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Riot Games

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Article Genealogy
Parent: Tencent Holdings Hop 3
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Riot Games
Riot Games
source
Company nameRiot Games
FoundedSeptember 2006
FoundersBrandon Beck, Marc Merrill
LocationLos Angeles, California

Riot Games is a renowned American video game developer and electronic sports tournament organizer, best known for developing League of Legends, a multiplayer online battle arena game. Founded in 2006 by Brandon Beck and Marc Merrill, the company has grown to become one of the most successful and influential game developers in the world, with a significant presence in the esports industry, competing with other major game developers like Blizzard Entertainment and Valve Corporation. The company's headquarters is located in Los Angeles, California, and it has offices in various locations around the world, including Seoul, Tokyo, and Sydney. Tencent Holdings acquired a majority stake in the company in 2011, and Google and Facebook have also invested in the company.

● History

The history of the company began in 2006 when Brandon Beck and Marc Merrill founded the company with the goal of creating a game that would allow players to compete against each other in a multiplayer online battle arena. The company's first game, League of Legends, was released in 2009 and quickly gained popularity, with millions of players worldwide, including professional players like Lee "Faker" Sang-hyeok and Kim "Reignover" Yeu-jin. The game's success led to the creation of the League of Legends Championship Series, a professional esports league, which has become one of the most popular and competitive esports leagues in the world, with teams like SK Telecom T1 and Samsung Galaxy. The company has also partnered with other game developers, such as Epic Games and Ubisoft, to create new games and esports tournaments.

● Games

The company has developed several games, including League of Legends, Teamfight Tactics, and Legends of Runeterra, which have all become extremely popular among gamers, with a large player base and a significant presence in the esports industry, competing with other popular games like Dota 2 and Heroes of the Storm. League of Legends is a multiplayer online battle arena game that allows players to compete against each other in teams, with a large pool of playable characters, known as champions, including Ashe, Ryze, and Lux. The game has a large player base, with millions of players worldwide, including professional players like Jung "Impact" Eon-yeong and Yiliang "Doublelift" Peng. The company has also developed Teamfight Tactics, a strategy game that allows players to compete against each other in a turn-based format, with a large player base and a significant presence in the esports industry, competing with other popular games like Auto Chess and Dota Underlords.

● Esports

The company has a significant presence in the esports industry, with several professional esports teams, including Team SoloMid and Cloud9, competing in various esports tournaments, such as the League of Legends Championship Series and the World Cyber Games. The company has also partnered with other esports organizations, such as ESL and Intel Extreme Masters, to create new esports tournaments and events, including the Intel Extreme Masters and the ESL Pro League. The company's esports teams have won several championships, including the League of Legends World Championship and the Mid-Season Invitational, with players like Kim "Pine" Do-hyeon and Gao "Ning" Zhen-Ning competing at the highest level.

● Controversies

The company has been involved in several controversies, including a sexism and harassment scandal in 2018, which led to the departure of several high-profile employees, including Marc Merrill and Brandon Beck. The company has also faced criticism for its handling of toxicity and harassment in its games, with some players and esports professionals, such as Tyler1 and Perrikary, speaking out against the company's policies. The company has also been criticized for its monetization practices, with some players feeling that the company's microtransaction system is unfair and exploitative, with games like League of Legends and Teamfight Tactics offering in-game items and cosmetics for purchase.

● Corporate Affairs

The company has a complex corporate structure, with Tencent Holdings owning a majority stake in the company, and Google and Facebook also investing in the company. The company's headquarters is located in Los Angeles, California, and it has offices in various locations around the world, including Seoul, Tokyo, and Sydney. The company has also partnered with other companies, such as Microsoft and Amazon, to create new games and esports tournaments, including the Microsoft Esports Tournament and the Amazon Esports Series. The company's revenue has grown significantly in recent years, with the company generating hundreds of millions of dollars in revenue each year, with a significant portion coming from esports and game development, competing with other major game developers like Activision Blizzard and Electronic Arts. Category:Video game companies

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