Media rights on the rise, WISE Ventures launches Version1

Bilibili lands exclusive Chinese rights for League of Legends World Championship, more

Riot Games announced an agreement with Chinese streaming video platform Bilibili that grants it exclusive broadcasting rights to its major League of Legends global events.

The three-year deal will begin with this autumn’s 2020 League of Legends World Championship and also include the annual Mid-Season Invitational and All-Star events.

In December 2019, Beijing News reported that Bilibili had paid 800 million yuan (now £87.9 million) for an exclusive three-year deal to broadcast the League of Legends World Championship, although today’s release is the first official announcement on the matter. No official terms were disclosed.

ESL, DreamHack sign Brazilian media rights deal with Omelete and Globo

Sister companies ESL and DreamHack, under parent MTG, added yet another regional streaming deal to their collective portfolio, this time in Brazil.

The companies announced that they had partnered with Brazilian television network Globo and entertainment website Omelete to broadcast Counter-Strike: Global Offensive events.

The three-year deal will span all of the Counter-Strike: Global Offensive tournaments in the ESL Pro Tour, which takes place across numerous ESL and DreamHack competitions. All of the competitions will be broadcast in Portuguese language as a result of the deal.

WISE Ventures Esports launches Version1 brand, enters Rocket League

WISE Ventures Esports, the parent company of Call of Duty League franchise Minnesota RØKKR, launched Version1.

The new brand, which is co-owned by the Wilf family and entrepreneur Gary Vaynerchuk, has initially entered Psyonix’s title Rocket League. Version1 will compete in RLCS X, the newly-formed esports initiative from Psyonix for its Rocket League title. RLCS: The Grid, which begins on August 7th, will include the brand.

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