Chinese live-streaming platform Huya has today (Monday) agreed a strategic joint venture with Swedish media company Modern Times Group (MTG) that will see it acquire a minority stake in the latter’s e…
MTG share price falls as proposed Huya joint venture shelved
Esports entertainment company Modern Times Group (MTG) has seen its share price take a near 14-per-cent hit after announcing the termination of a proposed strategic joint venture with Chinese live-streaming…
Maincast extends ESL Gaming rights in Russia, CIS to 2027
Esports broadcast and content production company Maincast has extended its media rights agreement with esports company ESL Gaming in Russia and the Commonwealth of Independent States for another four years
AEG to drive ESL’s global growth, Fox Sports exec takes the helm at MLG
Esports company ESL has entered into a partnership with sports and live entertainment firm Anschutz Entertainment Group (AEG) in an effort to extend its global reach, while interactive entertainment company Activision Blizzard has appointed veteran Fox Sports executive Pete Vlastelica to lead its Major League Gaming (MLG) arm.
ESL Pro League sells three more team slots for nearly $20m
The ESL Pro League has sold three team franchise positions to the BIG, Furia and Heroic professional esports outfits for a combined total of nearly $20m (€23.2m).