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Misfits Gaming Group announces $35m funding round

Florida-based esports organisation Misfits Gaming Group (MGG) has announced a $35m (~£25.6m) investment round led by the American broadcasting company E.W. Scripps Company.

According to the release, E.W. Scripps Company will invest $10m (~£7.3m) into MGG’s global esports organisation. This includes its Florida-based Overwatch and Call of Duty franchises, as well as its European League of Legends team.

Image credit: Misfits Gaming Group

As part of the investment, the company also will appoint a designee to MGG’s board of directors.

Brian Lawlor, E.