Bilibili Reportedly Pays $113million For League of Legends World Champs
December 4, 2019
Chinese company Bilibili has reportedly paid around 800 million yuan ($113m) for the broadcast rights in China to the League of Legends World Championships.
It is supposed to be a three-year deal according to reports from Beijing News, with a number of other streaming platforms also bidding for the rights to broadcast the tournament.
The company owns two Esports teams and the finals are due to take place in Shanghai, with last year’s finals in Beijing taking place in front of over 44,000 fans and the venue in Shanghai having the capacity to hold 56,000 supporters in the arena.
This is yet another huge deal within the world of Esports, more of which we will be hearing about from our Esports panel at tomorrow’s iSportconnect Dubai Summit: https://www.isportconnect.com/event/2019-dubai-summit/
