Professional audio makes or breaks a video and for years gamers, streamers and YouTubers struggled with it unless they were willing to shell out big dollars for a studio set up that required a trained professional to operate. The folks at BEACN Wizardry and Magic (BECN.V), bridged that gap by bringing high tech audio to the masses. The hardware is simple, self-contained, plug and play with an easy to use intuitive interface that can be successfully operated by your grandma. We like this company and think it deserves more attention than its getting from the investment community. Check out our Core Story analysis and see what you think.
So there is what we think of BEACN, but there’s much more to come from this Victoria, BC-based firm. The industry is hot. Live streaming video game content is projected to generate a global revenue of US$17.39 billion by 2027, growing at a CAGR of 10.44%. In the next four years, there is the number of users live streaming their Fortnite et al escapades is expected to amount to 1.6bn. Further below illustrates the state and future of the market and also delves into where we think this company is heading and as such, what we think its value should hit. Go on, have a look.
If that wasn’t enough, back in February, our own Jody Vance took the opportunity to sit down and chat with CEO, Craig Fraser to get a closer view of the company, the people leading it and the value proposition for investors:
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