Silicon Beach Report Dec. 16: Riot Signs $300M Internet Broadcasting Deal for ‘League of Legends’

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Riot Signs $300 million internet broadcasting deal for ‘League of Legends,’ Soylent powder goes back on sale just in time for Christmas, and Activision’s Call of Duty tops sales charts.

Riot Signs $300M Internet Broadcasting Deal for ‘League of Legends’

Riot Games signed a $300 million internet broadcasting deal with BamTech for online streaming rights to “League of Legends” tournaments, reports Variety. The deal goes through 2023 and gives BamTech exclusive rights to distribute and develop “League of Legends” e-sports tournaments, as well as sell ads and sponsorships.

Soylent Powder Goes Back on Sale Just in Time for Christmas

After recalling a bad batch of its powder due to reported instances of consumers becoming sick, Soylent has put its meal replacement powder back up for sale, reports TechCrunch. Soylent reformulated the powder to remove what it believed to be the problem ingredient, algal flour.

Activision’s ‘Call of Duty’ Tops Sales Charts

Activision’s first-person shooter video game “Call of Duty” was the number one selling video game in the world this year, reports Forbes. Despite topping the charts, the game’s sales were down from last year, which has caused investment bank Stifel Financial Corp. to lower its revenue forecast for the company.

Send tips on L.A. tech companies and startups to reporter Garrett Reim via [email protected]. Follow @garrettreim on Twitter for the latest in L.A. tech news.

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