Gamescom Opening Night Live is set to begin today with a two-hour showcase and a half-hour pre-show, according to Engadget. The publication says the stream is scheduled for 2PM ET and will run on YouTube and Twitch. The event is being led by Geoff Keighley, who is also associated with Summer Game Fest, Engadget reports. The outlet is liveblogging the show and frames the event as the kickoff for this year’s Gamescom. The expected lineup includes several large game franchises, though the provided material is still in preview mode rather than confirmed announcement coverage. Engadget says it expects to hear about Gears of War: E-Day, Silent Hill: Townfall and Final Fantasy 7 Revelation. Engadget also says it expects a first look at The Witcher 3: Songs of the Past expansion. Other titles named in its preview include Path of Exile 2, Metro 2039 and Valor Mortis, which Engadget identifies as coming from the developers of the Ghostrunner series. The outlet also says there is likely to be a new grand strategy game from Paradox Interactive. Because the supplied evidence is a single liveblog preview, the specific announcements, trailers and release details should be treated as expected until the showcase airs or follow-up reporting confirms them. Who benefits: Publishers with titles featured in the showcase benefit from a large audience and concentrated press coverage. Streaming platforms carrying the event also benefit from live attention around a major gaming conference. Who's exposed: Studios whose games are expected to appear face execution risk if the showcased material disappoints or lacks concrete release information. Readers should treat the title list as Engadget’s expectation until announcements are confirmed.