Home » Infinite Reality acquires Drone Racing League for $250 million –

Infinite Reality acquires Drone Racing League for $250 million –

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Infinite Reality acquires Drone Racing League for $250 million –

Infinite Reality Seals $250 Million Deal to Acquire Drone Racing League Assets

In a groundbreaking move that solidifies its commitment to the future of sports entertainment, the parent company of esports organization Rogue, Infinite Reality, has announced a monumental agreement with the Drone Racing League (DRL) to acquire its aerial sports assets for a staggering $250 million.

The acquisition marks a significant step towards revolutionizing the world of sports and entertainment, as Infinite Reality CEO John Acunto remarked, “DRL embodies our belief that fans don’t just want to sit in stadiums or watch broadcast highlights on social media. The future of sports and entertainment involves new and disruptive formats that are more immersive. Now, with our combined assets, iR and DRL will usher in a new era of sports entertainment, powered by cutting-edge technology and driven by fans, creativity, and community.”

Drone Racing League, known for bringing together top drone pilots from around the globe to race through challenging tracks and circuits at high speeds, has experienced a surge in popularity in recent years, particularly on streaming platforms like Twitch. This acquisition not only expands the reach of Infinite Reality but also cements its position as a leader in the digital media and technology industry.

The deal is expected to be finalized in the second quarter of 2024, after which Infinite Reality plans to go public to further solidify its presence in the market. With this bold move, the company is poised to redefine the landscape of sports entertainment and set new standards for immersive and engaging fan experiences.

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