Blast, a privately owned company headquartered in Denmark, was founded in 2016 and operates with approximately 120 employees, reporting $44.4M in revenue as of 2023. Functioning as a tier 2 media tech buyer, the company operates as an esports entertainment provider, collaborating with broadcasters, brands, and communities globally. Its operations encompass the creation, production, broadcasting, and distribution of esports entertainment.
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 sports and media and telecoms services 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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