In October 2023, an agreement was announced for FaZe Clan's parent company FaZe Holdings to be acquired by GameSquare in an all stock deal.[3]
History
FaZe Sniping made its debut on YouTube on May 30, 2010.[4] Originally, the group were a Call of Duty clan founded by three players, Eric "CLipZ" Rivera, Jeff "House Cat" Emann (now known as "Timid") and Ben "Resistance" Christensen.[5] The trio garnered a reputation for innovating trickshotting in the game Call of Duty: Modern Warfare 2.[6] Their YouTube content took off when Ted "Fakie" joined the clan. It was then when FaZe unveiled the most popular series on their channel, ILLCAMS.[7] FaZe Clan's focus on trickshotting and a personality/social-media approach led to FaZe Clan becoming one of the first popular YouTube video game channels, compared to other Call of Duty channels which were focused on winning tournaments.[4] In 2012, the channel had one million subscribers, and the clan began to branch out into esports competitions.[8][4] Teams under the FaZe name began competing in competitions such as the Call of Duty Championship and Counter-Strike: Global Offensive Major Championships, who were separate from the clan's YouTube content creators, splitting members of FaZe Clan into two mostly autonomous camps.[8] Originally, FaZe Clan did not have a corporate structure, however the original CEO was Brazilian Thomas "Temperrr" Oliveira, who had been a member of FaZe since he was 16 years old.[8] Oliveira and COO Richard “Banks” Bengston created the first FaZe shared home in 2014 in Plainview, New York, where they could incorporate lifestyle content with their gaming content.[9]
In January 2020, FaZe Clan obtained a $22.7 million investment loan from a private lender. FaZe was advised on the transaction by Canaccord Genuity, a Canadian financial company.[24][25] On June 18, 2020, FaZe Clan announced its co-ownership of CTRL, a food supplement company.[26] In December 2020, FaZe Clan was worth $305 million. That same month the revenue of FaZe Clan was estimated $40 million.[27] It also released the film Crimson under FaZe Studios in 2020, with Brian "Rug" Awadis in a leading role.[28]
On June 10, 2021, FaZe Clan became the first esports team to be featured on the cover of Sports Illustrated.[29] The same year it announced it was merging with special purpose acquisition investors B. Riley Principal to become a public company listed on NASDAQ, with an expected initial valuation of about $1 billion. As part of this merge, FaZe would receive $291 million from B. Riley, and would be renamed to Faze Holdings Inc. and refocus itself as a brand for "the voice of youth culture".[30] The merger was approved by the U.S. Securities and Exchange Commission,[31] and the company went public on July 20, 2022, however with a lower than announced valuation of $725 million.[32]
Also in 2021, FaZe Clan member Frazier Khattrri (FaZe Kay) would become one of the lead promoters of Save the Kids token, a pump and dumpcryptocurrency which was additionally promoted by FaZe members Jarvis, Teeqo and Nikan. Upon the token's launch and revelation to the public that it was a pump and dump, FaZe removed Kay and suspended Jarvis, Teeqo, and Nikan for their involvement.[33]
In July 2022, FaZe Clan became a publicly traded company.[34][35] The company had only received a portion of the money they were promised by private investors ahead of their merge with B. Riley Principal 150 Merger Group.[36][37] On January 20, 2023, the price of their stock fell below a dollar for the first time,[38] which put them at risk of being delisted.[39] According to Nasdaq policy, if a company's stock is under $1 for more than a month, the company will receive a deficiency notice, in which they have 180 days for the stock to be $1 or more for ten consecutive business days.[39][40] As of February 15, 2023, the stock was at $0.76.[41] In March 2023, it was reported that they received a Notice of Delisting, which gave them 180 days to get the stock price back up above $1.[42]
Trink, the CEO, had expressed concerns and had stated that the company is working towards a solution to their problem.[43] As of September 2022, it has been reported that the organization has enough money to last them until November 2023.[43]
In February 2023, FaZe Clan laid off 20% of its staff. According to Trink, It was a result of the uncertainty of the economy; Trink said that the company would focus on financial discipline. Trink reported that the revenue growth for 2022 was a 25% increase from 2021.[44][45][46][47] However, FaZe Clan reported losses of approximately $14 million in the first two quarters of 2023, with slightly decreased revenues. In April 2023, Snoop Dogg departed from FaZe Clan's board, and on September 11, 2023, FaZe Clan announced the immediate termination of Trink, its CEO. The company appointed Christoph Pachler, the Chief Operating Officer and Chief Financial Officer of FaZe Clan, as the interim CEO.[48][10]
In October 2023, it was announced that FaZe Clan had been acquired by GameSquare Holdings Inc., and subsequently added to the GameSquare eSports portfolio. With this acquisition, Richard Bengtson (FaZe Banks), Thomas Oliveira (FaZe Temperrr), and Yousef Abdelfattah (FaZe Apex) have been appointed as CEO, president, and COO respectively.[49]
On May 6, 2024, the Esports World Cup Foundation, funded by the Saudi ArabiaPublic Investment Fund and organizers of the Esports World Cup tournament series, announced the 30 organizations (known in the ESWC as Clubs) who would make up the Club Support Program, with FaZe Clan being one of them. This program gives teams a one-time six-figure stipend if an organization is willing to enter new esports as well as additional funding each year if they drive viewership and fan engagement to the Esports World Cup.[50]
Current divisions
Call of Duty
FaZe France
On September 19, 2013, FaZe eSniping, their competitive Call of Duty sniping division, was announced with the joining of Raphael "Zydar" Zydar, Elliot "Hyspe" and Kevin "RanbOw", led by Anil "WaRTeK" Brancaleoni.[51] On April 3, 2014, FaZe Clan announced the rebranding of FaZe eSniping to FaZe France.[52] RanbOw left the team after one and a half years, with Anthony "Toto" replacing him.[53][54] On May 26, 2015, the players and staff of FaZe France stated they weren't satisfied with FaZe's plans and left to create their own organization.[55]
On May 2, 2019, Activision Blizzard announced that Atlanta Esports Ventures had purchased one of the first five franchise slots for the Call of Duty League. According to ESPN, the publisher was looking to sell slots for approximately $25 million per team.[56] "We have the opportunity to—once again—play a pivotal role in Atlanta's diverse esports community by bringing the future of Call of Duty esports to the city," said Hamilton in a release at the time.[57] AEV and FaZe Clan partnered together for the team, and in October 2019, they announced that the team would be named the Atlanta FaZe.[58]
FaZe Clan has partnered with caffeinated drink mix brand Gamma Labs' G Fuel since 2012, which is currently one of the longest promotional collaborations in esports.[59] As a part of the collaboration, the company released FaZe-themed flavors, such as "FaZe Clan's Battle Juice" in 2019.[60] On May 2, 2019, Atlanta Esports Ventures announced the purchase of a franchise spot in Call of Duty league in partnership with FaZe Clan.[61] The resulting team, Atlanta FaZe, was announced on October 26, 2019.[62]
On November 22, 2018, FaZe Clan collaborated with sportswear manufacturer Champion to release exclusive clothing.[63] In 2019, Champion released exclusive clothing with FaZe on four occasions.[64][65][66][67] Champion manufactures most of the clothing released by FaZe. On March 14, 2019, FaZe Clan collaborated with clothing brand Siberia Hills for a limited-time hoodie release.[68]
On March 21, 2019, FaZe Clan announced its partnership with automobile manufacturer Nissan.[69] Nissan started producing two original series on FaZe's YouTube channel.
On September 26, 2019, football club Manchester City announced its partnership with FaZe Clan for content creation and clothing.[70]
On July 20, 2019, FaZe Clan opened a booth at ComplexCon 2019, where they sold exclusive clothing in collaboration with Champion, label Lyrical Lemonade and clothing brand 24karats.[65] They collaborated with 24karats again on August 16, 2019, to release clothing accessories,[71] and with Lyrical Lemonade on November 27 of the same year.[72] On September 17, 2019, FaZe Clan collaborated with headwear company New Era.[73] Through November 3 to 22, 2019, FaZe Clan collaborated with designer Warren Lotas, sportswear brand Kappa and clothing brand CLOT respectively to release exclusive clothing.[74][75]
In August 2021, FaZe Clan announced a sponsorship with McDonald's. The companies will partner on a series of content and other projects featuring major FaZe Clan stars.[76]
In September 2021, FaZe Clan and DC Comics collaborated on a limited edition comic book, written by Josh Trujillo and illustrated by Scot Eaton, featuring Batman and several members of the FaZe Clan.[77]
In January 2023, FaZe Clan announced a shoe collaboration with Nike. This collaboration came in the form of a Nike LeBron Nxxt Gen with the co-branding and colors of FaZe Clan. The shoe was debuted in a game played by Sierra Canyon, the school where Bronny James, LeBron James' son, played for.[78]
Philanthropy
On March 15, 2020, FaZe Clan unveiled Fight 2 Fund, its four-week charity Call of Duty: Warzone event, in which social media influencers, YouTubers, streamers, celebrities, sportspeople and musicians participate. Viewers could donate money, which would be donated to charities helping people impacted by the coronavirus disease 2019.[79] The event raised over $124,000.[23]
Imas Aryumningsih Bupati Subang ke-8Masa jabatan11 April 2016 – 19 Desember 2018(Pelaksana Tugas sampai 8 Juni 2017)GubernurAhmad Heryawan Ridwan Kamil PendahuluOjang SohandiPenggantiRuhimatWakil Bupati Subang ke-4Masa jabatan19 Desember 2013 – 11 April 2016PresidenJoko WidodoGubernurAhmad Heryawan PendahuluOjang SohandiPenggantiAgus Masykur Rosyadi Informasi pribadiLahir19 Agustus 1951 (umur 72)Subang, Jawa BaratKebangsaanIndonesiaPartai politikPartai Golongan…
4th edition of the Miss Grand Japan beauty pageant Miss Grand Japan 2018DateJuly 30, 2018VenueWOMB Club, Shibuya, TokyoEntrants15Placements5WinnerHaruka Oda (Saitama)CongenialityHonami Nishikawa (Chiba)Best in SwimsuitMariko Nakagawa (Chiba)← 20172019 → Miss Grand Japan 2018 (Japanese: 2018 ミス・グランド・ジャパン) was the 4th edition of the Miss Grand Japan pageant, held on July 30, 2018,[1][2][3] at the WOMB Club, Shibuya, Tokyo.[4…
Struktur beberapa lipid umum. Di bagian atas adalah kolesterol[1] dan asam oleat.[2] Struktur bagian tengah adalah trigliserida yang terdiri dari rantai oleoil, stearoil, dan palmitoil yang melekat pada kerangka gliserol. Di bagian bawah adalah fosfolipid yang umum, fosfatidilkolina.[3] Lipid adalah kelompok molekul alami yang meliputi lemak, lilin, sterol, vitamin yang larut dalam lemak (seperti vitamin A, D, E, dan K), monogliserida, digliserida, trigliserida, fosfolipi…
Political convention 1924 Republican National Convention1924 presidential election NomineesCoolidge and DawesConventionDate(s)June 10–12, 1924CityCleveland, OhioVenuePublic AuditoriumCandidatesPresidential nomineeCalvin Coolidge of MassachusettsVice presidential nomineeCharles G. Dawes of Illinois‹ 1920 · 1928 › Crowd gathered outside of the Public Auditorium during the convention The 1924 Republican National Convention was held in Cleveland, Ohio, at the Public Audito…
American legislative district Legislative district in Arizona, United States Arizona's 22nd legislative districtMap of District 22: Approved January 21, 2022SenatorEva Diaz (D)House membersLupe Contreras (D)Elda Luna-Nájera (D)Registration41.41% Democratic18.09% Republican40.50% OtherDemographics19% White10% Black/African American2% Native American4% Asian64% HispanicPopulation238,320Voting-age population164,609Registered voters103,673 Arizona's 22nd legi…
Process of word formation For other uses, see Inflection (disambiguation). This article includes a list of general references, but it lacks sufficient corresponding inline citations. Please help to improve this article by introducing more precise citations. (June 2019) (Learn how and when to remove this template message) Grammatical features Related to nouns Animacy Case Dative construction Dative shift Quirky subject Nominative Comitative Instrumental Classifier Measure word Construct state Cou…
Partai Demokrat Liberal Liberal DemocratsPemimpinEd DaveyWakil PemimpinDaisy CooperPresidenMark PackPemimpin di Dewan BangsawanRichard NewbyDibentuk3 Maret 1988; 36 tahun lalu (1988-03-03)[1]Digabungkan dari Partai Liberal Partai Sosial Demokrat Kantor pusat8–10 Great George Street,London, SW1P 3AE[2]Sayap pemudaYoung LiberalsSayap wanitaLiberal Democrat WomenSayap LGBTLGBT+ Liberal DemocratsKeanggotaan (2020) 98,247[3]Ideologi Liberalisme[4] Liberalis…
Rock garden in Darjeeling, India Darjeeling Rock GardenBarbotey Rock GardenThe terraced gardenLocationDarjeeling district, West Bengal, IndiaCoordinates27°01′31″N 88°14′17″E / 27.0254°N 88.2380°E / 27.0254; 88.2380 The Rock Garden (also known as Barbotey Rock Garden) at Chunnu Summer Falls and Ganga Maya Park are recently added tourist attractions in the hilly town of Darjeeling in the state of West Bengal, India. It is a showpiece meant to lure people to Darj…
Peta Kabupaten Kepulauan Sangihe di Sulawesi Utara Berikut adalah daftar kecamatan dan desa/kelurahan di Kabupaten Kepulauan Sangihe, Sulawesi Utara, Indonesia. Kabupaten Kepulauan Sangihe terdiri dari 15 kecamatan, 22 kelurahan, dan 145 desa. Pada tahun 2017, jumlah penduduknya mencapai 141.950 jiwa dengan luas wilayah 461,11 km² dan sebaran penduduk 308 jiwa/km².[1][2] Daftar kecamatan dan kelurahan di Kabupaten Kepulauan Sangihe, adalah sebagai berikut: Kode Kemendagri Kecam…
Pour les articles homonymes, voir Blunt. James Blunt James Blunt en 2017.Informations générales Nom de naissance James Hillier Blount Naissance 22 février 1974 (50 ans)Tidworth, Royaume-Uni Activité principale chanteur Genre musical folk rock, pop rock, soft rock Instruments Guitare Seagull Piano Années actives Depuis 2004 Labels Warner/Atlantic/Custard Site officiel jamesblunt.com modifier James Blunt, de son vrai nom James Hillier Blount né le 22 février 1974[1] à Tidworth[2] dans…
Art colony in New Hampshire, US This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.Find sources: Cornish Art Colony – news · newspapers · books · scholar · JSTOR (December 2016) (Learn how and when to remove this message) Studio at the Saint-Gaudens National Historic Site The Cornish Art Colony (or Cornish Artists’ Colony, or…
Football stadium in Oxford, United Kingdom This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.Find sources: Kassam Stadium – news · newspapers · books · scholar · JSTOR (December 2019) (Learn how and when to remove this message) Kassam StadiumFull nameKassam StadiumLocationGrenoble Road, Littlemore, Oxford, England, OX4 4XPCoor…
Roch Marc Christian Kaboré Presiden Burkina FasoMasa jabatan29 Desember 2015 – 24 Januari 2022Perdana MenteriPaul Kaba ThiebaChristophe Joseph Marie DabiréPendahuluMichel Kafando (Transisional)PenggantiPaul-Henri Sandaogo DamibaPerdana Menteri Burkina FasoMasa jabatan22 Maret 1994 – 6 Februari 1996PresidenBlaise CompaoréPendahuluYoussouf OuédraogoPenggantiKadré Désiré Ouedraogo Informasi pribadiLahir25 April 1957 (umur 67)Ouagadougou, Volta Hulu (sekarang Burkin…
Soap opera character Christine BlairThe Young and the Restless characterPortrayed byLauralee BellDuration 1983–2007 2010–present First appearanceJuly 15, 1983ClassificationPresent; recurringCreated byWilliam J. BellIntroduced by H. Wesley Kenney (1983) Bradley Bell (2007) Maria Arena Bell and Paul Rauch (2010) CrossoverappearancesThe Bold and the BeautifulIn-universe informationOther names Christine Romalotti Christine Williams Christine Marie Ellen Blair Kelly Simmons Oc…
Questa voce o sezione sull'argomento personaggi dei fumetti non cita le fonti necessarie o quelle presenti sono insufficienti. Puoi migliorare questa voce aggiungendo citazioni da fonti attendibili secondo le linee guida sull'uso delle fonti. Segui i suggerimenti del progetto di riferimento. Iris WestIris West nella serie televisiva The Flash UniversoUniverso DC AutoriRobert Kanigher Carmine Infantino Joe Kubert EditoreDC Comics 1ª app.settembre-ottobre 1956 1ª app. inShowcase n. …
أسس القرن التاسع عشر (بالألمانية: Die Grundlagen des 19. Jahrhunderts)، و(بالألمانية: Die Grundlagen des neunzehnten Jahrhunderts) المؤلف هيوستن ستيوارت تشامبرلين اللغة الألمانية تاريخ النشر 1899 النوع الأدبي مقالة الموضوع تاريخ ثقافي، وعنصرية، ومعاداة السامية مأخوذ عن مقال عن …
County in West Virginia, United States County in West VirginiaClay CountyCountyThe Old Clay County Courthouse in Clay in 2007 SealLocation within the U.S. state of West VirginiaWest Virginia's location within the U.S.Coordinates: 38°28′N 81°04′W / 38.46°N 81.07°W / 38.46; -81.07Country United StatesState West VirginiaFoundedMarch 29, 1858Named forHenry ClaySeatClayLargest townClayArea • Total344 sq mi (890 km2) • La…
Pour les articles homonymes, voir Minuit dans le jardin du bien et du mal. Cet article est une ébauche concernant un film américain et la Géorgie. Vous pouvez partager vos connaissances en l’améliorant (comment ?) selon les conventions filmographiques. Minuit dans le jardin du bien et du mal Données clés Titre original Midnight in the Garden of Good and Evil Réalisation Clint Eastwood Scénario John Lee Hancock Musique Lennie Niehaus Acteurs principaux Kevin SpaceyJohn CusackAlison…
Сельское поселение России (МО 2-го уровня)Новотитаровское сельское поселение Флаг[d] Герб 45°14′09″ с. ш. 38°58′16″ в. д.HGЯO Страна Россия Субъект РФ Краснодарский край Район Динской Включает 4 населённых пункта Адм. центр Новотитаровская Глава сельского посел…