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OverActive Media
OverActive Media (OAM), previously known as The Ledger Group, is a esports and entertainment company that fields teams across multiple esports titles through its subsidiaries, including the Overwatch League and Call of Duty League. They also own esports organization MAD Lions, competing in '' Counter-Strike: Global Offensive'' and ''League of Legends'' as part of Spain's SuperLiga Orange and the League of Legends European Championship, respectively. History OverActive Media's was originally branded as The Ledger Group, a Toronto-based group focused on blockchain-enabled companies. In April 2018, the company announced that it would look to expand in esports franchises. The Ledger Group went on to make investments in Askott Entertainment and Enthusiast Gaming, and after a $1.5 million investment in Splyce, they shifted from an investment platform to an ownership platform and rebranded to OverActive Media. In 2018, OAM and Splyce agreed to purchase a team, later branded as the ...
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President (corporate Title)
A president is a leader of an organization, company, community, club, trade union, university or other group. The relationship between a president and a chief executive officer varies, depending on the structure of the specific organization. In a similar vein to a chief operating officer, the title of corporate president as a separate position (as opposed to being combined with a "C-suite" designation, such as "president and chief executive officer" or "president and chief operating officer") is also loosely defined; the president is usually the legally recognized highest rank of corporate officer, ranking above the various vice presidents (including senior vice president and executive vice president), but on its own generally considered subordinate, in practice, to the CEO. The powers of a president vary widely across organizations and such powers come from specific authorization in the bylaws like ''Robert's Rules of Order'' (e.g. the president can make an "executive decision" on ...
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Break Ground
Groundbreaking, also known as cutting, sod-cutting, turning the first sod, or a sod-turning ceremony, is a traditional ceremony in many cultures that celebrates the first day of construction for a building or other project. Such ceremonies are often attended by dignitaries such as politicians and businesspeople. The actual shovel used during the groundbreaking is often a special ceremonial shovel, sometimes colored gold, meant to be saved for subsequent display and may be engraved. In other groundbreaking ceremonies, a bulldozer is used instead of a shovel to mark the first day of construction. In some groundbreaking ceremonies, the shovel and the bulldozer mark the first day of construction. Meaning When used as an adjective, the term groundbreaking may mean being or making something that has never been done, seen, or made before; "stylistically innovative works". History Groundbreaking ceremonies have been celebrated for centuries in an attempt to begin the construction ...
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Toronto City Council
Toronto City Council is the governing body of the municipal government of Toronto, Ontario. Meeting at Toronto City Hall, it comprises 25 city councillors and the mayor of Toronto. The current term began on November 15, 2022. Structure The current decision-making framework and committee structure at the City of Toronto was established by the '' City of Toronto Act, 2006'' and came into force January 1, 2007. The decision-making process at the City of Toronto involves committees that report to City Council. Committees propose, review and debate policies and recommendations before their arrival at City Council for debate. Citizens and residents can only make deputations on policy at committees, citizens cannot make public presentations to City Council. The mayor is a member of all committees and is entitled to one vote. There are three types of committees at the City of Toronto: the Executive Committee, four other standing committees, and special committees of council. Executiv ...
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Exhibition Place
Exhibition Place is a publicly owned mixed-use district in Toronto, Ontario, Canada, located by the shoreline of Lake Ontario, just west of downtown. The site includes exhibit, trade, and banquet centres, theatre and music buildings, monuments, parkland, sports facilities, and a number of civic, provincial, and national historic sites. The district's facilities are used year-round for exhibitions, trade shows, public and private functions, and sporting events. From mid-August through Labour Day each year, the Canadian National Exhibition (CNE), from which the name Exhibition Place is derived, is held on the grounds. During the CNE, Exhibition Place encompasses , expanding to include nearby parks and parking lots. The CNE uses the buildings for exhibits on agriculture, food, arts and crafts, government and trade displays. For entertainment, the CNE provides a midway of rides and games, music concerts at the Bandshell, featured shows at the Coliseum, and the Canadian Internatio ...
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Agreement In Principle
In law, an agreement in principle is a Step-stone bridge, stepping stone to a contract. Such agreements with regard to the principle are usually considered fair and equitable. Even if not all details are known, an ''agreement in principle'' may, for example, outline a schedule of royalties. References

Legal terminology {{law-term-stub ...
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Sports Business Journal
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes The Business Journals, which contains local business news for 44 markets in the United States, Hemmings Motor News, Street & Smith's Sports Business Daily, and Inside Lacrosse. The company is owned by Advance Publications. The company receives revenue from display advertising and classified advertising in its weekly newspaper and online advertising on its website and from a subscription business model. The bizjournals.com website contains local business news from various cities in the United States, along with an archive that contains more than 5 million business news articles published since 1996. As of August 2021, it receives over 3.6 million readers each week. History The company was founded in 1982 by Mike Russell with the launch of the Kansas City Business Journal. In 1985, the company became a public company via an initial public offering and ...
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Splyce
Splyce (SPY) was a professional esports organization and media company based in Rochester, New York. Their ''League of Legends'' team was a franchise member of the LEC, Europe's top professional league for ''League of Legends''. Splyce announced its rebranding from Follow eSports in November 2015. On November 29, 2019, Splyce's parent company, OverActive Media, announced it had merged Splyce with its other esports subsidiary, MAD Lions, and that all of Splyce's teams would henceforth compete under that name. ''League of Legends'' Follow eSports acquired the ''League of Legends'' team Dignitas EU after they qualified for the EU LCS (now LEC) on October 29, 2015, for nearly £625,000 ($1 million). At the time of the acquisition the team's roster consisted of Martin "Wunderwear" Hansen, Chres "Sencux" Laursen, Kasper "Kobbe" Kobberup, and Jonas "Nisbeth" Anderson with Daniel Vorborg as Team Manager. Tournament results * 7th/10th – 2016 Spring EU LCS * 2nd – 2016 Sum ...
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Enthusiast Gaming
Enthusiast Gaming is a Canadian digital media company specializing in video game journalism. Founded in 2014 by entrepreneur Menashe Kestenbaum, the company owns the websites ''Destructoid'' and The Escapist (magazine), ''Escapist Magazine'', as well the gaming convention Enthusiast Gaming Live Expo (EGLX). The company went public on the TSX Venture Exchange in October 2018. In January 2020 the company's listing moved to the Toronto Stock Exchange. In April 2021, the company also began trading on the Nasdaq. Brands Enthusiast Gaming owns a number of websites and runs an annual convention in Toronto. Websites * ''Daily Esports'' (founded 2018) * ''DiabloII Net & Wiki'' (acquired 2018) * ''Gaming Street'' (founded 2019) * ''Nintendo Enthusiast'' (founded 2011, by Enthusiast Gaming founder) * ''Gamnesia'' (acquired 2018) * ''Planet Destiny'' (acquired 2019) * ''PlayStation Enthusiast'' (founded 2015) * Steel Media (Pocket Gamer, ''Pocket Gamer'') (acquired 2019) * The Sims Re ...
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ESPN
ESPN (originally an initialism for Entertainment and Sports Programming Network) is an American international basic cable sports channel owned by ESPN Inc., owned jointly by The Walt Disney Company (80%) and Hearst Communications (20%). The company was founded in 1979 by Bill Rasmussen along with his son Scott Rasmussen and Ed Eagan. ESPN broadcasts primarily from studio facilities located in Bristol, Connecticut. The network also operates offices and auxiliary studios in Miami, New York City, Las Vegas, Seattle, Charlotte, Washington, D.C., and Los Angeles. James Pitaro currently serves as chairman of ESPN, a position he has held since March 5, 2018, following the resignation of John Skipper on December 18, 2017. While ESPN is one of the most successful sports networks, there has been criticism of ESPN. This includes accusations of biased coverage, conflict of interest, and controversies with individual broadcasters and analysts. , ESPN reaches approximately 76 million te ...
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League Of Legends European Championship
The ''League of Legends'' EMEA Championship (LEC) is the professional ''League of Legends'' esports league run by Riot Games in the EMEA (Europe, the Middle East and Africa) region, in which ten teams compete. Each annual season of play is divided into two splits, spring and summer, both consisting of nine weeks of round-robin tournament play, which then conclude with play-off tournaments between the top six teams. At the end of the season, the top performing teams qualify for the annual ''League of Legends'' World Championship. The LEC represents the highest level of ''League of Legends'' play in the EMEA. With the exception of some touring events, all games of the LEC are played live at Riot Games' studio in Adlershof, Berlin, Germany. In addition to a small studio audience, all games are streamed live in several languages on Twitch and YouTube, with broadcasts regularly attracting over 300,000 viewers. The popularity and success of the LEC has attracted significant media att ...
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Toronto Defiant
Toronto Defiant is a Canadian professional ''Overwatch'' esports team based in Toronto, Ontario. The Defiant compete in the Overwatch League (OWL) and are a member of the league's West region. Founded in 2018, Toronto began play as one of eight expansion teams in 2019 and is one of two professional ''Overwatch'' teams based in Canada (the other, Vancouver Titans). The team is owned by OverActive Media, who also owned the Montreal Rebellion, a former academy team for the Defiant that competed in Overwatch Contenders (OWC). At the end of each of their first three years, the Defiant overhauled their roster, keeping no more than three players from the previous year. History OWL Expansion On September 7, 2018, Blizzard Entertainment announced that OverActive Media (OAM) had purchased a slot for a Toronto-based franchise. On the same day, Splyce announced that they would be working with OAM to form and operate the unnamed Toronto team, with OAM's Chris Overholt and Splyce's Ma ...
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