Sony Sells Ownership Stake in Evo to Nodwin Gaming

Sony has sold its ownership stake in the renowned fighting game tournament, Evo, to the Indian gaming and events company Nodwin Gaming. As a result, Nodwin Gaming and RTS (Remote Trading Solutions) will now be the joint owners of Evo. The acquisition marks a significant shift in the ownership structure of Evo, which has long been considered a premier event for fighting game enthusiasts. Sony's decision to exit its stake suggests a strategic move to focus on other areas of its gaming business. Nodwin Gaming, known for its involvement in the Indian esports ecosystem, will now have a significant influence on the future direction of Evo. The partnership with RTS, a global esports and entertainment company, is expected to provide additional resources and expertise to further develop and expand the Evo brand. The financial details of the transaction have not been disclosed, but the move is seen as an opportunity for Nodwin Gaming to strengthen its presence in the global fighting game community.