Skip to content
CGMagazine
  • News
  • ArticlesExpand
    • Buyers Guides
    • Features
    • Interviews
    • Previews
    • Spotlight
    • The Vault
  • ReviewsExpand
    • Game Reviews
    • Comic Reviews
    • Anime Reviews
    • Book Reviews
    • Tabletop Reviews
    • Hardware Reviews
    • Music Reviews
    • Movie Reviews
    • TV Reviews
  • Guides
  • Magazine
  • MediaExpand
    • Podcasts
    • Video
    • Sound Off
    • First Fifteen
    • Weekly Goods
    • Video Interviews
    • Video Reviews
  • Store
  • Newswire
Facebook Twitter Instagram YouTube
CGMagazine
Riot Games Rakes in Some Serious Cash for Exclusivity

BAMTech Makes Exclusive Streaming Dead with Riot Games

  • Lane Martin Lane Martin
  • December 16, 2016
  • 2 Minute Read

Despite what your parents always told you, competitive gaming has become a pretty big business. A wide variety of games can now boast championships with millions of viewers and significant cash prizes. That being said, it’s no wonder that the BAMTech, the streaming company co-owned by Major League Baseball and Disney announced a 300 million dollar deal between themselves and Riot Games for the exclusive right to stream and monetize League of Legends competitions.

It’s important to note that this deal just starts at the 300 million. Any additional monies generated by this arrangement will be shared between the companies until 2023, when this deal ends. It is assumed that any additional profits will be gained through advertisements and sponsorship deals (over seen by BAMTech), as Riot Games has been steadfast in their promise not to charge a subscription fee to watch their content. In the past, Riot has even influenced partners to stop charging fees for access to HD streams. It’s nice to see a company that cares about its fan base on the winning side of such a lucrative deal with such massive companies.

Some fans may be scared that their favourite eSport won’t be available to stream on their favourite platform thanks to the exclusivity of this whole thing. Well fear not, President and Co-Founder of Riot Games confirmed via Reddit that this did not guarantee any sort of platform exclusivity and that the worldwide availability of League of Legends, both as a game and eSport, was an important component of the game’s popularity.

There is no doubting the popularity of games like League of Legends, and this deal with BAMTech is solid proof. I can only imagine that this trend will continue in the professional gaming scene as more games become embraced by the eSports community. It’s come a long way and it isn’t stopping anytime soon.

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Lane Martin

Lane Martin

All Articles

Must Read

Hitman 3 (Xbox Series X/S, Xbox One) Review

Hitman 3 (Xbox Series X/S) Review

Resident Evil Village Showcase Brings the Van Helsing Vibes 5

Resident Evil Village Showcase Brings the Van Helsing Vibes

1More PistonBuds Wireless in-Ear Headphones Review

1More PistonBuds Wireless in-Ear Headphones Review

MORE FROM Lane Martin

1More ColorBuds Headphones Review 2

1More ColorBuds Headphones Review

Vaesen: A Wicked Secret and Other Mysteries Review 1

Vaesen: A Wicked Secret and Other Mysteries Review

Vaesen : Nordic Horror Roleplaying Review 1

Vaesen : Nordic Horror Roleplaying Review

Pixel Tactics Legends Tabletop Review 4

Pixel Tactics Legends Tabletop Review

CGMagazine Logo

Advertise with us
Jobs @ CGMagazine
© 2020 CGMagazine Publishing Group

Facebook
Twitter
Youtube
Linkedin
Instagram
  • Advertise
  • Contact
  • About Us
  • Policies
  • Jobs
  • Contests
  • CNW News
Menu
  • Advertise
  • Contact
  • About Us
  • Policies
  • Jobs
  • Contests
  • CNW News
  • News
  • Articles
    • Buyers Guides
    • Features
    • Interviews
    • Previews
    • Spotlight
    • The Vault
  • Reviews
    • Game Reviews
    • Comic Reviews
    • Anime Reviews
    • Book Reviews
    • Tabletop Reviews
    • Hardware Reviews
    • Music Reviews
    • Movie Reviews
    • TV Reviews
  • Guides
  • Magazine
  • Media
    • Podcasts
    • Video
    • Sound Off
    • First Fifteen
    • Weekly Goods
    • Video Interviews
    • Video Reviews
  • Store
  • Newswire
Search