Blast is a privately owned esports entertainment company founded in Denmark in 2016. Employing approximately 120 people, the company generates less than $50 million in annual revenue (as of 2023). Blast's operations focus on niche sports, encompassing the creation, production, broadcasting, and distribution of esports entertainment to global audiences through partnerships with broadcasters, brands, and communities.
Reliance Industries and BLAST ApS announced a joint venture, Jio Blast Esports Private Limited, to enter India's esports market. The partnership combines BLAST's esports media production, publisher relationships, and intellectual properties with Jio's technology, distribution, and local market knowledge. Cyril Amarchand Mangaldas advised Reliance Industries' subsidiary RISE Worldwide Limited on the joint venture agreement. William V was appointed Chief Financial Officer of Jio Blast Esports Private Limited, responsible for financial strategy, governance, compliance, and operational efficiency.
Blast offers 3 products in the media and telecoms services and sports industries. Blast's product portfolio comprises of niche sports and media and TV services.
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Blast's revenues were less than $50M in 2023. Caretta Research has split Blast's revenue into 2 different product categories, the largest of which is esports. For full access to Blast's revenue breakdown subscribe to Caretta Portal.
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