This is probably one of the biggest esports acquisition of 2021 rumored to be with hundreds of millions.
Taken from Engadget … In a joint agreement with a company called RTS, Sony has bought the Evolution Championship Series, one of the oldest and longest-running esports tournaments in the world. Sony didn’t disclose the terms of the deal but did note it will operate the organization with help from RTS, which is an offshoot of talent management agency Endeavor.
A message to our community. For more information visit https://t.co/6JHZCsJsXr pic.twitter.com/uj0NKRW30m
— EVO (@EVO) March 18, 2021
According to Sony, Evo co-founders Tom and Tony Cannon will stay on in advisory roles to help continue to guide the organization. “The new partnership is committed to bringing amazing tournaments and competitive gaming experiences back to you this year and beyond,” the two said in a joint statement. In a separate message, Evo business developer Mark Julio said the tournament will continue to be open to all gaming platforms.
Source: Engadget