View source for News/China Media Group,VSPO and Esports World Cup Inks Strategic Cooperation Agreement

{{News
|seo_title=China Media Group,VSPO and Esports World Cup Inks Strategic Cooperation Agreement
|seo_keywords=Esports World Cup
|image=Ewc vspo china media.png
|tags=Esports World Cup
|date=2024-07-15T16:36:03.000Z
|sources={{NewsSource
|source=PR NewsWire
|url=https://www.prnewswire.com/news-releases/china-media-group-esports-world-cup-and-vspo-sign-strategic-cooperation-agreement-on-national-institute-for-esports-development-302196518.html
|article=News/China Media Group,VSPO and Esports World Cup Inks Strategic Cooperation Agreement
}}
|author=Andura
|category=Business
|content=China Media Group announced the launch of the CMG National Institute for Esports Development in Beijing on Friday, alongside signing a strategic cooperation agreement with the Esports World Cup Foundation and [[Companies/VSPO|VSPO]]. This initiative aims to collaborate on organizing future esports events.

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CMG, known for operating state television networks like CCTV. VSPO, in collaboration with the Esports World Cup Foundation, is currently hosting the inaugural Esports World Cup in Riyadh, featuring a record-breaking prize pool exceeding $60m.

VSPO chairman Dino Ying stated '''"It's a huge honor to be a strategic partner with the Chinese Media Group and the Esports World Cup Foundation with the establishment of the CMG National Institute for Esports Development, which marks another key sign of Beijing's support for esports development,"'''
}}