Each week, ESI Digest breaks down the weekly happenings in the esports industry, making sense of things so you don’t have to. As well as being housed on YouTube, ESI Digest is available on all major podcast platforms and is also available in written form below. In this week’s ESI Digest, we cover Huya’s monumental Chinese League of […]
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Huya agrees five-year, £224m broadcast deal for Chinese League of Legends
Chinese livestreaming platform Huya has signed an exclusive media rights deal worth ￥2,013m RMB (~£223.88m) for League of Legends esports in China. RELATED: Bilibili lands exclusive Chinese rights for League of Legends World Championship, more Huya secured the five-year agreement with TJ Sports, China’s League of Legends operator which is a joint venture between Tencent […]
Tencent Asks DouYu and Huya to Merge, Looks to Increase its Stake in Huya
Monday, the boards of directors of Chinese live-streaming platforms DouYu and Huya received preliminary non-binding proposal letters from Tencent Holdings proposing that the two companies enter into a stock-for-stock merger. Tencent is looking to convert all DouYu shares into Huya Class A ordinary shares, making Huya the surviving entity of the merger. Since Tencent is […]
Team Liquid and Huya Streaming Partnership Extended to 2022
Esports organization Team Liquid and Chinese livestreaming platform Huya have extended their streaming partnership to 2022. Team Liquid signed an initial deal in June of 2019 to stream select Team Liquid competitive esports content, some of which was translated to Mandarin in “real-time” for Huya’s audience. Financial terms of the deal were not disclosed. The […]