OverActive Media

OverActive Media (OAM), previously known as The Ledger Group, is a global 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 organisation MAD Lions, competing in Counter-Strike: Global Offensive and League of Legends as part of the League of Legends European Championship and Spain's SuperLiga Orange. The company is owned partly by Canadian R&B artist Abel Tesfaye (The Weeknd).

OverActive Media
Founded2018
Key people
Chris Overholt (President & CEO), Abel Tesfaye (Owner)
Subsidiaries
WebsiteOfficial website

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]

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.
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