Riot Games has officially inked a long term deal with search engine Yandex to broadcast League of Legends esports in Russia, and will be able to monetize live broadcasts and video content.
Additionally, Riot Games will introduce a revenue sharing system for the CIS region’s Continental League which is a direct result of the deal with Yandex covering “the costs of Riot Games for the production of esports broadcasts and content.”
Riot has also agreed to a joint venture with Tencent to oversee all League of Legends esports business, including tournament organization, within China.