Major League Gaming has a new owner and mission

Major League Gaming, the popular esports broadcasting and promotions company, has been purchased by Activision Blizzard. Over the weekend reports surfaced that MLG’s board of directors approved an agreement granting Activision Blizzard the majority of MLG’s assets in exchange for $46 million, but official confirmation wasn’t given until later. According to Activision CEO Bobby Kotick, the company will continue to operate the, MLG Pro Circuit, and GameBattles platforms with an eye towards creating “the ESPN of esports.”

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