Tag Archive

Riot Games acquires Radiant Entertainment

Posted on March 9, 2016 by Fionna Schweit

Riot games (maker of League of Legends) is not a company you often see in the news. They tend to spend most of their time on League, because its one of the most popular games in the world. So I was surprised to see the news that they had acquired Radiant Entertainment. In a statement Radiant said “We are delighted to announce that Radiant Entertainment has been acquired by Riot Games. At Riot, our developers will continue their mission of building incredible games that speak to us personally as players. You’re probably wondering what this means for our games.”

As for those games, it seems that development of Stonehearth, a Minecraft like block building survival game, will continue, however Rising Thunder is not so lucky. “As for Rising Thunder, the team will start work on a new game that we’re incredibly excited about. We wish we could say more now, but rest assured you’ll hear more when the time is right. For now, we will be permanently closing Rising Thunder on March 18th. Thanks to everyone who participated in the Alpha! ” I was not privileged as to get in to the Betas for Rising Thunder, but I did hear just a little bit about it through the main games media, and I can say im not too surprised Riot put a lid on it for good.

Rising Thunder no more

Rising Thunder has been canned

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Tencent Purchases Remaining Stake In League of Legends Developer Riot Games

Posted on December 17, 2015 by Rae Michelle Richards

League Of Legends Logo 2015

TenCent the Chinese technological behemoth that operates the popular Chinese FPS Cross Fire and holds a minority stake in Epic Games among other entertainment ventures has purchased the remaining equity in League of Legends developer Riot Games.

This change in ownership was announced via Riot Game’s official website. They say that this allow them to offer more competitive wages and benefits to the employees while continuing their upward growth.

Here’s the full statement as it appears on Riot’s website:

“As a result of our continued growth and changing circumstances, we’re shifting to a new structure to recognize and reward Rioters’ contributions – and that first involves a big change to our existing equity program. As part of this effort, our majority investor, Tencent, recently purchased the remaining equity of Riot Games. This allows us to move away from a Riot equity program towards a cash based incentive program that allows Rioters to share in Riot’s success. This program comes in addition to our highly competitive salaries, open PTO, learning and development programs, 401K match, subsidized medical plans, and kitchens stocked with snax (poro and otherwise) all full-time Rioters get.”

TenCent originally invested a reported $400 million USD in Riot Games in return for a majority share in 2011. After this acquisition it was reported that League has earned Riot more than $960+ million dollars per year according to their 2014 financials.

Considering that this is a business transaction I don’t think that existing League players should be too concerned about their favorite heroes disappearing into the aether.

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Was There A League of Legends Card Game In The Works?

Posted on October 13, 2013 by Rae Michelle Richards

League Of Legends Logo 2015

Over the weekend a twitter account belonging to Riot Game’ president and co-founder Mark Merrill appears to have been compromised. A hacker using the handle ‘Jason’ took control of Mr.Merrill’s account on Saturday and posted several images and details for a cancelled &unannounced League of Legends trading card game called ‘League of Legends Supremacy’.

Supposedly the game had been completed by the folks over at Riot Games but for unknown reasons they decided to scrap the project before announcing it. Jason had threatened to release a 200MB zip file containing several images from the project but stopped short of doing so. Instead he provided twitter users with copies of the in-game text from the project, several templates and a single image of a supposed login screen.

It is unknown if Jason actually possessed a working version of League of Legends: Supremacy or if he was simply in possession of leaked screenshots. After the Merrill regained control of his account he tweeted that Riot Games works on ‘a variety of ideas… that may never see the light of day.”

Source: Kotaku

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League of Legends On Watch After Heroes of Newerth Hack

Posted on December 19, 2012 by Rae Michelle Richards

Fans of the MOBA genre and the creators of their favorite games are on watch after Heroes of Newerth was hacked this afternoon. Originally appearing on Reddit, a user by the name of Ryan_HTP posted about the hack with a twitter link as supposed truth. Apparently he made off with the usernames and passwords for the games accounts.

According to Ryan he’s also planning to attack competing game, League of Legends, a later time just to enrage its fan base. Surely this will put Riot Games on watch for potential security breaches but can one person bring down an entire development studio? As Kotaku postulate’s a remote possibility.

As he wrote on Reddit:

“I hacked HoN because there’s nothing as hilarious as seeing a bunch of fanboys of a game get enraged over the fact that their favourite game has been hacked”

Do you enjoy the MOBA Genre? Will you be changing your passwords in light of these recent events?

Source: Reddit via Kotaku

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Make Money From League of Legends, Officially

Posted on June 5, 2012 by Andrew Minott

Today Riot Games released a brief guide (in plain English, not legalese) officially informing the League of Legends community that they fully allow not only the production and uploading of League of Legends content on video sites such as YouTube and Twitch.tv, but also the collection of advertising revenue associated with such content by the producers. This was done to remove any ambiguity regarding the legal problems that could potentially arise from someone broadcasting (and making money from) intellectual property that is owned by someone else.

In the past few months, the number of popular professional players who occasionally stream their games live online has increased dramatically, even receiving front page news coverage on Riot’s LoL site. And the public launch of a full Spectator Mode last month has also increased the amount of amateur commentary tracks to be found on YouTube. Today’s official announcement puts to rest any concerns that such content producers could possibly be committing any kind of copyright infringement, especially in light of controversies surrounding the embattled Stop Online Piracy Act (SOPA) in the United States, and similar legislation currently under discussion in other countries.

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LOL: Invitational For The Pros, Bonus For The Players

Posted on May 31, 2012 by Andrew Minott

Riot Games has announced that on Friday, June 1st, they will be hosting the first ever Riot World Invitational in Las Vegas, broadcast live on their website beginning at 12pm Pacific time. The Invitational will feature a set of matches pitting five top-ranked League of Legends players from around the world against five of the best Riot staff members.

Additionally, for all League of Legends players, Riot will be giving a 100% bonus on all Influence Points earned in-game from Friday evening at 7pm Pacific until 7am on Monday, June 4. This bonus is in celebration of their Facebook page receiving over 3 million ‘likes.’ (Currently, they have over 3.4 million.)Read More

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Riot Games Raising Cash for Kids

Posted on May 4, 2012 by Andrew Minott

From now until May 18th, League of Legends makers Riot Games is donating the entirety of the purchase price of the champion Jax and his Jaximus skin to the Make-A-Wish Foundation, as well as marking both of those items at a 50% discount. Riot said they were inspired to make this move after partnering with the Foundation to provide a trip and tour of their offices for Joe, a young man with a rare bone cancer. ” We were excited to meet him, and were blown away by his courage and positive attitude,” said Riot’s Brandon Beck.

Photos from Joe’s trip after the jump!Read More

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