ENVY GAMING RAISES $40 MILLION INVESTMENT LED BY TV COMPANY GRAY TELEVISION
A HUGE INVESTMENT.
Alongside their leading $28.5 million investment, Gray Television will name two directors to Envy Gaming’s board of directors.
A HOUSEHOLD NAME.
Envy Gaming not only fields esports teams in Call of Duty but also has a roster of streamers and content creators.
Dallas-based rapper Post Malone also joined as a co-owner in August 2020.
Gray Television is “one of the largest owners of television stations in the U.S., reaching approximately 24% of U.S. television households.”
“We’re excited to lead this investment in Envy Gaming, an organization known for breaking ground and pushing the limits of what the future holds for gaming and entertainment.”
– GRAY TELEVISION
“From the first time we talked to Gray, it became evident to me that our leadership team and winning culture at Envy had found a perfect partner to help continue our great success.”
– MIKE HASTR0
Envy also launched a membership program for their most dedicated fans in November.