Fortnite, released in September 2017, is an RPG game played against others on an online platform. Players can build and destroy anything while fighting over players over loot, territory, or glory. The game is offered on PC, PS 4, and XBox One. In just a few short months Fortnite has garnered a lot of attention as a new, exciting game. Part of the attraction is the ability to play the game for free but of course, players can purchase different skins, upgrades, and access to different perks. The fan base of the new game continues to expand even more so after the first annual Fortnite Battle Royale Tournament.
The epic event took place at the Luxor Hotel’s Esports Arena in Las Vegas. Top players from all over the country were invited to compete against the most notorious player Tyler Blevins who goes by “Ninja” in the gaming world. In an effort to open the competition to more players, anyone was able to compete against the pros for three consecutive games for a mere $75. There was a total of 233 competitors fighting for Fortnite glory. Cash prizes were given to winners that successfully beat Ninja. The most surprising win of the day came from an unexpected, unassuming player. 4DRStorm took home one of the final wins of the day and as all of the games are anonymously paired with other players to keep gameplay fair nobody knew who the winner was until the camera panned to him. The winner was a 14-year-old boy, the audience was shocked and thrilled at the unexpected turn of events. After the Fortnight Tournament ended, the game’s hype has only increased as new players join the online game. One could only guess this will only be the first mega competition featuring Fortnite.
Valve, which is a leading distributor of video games, has purchased the independent game studio Campo Santo, which developed the hit game Firewatch.
All 12 employees of Campo Santa will be moving to Valve’e headquarters, which is in Bellevue, Washington. There they will continue to develop their upcoming game, which is entitled In the Valley of the Gods.
Campo Santo announced the acquisition in a blog post, in which they said that they found in Valve a company that feels the same way about making games as they do, which they insist is rare. They further said that Valve, in them, found a group of game developers with both diverse backgrounds and perspectives. So, it did not take either long to see that the two companies were a perfect match.
Many believe little will change with Campo Santo apart from the branding on the games. They will still maintain their blog and their quarterly magazine, which is called The Quarterly Review.
Campo Santo announced In the Valley of the Gods at last year’s E3. It has similarities with Firewatch, in that it is a game in which players walk through an environment while trying to solve a mystery. It is expected that In the Valley of the Gods will launch during the course of next year.
Many in the gaming industry were surprised that Valve purchased Campo Santo, as — opposed to some other large gaming companies — it previously has bought smaller companies only rarely, such as when it bought Turtle Rock Studios, which was the company behind the Left 4 Dead franchise.
Most recently, Valve has been only supporting their own legacy games, such as Dota 2 and Counter-Strike: Global Offensive. They also sell the HTC Vive. Though they supposedly have a number of new games in development, including a new edition to the Dota franchise.
Wes Edens has a history of making the right bets at the right moments. While most know him best as the owner of the NBA’s Milwaukee Bucks, his path to success is a rather interesting one. Edens graduated from Oregon State University in 1984 and it did not take long for him to rise through the Lehman Brothers ranks from there.After becoming a managing director for the company, Edens left to pursue his next challenge. The private equity division at BlackRock needed his assistance and he would soon build BlackRock Asset Investors into a more formidable group.He became a managing director and a partner at this firm and would remain there until 1997. At this time, Wes Edens came together with the four other principal partners that are responsible for the creation of Fortress Investment Group.
Edens made an immediate name for himself with a unique investment style that focused on locating creative forms of financing and making bets that were not considered to be sure things. These contrarian methods allowed the company to go against the grain and provided Edens with the opportunity to take home $54 million per year, according to BizJournals. He would soon become the co-chairman of the company’s board of directors and remained in this post as he saw the company through the subprime mortgage lending crisis. By offering subprime lending, Fortress Investment Group was able to bounce back. Wes Edens and partner Marc Lasry purchased the NBA’s Milwaukee Bucks for $550 million and nearly doubled the franchise’s valuation within a few years
. Edens is now investing in e-sports and has created a League of Legends team (in addition to a league for the team to exist within). The venture is known as FlyQuest and Edens is making a name for himself in the world of e-sports in other ways as well. The NBA has recently decided to embrace the world of console gaming in an effort to attract a younger fan base. The league’s NBA 2K venture now allows for professional console gamers to compete against one another for cash prizes. Wes Edens is one of the first NBA owners to publicly voice support for the league and he anticipates a great deal for the Milwaukee Bucks chapter. Thanks to Edens’ track record of knowing when to invest and how to invest, observers anticipate a great deal of success for these ventures in the years to come. His forward thinking is the type of asset no one can put a price on.
Randal Nardone is the CEO of Fortress Investment Group LLC in New York City. He attended the University of Connecticut where he obtained a bachelor’s degree in English and Biology. He also bagged a J.D from Boston University of Law.Before his appointment as CEO of Fortress in 2013, Nardone was interim CEO from December 2011 to 2013.Randal Nardone co-founded Fortress in 1998, and since then, he has been serving as a member of the Management Committee, and in 2006 he was appointed to the board of directors of the company.Nardone Who ranked 557 on Forbes magazine’s World’s Billionaires” list boast of a net worth of approximately$1.8 billion. Before Fortress was founded, Nardone served as partner and executive committee member of Thacher Proffitt & Wood law firm. He later worked at BlackRock Financial Management, Inc as a principal and proceeded after that to UBS where he served as the managing director from 1997 to 1998.
Apart from being the CEO of Fortress, Randal Nardone is also the President and Chairman of Springleaf Financial Holdings. He is also the president of Ncs 1 Llc, a Director at Eurocastle Investment Limited, a Non-Executive Director at Alea Group Holdings Bermuda Ltd And as well as a director at Florida East Coast Holdings Corp, Brookdale Senior Living Inc., and Springleaf Finance Inc.Nardone’s skills in financial analysis, investment management, and investment banking have helped him to excel in very competitive markets.He has successfully spearheaded some projects including Fortress Credit Corporation. On December 27, 2017, SoftBank Group Corporation (SBG) officially acquired Fortress Investment Group LLC for the sum of $3.3 billion.
Following the acquisition, SBG took ownership of all outstanding Fortress shares, and Nardone along with the other principals of Fortress are quite optimistic about the acquisition of their company by SoftBank.Although SoftBank purchased Fortress, the later was approved to operate as an independent business with its headquarter in New York. Randal Nardone and other principals of Fortress remain the leaders of the company as SBG plans to maintain the leadership, culture, brand, model, and personnel of the company. Employees at Fortress Investment Group has over the years said a lot of things about the CEO of the company. 92% of the reviews by employees approved of the CEO, and 69% said they would recommend the company to a friend. Many of the employees are happy to be working with a successful global brand like Fortress under the leadership of Mr. Nardone and other executives.