brand in terms of FIFA". In the course of the purchase, the income targets were raised for 2022 from 80 to 85 million euros.

The guaranteed price for Futbin is 75 million euros, of which 70 million in traditional currency and five million share shares in the media group are paid out. The possible additional 30 million euros are meanwhile dependent on "certain financial performance criteria".

Labels:

Comments

Post a Comment

Popular posts from this blog

Union coach Fischer expects "very heavy game" against FC St. Pauli

Trainer Urs Fischer Despite the absence of Bayern Munich and Borussia Dortmund in the quarter-finals of the DFB Cup, the Bundesliga club Union Berlin does not think of the very big litter in the quarterfinals of the DFB Cup. "It's a quarter-final. And in order to be in the final, you first have to get it into the semifinals and then into the final," said the Swiss in front of the duel with the second division FC St. Pauli on Tuesday (20.45 / ARD and Sky ). The hamburgers take fishermen on the way to the final on May 21 in the Berlin Olympic Stadium very seriously. The third of the 2nd league is "a team that moves around the climb," he said. "If I think of the last game, beat Dortmund at home. It is a team that tries to find playful solutions," so fisherman continue: "That will be a very difficult game."
Post a Comment
Read more

Vanuatu says participation in World Cup

Due to a Corona eruption in the team, the Pacific State of Vanuatu had to cancel its participation in the current World Cup qualification tournament of the Oceanic teams in the host country Qatar . This shared the football confederation Oceania ofc on Saturday. "Since the vast majority of the squad has been positively tested on Covid-19, Vanuatu informed the FIFA about his withdrawal from the tournament," it says in the message. Already on Thursday, the opening part of Vanuatus had to be canceled against Tahiti due to the outbreak. "Until further notice, Vanuatu World Cup qualifiers apply as canceled," says it in the statement. In addition to Vanuatu, the Cook Islands also struggle with the virus and had to cancel their second game against Tahiti on Sunday also said the OFC. The eight teams comprehensive tournament, where New Zealand participates, ends on March 30th. The winner will travel again in June to Qatar and meet the fourth places of the South Am...
Post a Comment
Read more

Rating: Die for you is the spectacular Official Musical Video of Valuing Champions 2021

Yesterday, Monday, November 22 Riot Games launched the animated clip of Die For You, the first musical theme of Valorant Champions Tour. With the launch, the developer maintains the tradition that started a few years ago with that he has been in League of Legends: the iconic themed songs of the World Cup. See the official video clip at the beginning of this article. The clip shows known gambling agents such as Phoenix, Sage and Brimstone, showing their characteristic skills and facing their own internal conflicts in a narrative musical video. The song is carried out in collaboration with Rabbit, a US musician specialized in electronic music. The Valorant Champions Tour 2021 will be held from 1 to 12 December in the German city of Berlin, in face-to-face format, despite the rebound of the Covid-19 pandemic in Central European. On the part of Europe, AMEND, FANATIC and Team Liquid will be, while Latin America will be represented by the team of Run Ague, GRU Esports. Content of M...
Post a Comment
Read more