OverActive Media Strikes Landmark Telefónica Deal

OverActive Media Corp (TSE:OAM) has released an update.

OverActive Media Corp. has announced its most significant financial partnership to date, extending its relationship with Telefónica until the end of 2026, following the acquisition of esports entities KOI and Movistar Riders. The deal, unveiled at the Mobile World Congress and lauded as a testament to OverActive’s growing value proposition in the esports industry, also elevates Telefónica to shareholder status. This strategic partnership aligns with OverActive’s mission to engage younger audiences and expand their global esports community footprint.

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