The Billion Dollar Industry of Professional Video Game Battles

Do you ever spend time online watching people compete with each other at playing video games? Perhaps not (yet), but this pastime known as esports is turning into a popular and potentially lucrative category of sports entertainment. This week, Bloomberg Technology's Joshua Brustein meets a team of professional gamers, as well as the team owners (including former NBA star Rick Fox) helping them battle their way to the top of a League of Legends championship. In the process, Josh and Aki Ito explore what it takes to build an esports league from scratch.

Want to hear more? Subscribe on iTunes and Pocket Casts for new episodes every week. Decrypted is a podcast that uncovers the hidden projects, quiet rivalries and uncomfortable truths in the global technology industry.