Halo is one of the most popular first person shooting games of all time and has amassed a pretty loyal following ever since the very first game was launched for the original Xbox back in late 2001. It has also become a staple title in many video game tournaments and Halo 5 is now entering the E-Sports world.

According to The Hollywood Reporter, the upcoming Halo 5 TV show is part of a major deal that Pilgrim Studios reached with Lionsgate and ESL (Electronic Sports League). The deal will be focusing on creating and distributing competitive gaming content to both television and digital platforms. The website also reports that an investment worth $200 million was made by Lionsgate into Pilgrim Studios in November 2015 to try and give some momentum to its unscripted programming.

The E-Sports industry has been growing steadily over the years and is projected to be worth up to $1 billion by 2018. Competitive gaming has a pretty devoted fan base, and Hollywood knows, which is why it is looking to tap into this market. Last year, the ELeague was created as a result of a joint venture between Turner and WME-IMG. The channel broadcasts competitive gaming tournaments such as Counterstrike: Global Offensive and Halo 5 is on its way to entering competitive gaming as well.

While it might not have the same kind of following as other popular shooting games such as Call of Duty and Battlefield, the fan base that Halo has is still a pretty strong one. In fact, Microsoft even launched a tournament dedicated solely to the Halo franchise called "The Halo World Championship". As of this time, there is still no word when the series will premiere, but Gamespot reports that Microsoft has been teasing fans to tune into the Halo Championship Series Pro League Finals scheduled to air on December 10 - 11 so they can get more information about the upcoming Halo series.