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Entertainment and Sports Law Internet Law Litigation

ESports Streaming Deal Part of Law Firm Practice Aims

It’s a deal that provides a potential look into a future where esports, like traditional sports before them, provide a potentially lucrative practice area for firms that want to plant a flag in that plot.

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HUYA, China’s largest online video game company, agreed to be purchased by DouYu International Holdings, another livestream gaming company, in what will create an $11 billion gaming giant in the world’s largest streaming market. Tencent Holdings, the technology conglomerate that operates messaging services Tencent QQ and WeChat, owns stock in both companies and will end up with 68% of the new entity’s voting shares.

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