Posted by on December 30, 2024 1:50 pm
Originally From: Pink News

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Riot Games has responded to a report that labelled Netflix’s adaptation of hit game League of Legends a “financial miss,” saying that the programme was a success from Riot’s point of view.

The two seasons of the series, Arcane, which cost $250 million (more than £198 million) to produce, was praised not only for its captivating story but also its authentic LGBTQ+ storytelling.

However, critical success failed to translate into concrete revenue for the developers, with a report showing that Riot Games recouped just half of what it cost to make.

Bloomberg revealed that Riot Games owner Tencent received $3 million (£2.3 million) per episode, with the organisation spending an additional $3 million to broadcast the show in China.

Arcane‘s critical success was not matched financially. (Netflix)

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