Items tagged with one billion dollars

When it comes to the video game industry, no other game comes close to the success, and install base, that League of Legends has. Developed by Riot Games and released back in 2009, the multiplayer online battle arena (MOBA) game is estimated to boast around 67 million monthly players and according to Riot, their success is because of the company’s focus on player experience over revenue that, according to market research firm SuperData, could net them $1 billion in 2014. An example of this approach to business would be the World Championship Series tournament. At the WCS 2013 championship, which was held at the Staples Center, thousands attended the event, paying $15-$50 for seats, while... Read more...