Riot Games

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Riot Games
Riotlogo.png
Riotheadquarters.jpeg
"Riot Games' Logo and Headquarters" Site
Type Corporation
Launch Date 2009
Status Active
Product Line League of Legends
Valorant
Arcane
Platform Mac
Windows
Website www.riotgames.com


R
iot Games
is a software company known primarily for their video games League of Legends and Valorant.[1] Founded in 2006 by Brandon Beck and Mark Merrill, they released League of Legends in 2009 and Valorant in 2020. Riot Games also hosts a number of esports tournaments for both of their games. The company also worked with Fortiche Productions to release Arcane, a TV series focused on two playable characters in League of Legends.

History

Riot Games' was founded to "develop, publish, and support the most player-focused games in the world" according to their website. They have headquarters in Los Angelos, California, and currently have over 3,000 employees worldwide. [2] Founders Brandon Beck and Mark Merrill met at the University of South California where they took classes together. [3] Both Merrill and Beck worked at banks after college, but eventually realized that wasn't what they wanted. The two had connected together over their love for video games, specifically Warcraft 3's Defense of the Ancient: Allstars[4] and Starcraft's Aeons of Strife, both of which were community made mods for their games which resembled the very first Multiplayer Online Battle Arenas (MOBAs). In fact, Riot Games would hire one of the developers of DotA: Allstars as one of their first employees, and League of Legends main competitor today Dota 2 was designed by the founder of Defense of the Ancients: Allstars after he[5] was hired by Valve. Chinese company Tencent would come to own 100% of Riot Games and become its parent company in 2015.


Esports

Riot Games hosts a number of esports leagues, the most well known of which is the League of Legends World Championship. This event is the among most watched sports events in the world[6], and had over 100 million unique viewers in 2019, making it the most popular esport.[7]. In 2021, the prize pool was $2,250,000 USD[8] and had 22 teams compete. In order to qualify, each team needs to place highly in their own regional esports league, which Riot Games also hosts. The total prize pool for all League esports in 2019 was around 9.15 million USD [9]

Riot Games also recently started hosting esports league for Valorant, of which, like the League of Legends World Championship, culminated in the Valorant Champions tournament. It debuted in 2021, and crowned its first ever winners, a team known as Acend. [10] This tournament has a slightly smaller prize pool of around $600,000 USD but this could be due to it being the tournament's nascent year.[11]

Ethical Issues

Tencent

Tencent bad

Sexual Harassment and Discrimination Lawsuit

Harassment bad

References

  1. Riot Games' Website https://www.riotgames.com/en
  2. https://www.riotgames.com/en/who-we-are
  3. https://www.polygon.com/2016/9/13/12891656/the-past-present-and-future-of-league-of-legends-studio-riot-games
  4. https://en.wikipedia.org/wiki/Defense_of_the_Ancients
  5. https://en.wikipedia.org/wiki/IceFrog
  6. https://www.kotaku.com.au/2016/06/more-people-watched-league-of-legends-than-the-nba-finals/
  7. Business Insider on League of Legends World Championships https://www.businessinsider.com/league-of-legends-world-championship-100-million-viewers-2019-12
  8. https://liquipedia.net/leagueoflegends/World_Championship/2021#Prize_Pool
  9. https://www.statista.com/statistics/807925/lol-tournament-prize-pool/
  10. https://liquipedia.net/valorant/VALORANT_Champions_Tour/2021/Champions
  11. https://en.wikipedia.org/wiki/2021_Valorant_Champions#Winnings