Games Industry
Published
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"We can break even and be self-sustaining within Riot" – The firm behind League of Legends is "super close" to making esports sustainable
Riot Games' head of publishing and esports, John Needham, states that the company's esports business is very close to achieving profitability and self-sustainability. He attributes this progress to a shift in business model from sponsorships to digital items and increased revenue sharing with esports teams, alongside efforts to grow viewership and player engagement through various transmedia initiatives.
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