• Gaming
  • Simulation
  • Esports
  • Entertainment
  • Technology
Simulation Daily
No Result
View All Result
Sign up for Our Newsletter
Simulation Daily
  • Gaming
  • Simulation
  • Esports
  • Entertainment
  • Technology
No Result
View All Result
Simulation Daily

Sony Sells Stake in Evo but Remains a Sponsor

Brittany Alvaby Brittany Alva
August 22, 2025
in News
Reading Time: 3 mins read
Evo 2025 business report
ShareTweetShare

The Evolution Champion Series (or Evo, as most know it) revealed today that it’s getting a new co-owner as Sony Interactive Entertainment (SIE) sells its stake, though it’s still remaining a sponsor.

You might also like

Today in Flight Simulation News – December 3, 2025

American Truck Simulator Shows the Cities of the Route 66 Rework

The Elder Scrolls IV: Oblivion Fan Remake Skyblivion Has Been Delayed

SIE has sold its stake in Evo to Nodwin Gaming, which also happens to be backed by the Sony Group Corporation. This makes Nodwin Gaming a new co-owner of Evo.

However, SIE will still be a global partner for Evo through 2028. It will also continue the PlayStation Tournaments platform.

Phil Rosenberg, SVP and Head of Global Partner Development and Relations at SIE, shared a bit of insight into the group’s original role with Evo:

“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.”

Nodwin Gaming Co-Founder and Managing Director, Akshat Rathee, also spoke about the news:

“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.”

At the same time, Qiddiya has announced that it is investing even more in RTS, the other co-owner of Evo. It’s also extending its global partnership with Evo from last year until 2027.

CEO of RTS, Stuart Saw, spoke a bit about the investment announcement:

“Teaming up with Qiddiya strengthens the future of RTS and what we’re building with Evo, an event that lives up to its name by driving real transformation in the fighting game community through new opportunities, deeper connections, and meaningful growth.”

Evo’s 2025 business update explains that these new partnerships and a “realignment” have the goal of pushing Evo’s plans for more original content while also creating more community-focused experiences at the live events.

Rich Thiher, the General Manager of Evo, spoke a bit about this:

“In recent years, Evo hosted record-setting events in the USA and Japan, and our upcoming premiere in France is already breaking European records. These latest partnerships join the ongoing support from our global and regional partners in accelerating Evo’s expansion from hosting renowned live events to serving as a nexus point for fighting game culture worldwide.”

Evo recently just held the largest in-person tournament in the history of Japan, seeing 30,000 in attendance at Evo Japan 2025. It’s continuing to grow in Las Vegas, and it’s also hosting its first-ever European tournament in Nice later this year. Plus, 2027 will see an event in Singapore, as well.

Related Posts

American Truck Simulator 1.55

American Truck Simulator Update 1.55 Officially Released

July 1, 2025
Microsoft Flight Simulator Bombardier Challenger 350

Today in Flight Simulation News – January 6, 2025

January 6, 2025
Microsoft Flight Simulator 2024 Gothenburg Landvetter Airport

Today in Flight Simulation News – March 24, 2025

March 25, 2025

Browse by Category

  • Editorials
  • Events
  • Guides
  • Interviews
  • News
  • Previews
Tags: EvoGamingNewsNodwin GamingQiddiyasony
ShareTweetShare

Recommended For You

Microsoft Flight Simulator Igloolik Airport
News

Today in Flight Simulation News – December 3, 2025

December 4, 2025
American Truck Simulator Route 66
News

American Truck Simulator Shows the Cities of the Route 66 Rework

December 3, 2025
The Elder Scrolls IV: Oblivion Fan Remake Skyblivion Has Been Delayed
News

The Elder Scrolls IV: Oblivion Fan Remake Skyblivion Has Been Delayed

December 3, 2025
Monster Cleaning Sim Kaiju Cleanup Set to Feature Co-Op Upon Launch
News

Monster Cleaning Sim Kaiju Cleanup Set to Feature Co-Op Upon Launch

December 3, 2025
An A-10 Thunderbolt 2 attack jet flying close to the rocks in the Grand Canyon in Microsoft Flight Simulator 2024 on PS5, with PS5, Simulation Daily, and MSFS 2024 logos and "A-10 Grand Canyon Run on PS5" title.
News

Microsoft Flight Simulator 2024 for PS5 – Grand Canyon Trench Run: Can the PlayStation 5 Keep Up?

December 3, 2025
Gran Turismo Spec III Update featured image
News

Gran Turismo 7 Reveals Spec III Update and Power Pack DLC Details and Release Date

December 3, 2025

Next Post
Assetto Corsa EVO Roadmap of Updates Revealed Including Open Mode, Career Mode, and More

Assetto Corsa EVO 0.3 Adds Multiplayer, Improved Physics, & Much More

Simulation Daily Powered by Orbx

Navigate Site

  • About Simulation Daily
  • Our Staff
  • Ethics
  • Contact Us
  • Advertise With US
  • Gaming
  • Simulation
  • Esports
  • Entertainment
  • Technology
  • Disclaimer and Privacy Policy

Follow Us

© 2025 Orbx Ltd

No Result
View All Result
  • Home
  • Gaming
  • Simulation
  • Technology
  • Esports
  • Entertainment
  • About Simulation Daily
  • Our Staff
  • Ethics
  • Contact Us
  • Subscribe to our Newsletter

© 2024 Orbx Ltd

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?