Masters at work: how Riot grew Valorant into its second global esport
Riot Games has successfully grown Valorant into a major global esport, second only to League of Legends, by focusing on community engagement and diversifying revenue streams beyond sponsorships. Bill Pan, Head of Product Strategy for Valorant Esports, highlights how in-game digital goods have been crucial for funding the esports ecosystem, allowing Riot to thrive despite broader industry challenges like an 'esports winter'. The company continuously adapts its content and distribution strategies to maintain relevance with evolving player bases and changing entertainment consumption habits.
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