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BRICS Championship in Moscow Sparks Controversy as RESF and CBDEL sign Cooperation Agreement

In the world of esports, a recent event has stirred up more than just competitive spirit. The BRICS Esports Championship, held in Moscow, Russia, has become a focal point of controversy amidst the ongoing Russia-Ukraine war. The event, which spotlighted the popular franchise TEKKEN, has raised questions about the intersection of esports, international relations, and ethical considerations in a time of geopolitical tension.

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The Controversial Agreement

The agreement signed between the Russian Esports Federation (RESF) and the Brazilian Confederation of Esports (Confederação Brasileira de Desportos Eletrônicos, CBDEL) was a significant moment in esports diplomacy. This agreement, aimed at fostering closer ties and mutual participation in esports events, was seen by many as a bold move, especially considering the ongoing international scrutiny of Russia due to its actions in Ukraine.

BRICS Championship in Moscow Sparks Controversy as RESF and CBDEL sign Cooperation Agreement

Daniel Cossi, WESCO CEO, President of the Confederação Brasileira de Desportos Eletrônicos, Executive Board Member of the International esports Federation (IeSF), and PAMESCO Vice President writes on his LinkedIN:

I have been in Moscow, Russia, at the BRICS ESPORTS Championship, this time the franchise TEKKEN was under the spotlight. Also, I have been with my friends from RESF – Russian Esports Federation, to sign agreement of exclusive and mutual recognition, and the intention of participating at events from both parts, and through BRICS ESPORTS, between CBDEL – Brazilian Confederation of Esports ( @cbdelesports ) and RESF – Russian Federation of Esports ( @russian_esports ). President of RESF, Mr. Dimitry Smith and Special Advisor for RESF, Mr. Konstantine Surkont, were with me and signed the agreement. The BRICS 2023 competition, it’s an initiative directly from the Russian Federal Govern to promote esports between the BRICS countries. Next year the host country will be China, and in 2025, Brasil is going to host the competition. The Brazilian athletes from the Brazilian National Esports Team were with me, and I am gonna present them all, and what happened at the CBDEL Instagram and other social medias profiles ( @cbdelesports ).

Critics of the agreement argue that it undermines the efforts of the international community to isolate Russia as a response to its military actions. They fear that such collaborations could be perceived as a softening of the global stance against Russia, potentially diluting the impact of sanctions and diplomatic pressures.

The Role of Esports in Diplomacy

Supporters of the event, however, see it in a different light. They argue that esports can serve as a neutral ground, a platform for diplomacy and dialogue, even amidst political tensions. Dmitry Smit’s remarks about cybersports crossing boundaries in favor of personal interaction encapsulate this sentiment. The success of the event, with participants from diverse geopolitical backgrounds, is cited as evidence that esports can bridge divides and foster a sense of global community.

The Future Games and Russia’s Role

The announcement of the Games of the Future and the Friendship Games by Russian Deputy Prime Minister Dmitry Chernyshenko adds another layer to the debate. These events, focusing on cutting-edge technology and offering substantial prize money, are seen as Russia’s attempt to establish itself as a key player in the global esports and tech arena. This move is viewed by some as an effort to circumvent the isolation imposed by the international community and to create a new sphere of influence in the rapidly growing world of esports and digital entertainment.

Ethical Dilemmas and International Response

The ethical dilemmas posed by these developments are complex. On one hand, there is a recognition of the need to maintain diplomatic and cultural exchanges, even with nations facing international censure. On the other hand, there is a fear that such exchanges could inadvertently legitimize or normalize actions that are widely condemned.

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The international response to these developments has been varied. Some esports organizations and players have expressed discomfort and have called for a more cautious approach to international collaborations involving nations embroiled in geopolitical conflicts. Others advocate for the apolitical nature of sports and esports, arguing that such platforms should not be used for political purposes.

Conclusion

As the dust settles on the BRICS Esports Championship in Moscow, the esports world finds itself at a crossroads. The decisions made in the coming months and years will shape not just the future of esports, but also its role in the broader context of international relations and ethical responsibility. The controversy surrounding the Moscow event is a clear indication that the world of esports cannot remain isolated from the larger geopolitical landscape. How it navigates these choppy waters will be a test of its maturity and its ability to balance the love of the game with the realities of the world it inhabits.

Previous Reporting by ELN on Russia’s Esports Law

This recent controversy comes on the heels of an earlier report by Esports Legal News (ELN) on Russia’s introduction of a controversial esports law. As detailed in our 24 November 2023, article, Russia plans to pass a law that effectively allows the bypassing of game licensing agreements for esports events. This move, seen by many as a direct challenge to the established norms of intellectual property rights in the gaming industry, has further complicated Russia’s standing in the global esports community. The law, which critics argue undermines the legal framework that protects game developers and publishers, has been viewed as another example of Russia’s willingness to flout international norms for its own advantage. This context adds another layer of complexity to the BRICS Esports Championship and the subsequent agreements, as it raises questions about the legal and ethical implications of collaborating with a nation that has shown a readiness to sidestep international legal standards in the realm of digital entertainment and esports.

Author

  • Leonid Shmatenko

    Leonid Shmatenko is part of Eversheds Sutherlands’ data protection and technology law team. He has vast experience in regulatory and general issues in the areas of eSports and Blockchain. He advises eSports associations and clubs on all legal issues, advises and supports crypto startups in all matters from planning, preparation to execution of private and public token offerings (so-called Initial Coin Offerings or ICOs). Furthermore, Leonid Shmatenko specializes in international arbitration and has participated in several arbitration proceedings (SAC, ICC, DIS, UNCITRAL, ICSID, ad hoc) as a party representative and secretary of the tribunal. Leonid Shmatenko studied at the Heinrich Heine University in Düsseldorf and is currently pursuing a PhD in international law. After his successful first state examination (2011), he completed his legal clerkship, inter alia, at the German Embassy in Lima and within international law firms in Düsseldorf and Paris. He passed the second state examination in 2015. He is an external lecturer at the National Law University of Ukraine “Yaroslav Mudryi”, where he teaches International Investment Law. He is admitted to the Bar in Switzerland and Germany. Before joining Eversheds Sutherland, Leonid Shmatenko worked as an attorney at leading law firms in Geneva, Munich and Paris.

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Esports Washing: A New Chapter in Russian Esports with the Formation of ARKI

The landscape of Russian esports is undergoing a transformative shift with the formation of the Cyber Sports Infrastructure Development Association (ARKI), another initiative for ‘esports washing’. Industry giants, led by Langame, a developer of specialized software for cyber clubs, are uniting to advance the sector. Dmitry Lukin, the founder of Langame, and Pavel Golubev, the company head, have pioneered this initiative.

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Esports Washing in Russia ARKI | ELN

A Unified Front in Russian Esports

The Russian esports industry is witnessing a significant transformation and another step in esports washing as major players unite to form the Cyber Sports Infrastructure Development Association (ARKI). Spearheaded by Langame, a developer of specialized software for cyber clubs, ARKI promises to redefine the esports landscape in Russia.

Founded by Langame’s founder, Dmitry Lukin, and company head Pavel Golubev, ARKI is already gaining traction with prominent cyber club networks like Colizeum, True Gamers, and CyberX, as well as EZ Katka and F5 Cyber Sports Center, joining as members. This move signifies a united effort to bolster the industry’s growth and address the challenges it faces, including taxation and regulatory recognition.

The establishment of ARKI marks an era of proactive engagement for the industry. With 460 clubs under Colizeum, 114 arenas across Russia and CIS under True Gamers, and 220 clubs with CyberX, the association commands a significant presence in the esports sector. ARKI is not just for club networks but is open to hardware suppliers, software developers, and representatives from gaming industries and esports organizations, reflecting a comprehensive approach to industry challenges.

Navigating the Tax Jungle

One of ARKI’s primary goals is to advocate for the inclusion of cyber clubs and esports arenas in the patent tax system, a move that would simplify the tax process by allowing clubs to pay a fixed sum based on their specific type and location of operations. This system could replace the traditional tax declaration and payment process, offering a streamlined approach beneficial for smaller entities.

“The introduction of a tax system tailored for esports arenas and cyber clubs could significantly ease the bureaucratic burden these entities currently face,”

a Langame spokesperson explained.

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Redefining Esports as a Sport

In addition to tax reform, ARKI aims to work on the legislative recognition of computer clubs and esports arenas as official sports venues. This recognition could transform how these entities operate and are perceived within the wider sports and recreational sectors.

The move towards forming ARKI is seen as a logical step in the evolution of the esports industry, which has already surpassed movie theaters in revenue generation. Many clubs are privately owned and categorize their revenue under equipment rental, which aligns with ARKI’s interest in patent tax utilization, indicating a strategic move towards financial optimization and regulatory compliance.

Moreover, Vasily Ovchinnikov, head of the Video Game Industry Development Organization, supports this initiative, highlighting its potential to dismantle barriers and foster growth. He notes the complex nature of the current system where computer clubs are taxed similarly to entertainment segments, which ARKI could address through its advocacy for beneficial tax positions and legislative recognition.

Esports vs. Traditional Entertainment: A Financial Juggernaut

The formation of ARKI is not merely a business maneuver but a reflection of the esports industry’s growth trajectory, which now outpaces traditional cinema in terms of revenue.

“The esports industry has evolved from a niche entertainment sector to a major economic entity, necessitating a formal structure like ARKI to advocate for its interests,”

noted Vasily Ovchinnikov, head of the Video Game Industry Development Organization. However, this rapid growth has not been without its challenges. The existing tax regime, tailored more towards general entertainment than competitive gaming, imposes a significant financial burden on club owners, who often categorize their revenues under equipment rental to mitigate tax liabilities.

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Interestingly, the Russian Esports Federation (RESF) of Russia, established in 2016, has also been active in promoting the interests of the industry, achieving recognition of esports as an official discipline, and advocating for benefits such as military service deferments for esports athletes. However, ARKI’s formation signifies a broader coalition aiming to enhance the structural and regulatory framework of the esports industry further.

Sporting Venue or Recreational Facility? The Ongoing Debate

The distinction between recreational and sporting venues becomes particularly poignant in locations where alcohol sales can coexist with esports activities, as in shopping centers.

“The coexistence of alcohol sales and esports competitions in the same venues complicates their classification and requires careful regulatory consideration,”

Ovchinnikov added. This situation necessitates a clear regulatory framework to distinguish between purely entertainment-oriented clubs and those that genuinely foster competitive esports.

The Future of Russian Esports

For the industry, the stakes are high, and the potential is immense. With esports clubs seeing a 15% revenue increase in 2023 alone, reaching 23 billion rubles, the formation of ARKI could be the cornerstone of a new developmental phase for Russian esports. This unified approach could not only address immediate financial and regulatory challenges but also pave the way for a sustainable and recognized esports ecosystem in Russia.

Russia’s Esports Strategy

While the strategic formation of ARKI highlights the potential of Russian esports, it also casts a light on a broader tactic often seen in Russian governance: leveraging emerging industries like esports to project a modern, technologically advanced image while possibly overlooking deeper systemic issues such as regulation and international perception. This ‘esports washing’ raises questions about the sincerity of efforts to nurture the industry organically versus using it as a facade for enhancing national prestige.

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With material from: kommersant.ru

Author

  • Leonid Shmatenko

    Leonid Shmatenko is part of Eversheds Sutherlands’ data protection and technology law team. He has vast experience in regulatory and general issues in the areas of eSports and Blockchain. He advises eSports associations and clubs on all legal issues, advises and supports crypto startups in all matters from planning, preparation to execution of private and public token offerings (so-called Initial Coin Offerings or ICOs). Furthermore, Leonid Shmatenko specializes in international arbitration and has participated in several arbitration proceedings (SAC, ICC, DIS, UNCITRAL, ICSID, ad hoc) as a party representative and secretary of the tribunal. Leonid Shmatenko studied at the Heinrich Heine University in Düsseldorf and is currently pursuing a PhD in international law. After his successful first state examination (2011), he completed his legal clerkship, inter alia, at the German Embassy in Lima and within international law firms in Düsseldorf and Paris. He passed the second state examination in 2015. He is an external lecturer at the National Law University of Ukraine “Yaroslav Mudryi”, where he teaches International Investment Law. He is admitted to the Bar in Switzerland and Germany. Before joining Eversheds Sutherland, Leonid Shmatenko worked as an attorney at leading law firms in Geneva, Munich and Paris.

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ELN Announcement: Launch of Esports Legal Wiki and a Call for Papers

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ELN Announcement Launch of Esports Legal Wiki

We are thrilled to announce the official launch of the Esports Legal Wiki, a groundbreaking new resource in the field of esports law, edited by Dr Despoina Farmaki and Leonid Shmatenko. This comprehensive digital encyclopedia features over 60 detailed legal definitions and analyses authored by a distinguished panel of experts in the esports legal domain. We extend our heartfelt thanks to the following contributors for their invaluable insights and expertise:

Esports Legal News (ELN) is also excited to promote Dr. Despoina Farmaki to Chief Academic Officer. Dr. Farmaki, who has played a pivotal role in the development of the Esports Legal Wiki, will not only oversee the finalization of this extensive project but will also spearhead an exciting new academic initiative set to be unveiled in the first quarter of 2025.

We invite scholars and practitioners from around the world to contribute to the Esports Legal Wiki. Your submissions will help ensure that this platform remains a cutting-edge, authoritative source for legal professionals, scholars, and anyone interested in the legal aspects of esports.

To participate, please refer to the attached call for papers and submission guidelines. Your contributions are crucial to the success and continual growth of this essential legal resource.

Thank you to all our contributors and supporters for making this project possible. We look forward to your ongoing engagement and to revealing further innovations in the near future.

If you wish to cite the Esports Legal Wiki in your scholarly works, the suggested citation is: “Author’s name, “Term”, in: Farmaki/Shmatenko (eds.), ELN Esports Legal Wiki, Link to Wiki entry, Last updated.”

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Author

  • Leonid Shmatenko

    Leonid Shmatenko is part of Eversheds Sutherlands’ data protection and technology law team. He has vast experience in regulatory and general issues in the areas of eSports and Blockchain. He advises eSports associations and clubs on all legal issues, advises and supports crypto startups in all matters from planning, preparation to execution of private and public token offerings (so-called Initial Coin Offerings or ICOs). Furthermore, Leonid Shmatenko specializes in international arbitration and has participated in several arbitration proceedings (SAC, ICC, DIS, UNCITRAL, ICSID, ad hoc) as a party representative and secretary of the tribunal. Leonid Shmatenko studied at the Heinrich Heine University in Düsseldorf and is currently pursuing a PhD in international law. After his successful first state examination (2011), he completed his legal clerkship, inter alia, at the German Embassy in Lima and within international law firms in Düsseldorf and Paris. He passed the second state examination in 2015. He is an external lecturer at the National Law University of Ukraine “Yaroslav Mudryi”, where he teaches International Investment Law. He is admitted to the Bar in Switzerland and Germany. Before joining Eversheds Sutherland, Leonid Shmatenko worked as an attorney at leading law firms in Geneva, Munich and Paris.

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Takaze’s Take: Free the Agents – Sexism and Misogyny in the Esports Business

This new format of an article (Takaze’s Take) explains how an eathlete can file a discrimination lawsuit in the USA. This article also discusses women in sports.

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Takaze's Take: Free the Agents

On 28 February 2024, Josefine Jensen, a member of Astralis’ Women’s Counter-Strike team, took a stand. She Xed a letter to Valve Corporation, demanding a change in their business practices. Specifically, she urged them to make female agent skins free to use in Counter-Strike. This issue, she believes, is not just about Skins but about the deep-rooted sexism and misogyny that pervades the esports industry. 

The esports world has a rich history of mistreating women.[1] However, women in America do have a way to counterattack. For example, suppose the misandrist is someone you work with. In that case, you can file a Charge of Discrimination with the Equal Employment Opportunity Commission (EEOC).[2] 

The EEOC enforces “federal laws that make it illegal to discriminate against a job applicant or an employee because of the person’s race, color, religion, sex, national origin, age, disability, or genetic information.”[3] If you sign and file a Charge of Discrimination, you are “asserting that an employer, union or labor organization engaged in employment discrimination.”[4] You must file a Charge of Discrimination with the EEOC before you can sue your employer for discrimination.

Takaze’s Take

Filing a Charge of Discrimination is not your only option. In fact, as the war against Diversity, Equity, and Inclusion (DEI) intensifies, the EEOC may be unable to protect you. Unfortunately, your enemies intend to compel the EEOC to enforce the status quo.[5] If DEI is important to you, then a showdown with your adversaries may be inevitable. 

Mr. Monopoly’s Wisdom

Your opponents view DEI as a zero-sum game. Fear and insecurities are at the center of the conflict.[6] We ought to celebrate your accomplishments.[7] Instead, your adversaries recognize that these fears and insecurities make their followers susceptible to viewing your success as a threat.[8] Mr. Monopoly can help you understand the schism. Until recently, your enemies owned the entire board. Their rule was ruthless and absolute. Over time, your foes’ forefathers were forced to make half-hearted concessions. Your forebears were given Mediterranean Avenue—Connecticut Avenue. Their adversaries expected them to be content. 

Those whose shoulders you stand upon continued to press the issue. You landed on Atlantic Avenue, and your sights are set on Boardwalk. The last seven to eight years in American politics should have clarified one thing for you: Your enemies consider your desire to own Boardwalk wholly unacceptable. 

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Their Strategy

Your enemies are clever.[9] They copied the tactics of Civil Rights activists.[10] Now, your opponents are erasing them from your history books.[11] Their recent legislative and judicial victories show that your adversaries are reaping the rewards of their efforts.[12] Your enemies likely believe their victory will be absolute if they can expunge the history of your forebears.

The Counter-Strike

The sports and entertainment worlds have not acquiesced to your enemies’ demands.[13] As we enter the next phase of the streaming wars, alienating marginalized groups is a surefire way to lose.[14] You can leverage the pursuit of profits to your advantage. For example, working at the FDIC was a never-ending party until the Wall Street Journal arrived.[15]The author hopes that soon, every woman will feel safe in the workplace. Perhaps your enemies feel secure because the esports world is not mainstream. The author hopes you show them that they are misreading the tea leaves.

The spotlight is shining brightly upon the women’s sports universe. The WNBA and ESPN plan to capitalize on Caitlin Clark and Angel Reese’s fame.[16] The NWSL is expanding.[17] Private equity firms are investing heavily in the sports world.[18] The NFL is arriving fashionably late to the dance, but their dance card is undoubtedly full.[19] The esports world claims to be unhappy with its dependence upon the Saudis, and the business model needs to be tweaked.[20]Investors not chosen by the major sports leagues will need a date. If DEI is important to you, now may be the time to press the issue. 

Advance your token to Boardwalk.

Image source: Netcompany

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[1] Ajay Rose, Inside the World of Female esports: “It’s a Scary Space for Women’, The Athletic (Jul. 23, 2023), https://theathletic.com/4635621/2023/07/23/inside-the-world-of-female-esports/.

[2] Filing a Charge of Discrimination with the EEOChttps://www.eeoc.gov/filing-charge-discrimination (last visited Apr. 7, 2024).  

[3] Overviewhttps://www.eeoc.gov/overview (last visited Apr. 7, 2024). 

[4] Id.

[5] Robert Draper, America First Legal, a Trump-Aligned Group, Is Spoiling for a Fight, N.Y. Times (Mar. 21, 2024), https://www.nytimes.com/2024/03/21/us/politics/stephen-miller-america-first-legal.html?smid=nytcore-ios-share&referringSource=articleShare&ugrp=c&pvid=E1F42499-3ECC-4095-9233-0DA8057CA02A&sgrp=c-cb.

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[6] Why Young Men and Women Are Drifting Apart, The Economist (Mar. 13, 2024), https://www.economist.com/international/2024/03/13/why-the-growing-gulf-between-young-men-and-womenMaking Sense of the Gulf Between Young Men and Women, The Economist (Mar. 14, 2024), https://www.economist.com/leaders/2024/03/14/making-sense-of-the-gulf-between-young-men-and-women.

[7] Aparna Rae, White Men’s Role in Advancing Equity and Inclusion, Forbes (Mar. 14, 2024), https://www.forbes.com/sites/aparnarae/2024/03/14/white-mens-role-in-advancing-equity-and-inclusion/?sh=6f4d22b85b5f.

[8] Nicquel Terry Ellis & Catherine Thorbecke, DEI Efforts are Under Siege. Here’s What Experts Say is at Stake, CNN (Jan. 11, 2024), https://www.cnn.com/2024/01/07/us/dei-attacks-experts-warn-of-consequences-reaj/index.html.

[9] Nicholas Confessore, ‘America is Under Attack’: Inside the Anti-D.E.I. Crusade, N.Y. Times (Jan. 20, 2024), https://www.nytimes.com/interactive/2024/01/20/us/dei-woke-claremont-institute.html; Meg Little Reilly, Anti-DEI Bills Rely on Vague Language and Self-Censorship, Forbes (Mar. 5, 2024), https://www.forbes.com/sites/meglittlereilly/2024/03/05/anti-dei-bills-rely-on-vague-language-and-self-censorship/?sh=75b5535b1742.

[10] James Devitt, Bayard Rustin’s Blueprint for Activism—and Perhaps Progresshttps://www.nyu.edu/about/news-publications/news/2023/august/bayard-rustin-s-blueprint-for-activism-and-perhaps-progress.html (last visited Apr. 7, 2024); Adam Gopnik, Eclipsed in His Era, Bayard Rustin Gets to Shine in Ours, The New Yorker (Nov. 6, 2023), https://www.newyorker.com/magazine/2023/11/13/eclipsed-in-his-era-bayard-rustin-gets-to-shine-in-ours.

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[11] Taifa Natalee Alexander, Tracking the Attack on Critical Race Theory in Education, U.S. News (Apr. 11, 2023), https://www.usnews.com/opinion/articles/2023-04-11/tracking-the-attack-on-critical-race-theory-in-education;  Daniel Golden, Muzzled by DeSantis, Critical Race Theory Professors Cancel Courses or Modify Their Teaching, ProPublica (Jan. 3, 2023), https://www.propublica.org/article/desantis-critical-race-theory-florida-college-professors; Myles Hollingsworth, AP African American Studies and Critical Race Theory Ban in Florida, The Crisis (July 24, 2023), https://naacp.org/articles/ap-african-american-studies-and-critical-race-theory-ban-florida;  David Bernstein, Is Opposition to Critical Race Theory Correlated With Ignorance of Critical Race Theory?, Reason (Apr. 2, 2024), https://apple.news/AQmeDx-k2Te6xfEP5a69ndg.

[12] Jeff Green & Simone Foxman, Why Corporate America Has a Diversity Problem, Bloomberg (Mar. 14, 2024), https://www.bloomberg.com/news/articles/2024-03-14/video-why-corporate-america-has-a-diversity-problem.

[13] Bill King, The Pushback on DEI, Sports Business Journal (Mar. 11, 2024), https://www.sportsbusinessjournal.com/Articles/2024/03/11/dei-pushback; Jeremy W. Peters & Brooks Barnes, The Oscars Now Have D.E.I. Rules, But Some Say It’s Just a Performance, N.Y. Times (Mar. 10, 2024), https://www.nytimes.com/2024/03/08/us/oscars-oppenheimer-dei-diversity.html.

[14] Dr. Darnell Hunt & Dr. Ana-Christina Ramon, Diverse Audiences Prop Up A Struggling Theatrical Industry and Demand Diversity on Screen, Forbes (Mar. 7, 2024), https://www.forbes.com/sites/drdarnellhuntanddranachristinaramon/2024/03/07/diverse-audiences-prop-up-a-struggling-theatrical-industry-and-demand-diversity-on-screen/?sh=3ff2cb78742d.

[15] Rebecca Ballhaus, ‘What the Hell is Going on at the FDIC?’, The Wall Street Journal (Jan. 10, 2024), https://www.wsj.com/articles/fdic-6d9e8bf1.

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[16] Jacob Feldman, WNBA Has Big Plans to Ride Women’s Basketball Momentum, Sportico (Apr. 4, 2024), https://www.sportico.com/leagues/basketball/2024/caitlin-clark-wnba-momentum-popularity-draft-marketing-1234773879/; Tom Friend, Engelbert: Clark-Reese Could be the New Bird-Magic, Sports Business Journal (Mar. 3, 2024), https://www.sportsbusinessjournal.com/Articles/2024/03/03/wnba-cathy-engelbert-caitlin-clark-angel-reese.

[17] Cleveland Soccer Group Announces 12k Season-Ticket Pledges for Possible NWSL Expansion Franchise, Sports Business Journal (Apr. 4, 2024), https://www.sportsbusinessjournal.com/Articles/2024/04/04/cleveland-ohio-nwsl-expansion-team-bid?hl=NWSL&sc=0&publicationSource=searchNWSL Enters 2024 Campaign with Renewed Hope Amid Offseason Growth, Sports Business Journal (Mar. 15, 2024), https://www.sportsbusinessjournal.com/Articles/2024/03/15/nwsl-2024-season-preview?hl=NWSL&sc=0&publicationSource=search.

[18] Arctos Partners Raises $4.1B for Investments in Sports, Sports Business Journal (Apr. 2, 2024), https://www.sportsbusinessjournal.com/Articles/2024/04/02/arctos-partners-deals?hl=private+equity&sc=0&publicationSource=search; Abby Schultz, The Wealthy are Turning to Sports for Diversification, Barron’s (Jan. 2, 2024), https://www.barrons.com/articles/the-wealthy-are-turning-to-sports-for-diversification-9726aaac.

[19] Ben Fischer, Explaining the Caution on Private Equity, Sports Business Journal (Mar. 28, 2024),https://www.sportsbusinessjournal.com/Articles/2024/03/28/explaining-nfl-private-equity-caution?hl=private+equity&sc=0&publicationSource=search.  

[20] Asli Pelit, In Fading Esports Business, Saudi Money Still Flows, Sportico (Mar. 15, 2024), https://www.sportico.com/business/sponsorship/2024/esports-investment-saudi-arabia-1234770868/.

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Author

  • Takaze Turner

    Takaze A. Turner, a distinguished figure at the intersection of entertainment and law, showcases a profound passion for anime, cinema, and gaming. His academic journey commenced at the Ohio State University, where he excelled in English, earning his degree with cum laude honors. Furthering his legal education, Takaze achieved his Juris Doctor from the University of Missouri School of Law, before embarking on specialized legal studies. He has since attained an LL.M. in Business Law from Florida State University College of Law and an LL.M. in Entertainment Law from the University of Miami School of Law. Currently, he is enhancing his expertise by pursuing an LL.M. in Taxation Law at the same institution. Takaze’s multifaceted legal education, coupled with his deep-rooted interests in entertainment, positions him uniquely within the legal landscape. His academic accomplishments reflect a dedicated pursuit of knowledge across various sectors of law, particularly those intersecting with the business and entertainment industries. At the core of his professional journey is a commitment to understanding and navigating the complex legalities surrounding entertainment and media, ensuring he remains a pivotal figure in legal discussions related to these dynamic fields. His ongoing pursuit of an LL.M. in Taxation Law further exemplifies his dedication to broadening his legal acumen, underscoring his role as a key contributor to the legal community, especially in areas where law meets entertainment and technology.

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