Dec 05

Bilibili acquires broadcasting rights in China for next three ‘LoL’ World Championships

Posted in: Animation

Bilibili, a Chinese streaming company has reportedly paid over $113 million to gain exclusive broadcasting rights in China for the next three League of Legends World Championships, according to Chinese media company Beijing News.

The report states that other live streaming platforms DouYu, Huya, and Kuaishou also bid for the rights to Riot Games’ flagship global event. The company is set to pay $113 Million (800 million yuan) over three years to Riot Games for the exclusive Chinese broadcasting rights for League of Legends Worlds.

Bilibili, beat out several other media companies that were reportedly interested, including Douyu, Huya, and Kuaishou. This will be the first time in China that an esports event’s exclusive broadcast rights have been decided in this fashion.The ampount of the final bid shows just how much the rights to one of the biggest esports events on the planet are valued in one of the world’s largest markets.

Worlds 2020 will be hosted in China and will culminate with the finals in Shanghai Stadium.

The post Bilibili acquires broadcasting rights in China for next three ‘LoL’ World Championships appeared first on AnimationXpress.

Related posts:

  1. DQE’s ‘The Psammy Show’ travels to China as CCTV acquires broadcast rights ‘The Psammy Show’ DQ Entertainment (DQE) has announced that its...
  2. 9 Story Media Group acquires worldwide rights to ‘Garfield and Friends’ 9 Story Media Group announced today that it has acquired Garfield...
  3. GKIDS acquires North American rights to its first Chinese animation ‘White Snake’ GKIDS has acquired North American rights to its first Chinese...
  4. Discovery Kids takes up broadcasting rights of Japanese animation series ‘Monster Kid’ Discovery Kids has picked up the broadcasting rights of the...
No Responses to “Bilibili acquires broadcasting rights in China for next three ‘LoL’ World Championships”

Post a Comment