Sony Interactive Entertainment has sold its ownership stake in the fighting tournament EVO to NODWIN Gaming, a company that's also backed by the Sony Group Corporation, but owned by Nazara Technologies. SIE will continue to sponsor the event globally through to 2028, while NODWIN Gaming will take over co-ownership duties alongside RTS.
The news was announced with a "Business Update" blog post on the official EVO website, where the Evolution Championship Series called the change "a major step forward" for the tournament.
On the transition, SIE senior vice president and head of global partner development and relations, Phil Rosenberg, said, "When SIE acquired Evo alongside RTS in 2021, our goal was to help the Evo community grow and spotlight the skills and passion of fighting game fans on a global stage. As SIE transitions to become an Evo sponsor, the momentum for Evo has never been stronger, following a successful Las Vegas event and upcoming expansion to new regions. We look forward to supporting the continued growth of Evo globally."
For NODWIN Gaming's part, co-founder and managing director Akshat Rathee added, "Evo was built by a team whose authenticity and passion for the fighting game community are unmatched. We will continue SIE’s great work and honor the legacy of everyone who has made it what it is today, while opening the door for a new generation to experience the spirit of Evo."
Today's update also included the introduction of a new partner, Qiddiya, which is now a global partner of the tournament and an investor in its co-owner, RTS.
While Sony Interactive Entertainment is no longer a part owner of the tournament, as a global sponsor we can still expect to see SIE and PlayStation use the tournament to showcase upcoming products like the recently unveiled FlexStrike fight stick and playable demos of upcoming fighting games like Marvel Tokon: Fighting Souls, which attendees at this year's show had the chance to try.
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