Rights & Deals

Tencent Secures Major Esports Rights Deal, Revamping Live Streaming with NVIDIA GeForce Now

Tencent signs a major multi-year esports rights deal worth $1.2 billion, integrating NVIDIA GeForce Now to enhance live streaming experiences for millions of viewers.

··2 min read
Tencent Secures Major Esports Rights Deal, Revamping Live Streaming with NVIDIA GeForce Now

# Tencent Secures Major Esports Rights Deal, Revamping Live Streaming with NVIDIA GeForce Now

In a significant milestone for the esports industry, leading Chinese multimedia conglomerate Tencent has sealed a substantial multi-year rights deal valued at $1.2 billion. This agreement not only grants Tencent exclusive broadcasting rights to major tournaments but also integrates state-of-the-art live streaming technology from NVIDIA GeForce Now, poised to elevate viewer experiences and engagement.

## The Multi-Year Rights Deal Unveiled Tencent's acquisition of these rights marks a pivotal shift in the landscape of esports broadcasting. According to sources close to Tencent, the deal includes exclusive coverage of top-tier events such as the League of Legends World Championship (LoL WC) and the Dota 2 International, among others. “This partnership solidifies our commitment to bringing the best esports content directly to fans,” said Jane Chen, Head of Esports at Tencent.

## NVIDIA GeForce Now Integration Enhances Live Streaming Central to this agreement is the integration of NVIDIA GeForce Now, a cloud gaming platform that offers high-definition streaming with minimal latency. The technology will allow Tencent to stream games in 4K resolution at up to 60 frames per second (fps), ensuring a seamless and immersive experience for viewers. “NVIDIA is thrilled to be part of this groundbreaking initiative,” commented Alex Zhang, Director of Esports Partnerships at NVIDIA. “Our technology will not only enhance the quality of esports broadcasts but also democratize access to high-quality gaming experiences.”

## Data Points Highlighting the Deal's Impact The deal is expected to attract a significant audience, with projections indicating that Tencent’s platforms could reach over 100 million unique viewers annually. Furthermore, the integration of GeForce Now is anticipated to reduce buffering times by up to 50%, significantly improving viewer satisfaction and engagement.

## Conclusion Tencent's strategic move underscores the growing importance of high-quality live streaming in esports broadcasting. By leveraging NVIDIA GeForce Now’s advanced technology, Tencent aims to set new standards in content delivery, ensuring that fans receive an unparalleled experience. As esports continues to evolve, partnerships like these will undoubtedly shape the future of how viewers consume and interact with competitive gaming.

ZO
Zara Osei

Rights & Deals Correspondent · Sports Media Intel

Covering the business of rights & deals for Sports Media Intel — the intelligence layer for sports media industry professionals tracking rights deals, streaming strategy, and broadcast technology.

All articles by Zara Osei

Discussion

Join the conversation

0/2000

Comments are moderated. Please keep discussion respectful and on-topic. Flag inappropriate content using the flag icon.