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The Indicator from Planet Money

The boom and bust of esports

The Indicator from Planet Money

NPR

Business

4.79.5K Ratings

🗓️ 24 April 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

The origins of competitive gaming are rooted in college campuses going back to the early 1970s. Now a globally popular industry, esports is at the center of many questions about long-term financial viability.

Today, we dive deep into the hype surrounding esports and why the luster seems to be rubbing off the industry that was once seen by some as the next NBA.

Related episodes:
Forever games: the economics of the live service model (Apple / Spotify)
Designing for disability: how video games become more accessible (Apple / Spotify)

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Transcript

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0:00.0

NPR. Indicator producer Angel Carreras.

0:14.0

Indicator host Adrian Ma.

0:16.0

Question for you.

0:17.0

Do you like playing video games competitively?

0:20.0

I usually get destroyed by what sounds like 8 year olds in any game that requires more than one person, so no, not really, more of a solo guy.

0:27.0

That's a little bit of a shame, Angel, because you could really make some good cash if you got good at your Sonic Booms instead of just talking about

0:33.8

economic booms. Yeah, Sonic Boombe you're making a pun you're talking about the

0:38.0

Sonic boom move from the popular game Street Fighter. Street Fighter that's right.

0:42.0

I mean think about it.

0:43.0

If you brush up on your fighting game moves, you know, you get overhears and your yoga fires, it could change your life

0:49.8

if you got the skills.

0:50.8

Yeah, sure, I could become a professional well-paid gamer like Dominic McLean or as many people

0:56.4

know them, Sonic Fox.

0:58.4

Imagine like being like a 13-14 year old and like bringing it back home like 2k like that was that's pretty exciting right

1:04.2

2k as a 13 14 year old yes that's that's a lot of money for video games no less I I

1:09.3

wonder what Sonic Fox's parents thought about this my mom the, no one is playing video games all the time,

1:14.0

but then when she saw like,

1:15.0

I was bringing her money from these kind of things,

1:18.0

she was like, no, go do more events, right?

1:20.0

Like, like, it was a complete tunnel shift. It was pretty cute.

1:23.2

And that was like the start I was like, oh, e-sports is ascending right now.

1:27.0

Oh man, a teenager's dream.

...

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