'League of Legends' is about to make even more money thanks to Disney and MLB

disney and mlb secure rights to league of legends tourney streaming video game tournament 1200x0
Marvel, Star Wars, and now — League of Legends? That’s right, BAMTech, a company owned by Major League Baseball (MLB) in conjunction with Disney has signed off on a deal with Riot Games that would give BAMTech exclusive rights over League of Legends tournament streaming.

The agreement asserts that in order to retain this privilege to “stream and monetize” the enormously popular multiplayer online battle arena (MOBA) game, BAMTech is obligated to hand over at least $300 million to developer Riot Games by 2023. This acquisition model draws influence from video game publishing in that it’s paid over time rather than all at once.

The streaming company also plans to introduce a set of apps for smartphones, PCs, and more that will allow players to stream either directly to the app or via existing platforms like Twitch and YouTube Gaming. With over 100 million League of Legends players and counting, the stakes are high for such a streaming service to succeed.

“Our goal has always been to build League of Legends into a major global sport,” said Riot’s director of esports, Jarred Kennedy. “We want our sport to be funded by itself and we think this deal is going to help us get there.”

Riot Games, which contributes all of its resources to League of Legends alone, racks in $1 billion in revenue every year. Banking on earnings generated by advertisements and sponsorships, BAMTech and Riot together seek to take their financial success several steps further.

Before being spun out into its own company earlier this year, BAMTech was formerly a subsidiary of Major League Baseball’s MLB Advanced Media (MLBAM). Though MLBAM is still a majority stakeholder in the company, Disney has owned roughly a third of BAMTech since issuing a $1 billion check back in August.

As far as the subscription cost for using this all-in-one League viewer, Riot doesn’t plan on implementing one. That said, “premium content” added down the lines may very well be subject to fees.


‘Rocket League’ is the latest game to get full cross-platform play

Psyonix has announced that Rocket League now supports full cross-platform play across PlayStation 4, Xbox One, Nintendo Switch, and PC, joining Fortnite as the only games to do so.
Home Theater

Cutting the cord? Let us help you find the best service for live TV streaming

There's a long list of live TV streaming services available to help you cut the cord and replace your traditional TV subscription. Each is different in important ways, and this guide will help you find the best one for you.

From 4K powerhouses to tiny action cams, here are the best video cameras

Although not as popular as they once were, dedicated video cameras still have their benefits. From travel vlogging to home movies to recording your kid's little league game, here are the best video cameras you can buy right now.

You're never too broke to enjoy the best free-to-play games

Believe it or not, free-to-play games have evolved into engaging, enjoyable experiences. Here are a few of our favorites that you can play right now, including Warframe and the perennially-popular League of Legends.
Emerging Tech

Drones: New rules could soon allow flights over people and at night

With commercial operators in mind, the U.S. government is looking to loosen restrictions on drone flights with a set of proposals that would allow the machines greater freedom to fly over populated areas and also at night.

Some of Volkswagen’s electric models will wear a ‘Made in the USA’ label

Confirming earlier rumors, Volkswagen has announced it will build electric cars in its Chattanooga, Tennessee, factory. The facility currently produces the Passat and the Atlas. Production will start in 2023, Digital Trends can reveal.
Home Theater

Not chill: Netflix is hiking prices across all its tiers

Netflix has to get the billions of dollars it's spending on new content from somewhere. The streaming giant announced price hikes across the board, raising its monthly rates between $1 and $2 per tier in the next few months.
Movies & TV

NBCUniversal will launch its own streaming service in 2020

NBCU is prepping a streaming service filled with its original content for a debut sometime next year, meaning that Michael, Dwight, and the rest of the Scranton crew might be moving to a new home.

Benchmark results show Snapdragon 855 destroys previous-generation chip

Almost exactly a year after the launch of the Snapdragon 845, Qualcomm took the wraps off of its next-generation mobile platform, the new Snapdragon 855. The new chip puts an emphasis on A.I. performance.

Apple’s iPhone battery offer was reportedly way more popular than expected

As many as 11 million iPhone owners reportedly made use of Apple's cheaper battery replacement offer that launched in 2018 in response to the iPhone throttling debacle — some 10 times more than the company had apparently expected.
Home Theater

Cord-cutting has grown by 48 percent in 8 years, according to Nielsen

People are continuing to ditch cable but not all cord-cutters are the same. In fact, there are two distinct groups within the cord-cutting universe, with a very small, yet growing third group that's worth paying attention to.

Huawei in for a rough year as feds investigate alleged trade secrets theft

Huawei is also facing issues in the U.S., but it doesn't seem like that will end any time soon. According to a new report, the company is facing a federal investigation in the U.S. for allegedly stealing trade secrets.
Emerging Tech

Glowing space billboards could show ads in the night sky

Look up at the night sky in 2020 and you might see an ad for McDonald's floating among the stars. A Russian startup is working on a project that uses a constellation of small satellites in low-Earth orbit to create glowing ads.

OpenTable points can now be used to whittle down cost of a hotel stay

Have some OpenTable Dining Points built up? Now those points can also be used to make your own hotel discounts. OpenTable is teaming up with Kayak to use points as discounts on participating hotels.