It's Tuesday January 5th. Welcome to Market Foolery. I'm Mark Reith and joining me in studio today from Motley Fool Pro,

J.P. Bennett and from Stock Advisor Canada Taylor Mukerman.

Gentlemen, happy Tuesday.

Indeed. Yeah, great happy Tuesday. Indeed.

Yeah, great to have you guys.

Not a great start to 2016 for the market, but how's your 2016 going so far, Taylor?

The first four days have been wonderful.

Yeah, JP.

It's too early to call it. Way to hedge your bets right out of

the gate, JP. Plenty to talk about today, but the first thing I want to touch on is a story

that's close to my heart. I'm a big

video game nerd. An Activision Blizzard, one of the biggest video game studios in the

world, it's the maker of Call of Duty and Destiny. They just bought

e-sports broadcaster Major League Gaming for $46 million.

And first of all, for the folks out there who maybe aren't gamers,

E-sports is a booming industry where people watch other people play video games via their smartphones, computers, even on live TV.

That may sound a little ridiculous to some out there, but it is a of Taylor is raising his hand but it is like I said

it's a booming industry the biggest deal in this industry was back in August

2014 when Amazon bought twitch for nearly a billion dollars so this this Activision deal, JP, is a little bit smaller, it's not even 50 million dollars.

So what's Activision's angle here?

Why are they investing in MLG?

Well, from what I've read, it sounds like they kind of see the future for

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