THE ESPORTS ADVOCATE - Esports Business News & Analysis
WEB6 days ago · UK-based Epic Global announced this week that it has rebranded as Feenix Group following an investment round led by Quintas Capital and Beach Point Capital Management. The rebrand will create four divisions within the rebranded company, each focused on different... Esports business news and …
Worlds 2024 Summoner’s Cup Trophy Carrier Revealed
WEB5 days ago · Credit: Riot Games. Mercedes-Benz and Riot Games are kicking off the start of the League of Legends 2024 World Championships in Europe by revealing a trophy carrier–a customized Mercedes-Benz G-Class electric vehicle that will carry the Worlds 2024 trophy (the Summoner’s Cup) across several stops including the …
Major Changes Planned for League of Legends Esports in 2025
WEBJun 11, 2024 · Riot Games announced plans on Monday for a major overhaul to the global ecosystem for League of Legends Esports in 2025.. That overhaul—which a Riot rep. told The Esports Advocate in a media briefing on Thursday–is somewhat informed and inspired by what it has learned from the Valorant esports ecosystem—includes an all-new event at the beginning of the season, a consolidation of the top ...
New Major Event Added to 2025 LoL Esports Calendar
WEBJun 11, 2024 · The new unnamed event will take place in March 2025, and will feature five slots—one per region. Teams from each region will slug it out in Split 1 in January to determine who gets to compete on the global stage. In a media briefing with The Esports Advocate, a Riot representative said that the new event will use “Fearless Mode” in Bo3 or ...
The Future of Esports at Riot Games: A New Approach to Business
WEBApr 19, 2023 · Esports holds long-term financial viability at League of Legends and Valorant developer Riot Games, according to John Needham, President of Esports at Riot. In a blog post published Wednesday, Needham outlined the developer’s esports assets roadmap. While his full blog post, “Building the Future of Sport at Riot Games: Economics,” can be found on Riot’s blog, The Esports Advocate ...
About The Esports Advocate
WEBTobias: [email protected]. Eddie: [email protected]. Welcome to The Esports Advocate, your premier destination for in-depth and authoritative coverage of the esports business and finance landscape created to empower esports stakeholders with the knowledge and information needed to do business in the world of esports successfully.
Esports World Cup Claims More Than 500M Total Viewers
WEBAug 28, 2024 · The Esports World Cup Foundation claims that the event drew more than 500M viewers who consumed over 250M hours of content across 21 different games, “making it the most-watched tournament of 2024.”. The League of Legends portion of the event saw peak viewership of 3.5M during its grand final, according to organizers.
Allied Gaming & Entertainment Faces Shareholder Dispute - TEA
WEB3 days ago · The dispute comes at a time when Allied Gaming & Entertainment is pursuing several growth initiatives. On August 19, 2024, the company reported its second-quarter financial results, highlighting an 11% sequential increase in total revenues to $2.6M USD, though this was a 19% decrease compared to the same period last year.
Riot Expands League of Legends Esports Revenue Sharing
WEBMar 14, 2024 · Teams competing in LCS, LEC, LCK, and LPL can expect to generate more revenue from in-game items, Riot announced Thursday. Riot Games made a major announcement on Thursday related to powerful changes in revenue sharing for professional tier-1 teams participating in global League of Legends Esports. The announcement was made via a blog post ...
Riot Games' LoL, TFT Join the Esports World Cup - The Esports …
WEBMar 30, 2024 · Riot Games announced Saturday that Teamfight Tactics and League of Legends Esports teams will be allowed to participate at the Esports World Cup this summer in Riyadh Saudi Arabia. —the multi-week gaming and esports festival being run by the Saudi Arabian government.. In a statement issued to TEA by a Riot representative, the company laid out its reasoning for the decision, noting that this ...