League of Legends maker Riot Video games has stopped work on its Twitch rival.
That’s according to Bloomberg, which studies that the initiative – dubbed Riot Esports Community (REN) – has been cancelled. This information comes following Riot slicing round 530 jobs, about 11 per cent of its employees.
“We have been testing some watch platform concepts however opted to cancel our initiative REN final week,” the agency’s president of esports, John Needham, wrote in an announcement.
REN was by no means formally introduced, however final 12 months in a weblog publish, Needham stated that Riot was trying to enhance its present resolution for watching esports – lolesports.com – although this was simply an embedded participant from Twitch or YouTube.
“We’re now growing our watch platform to go even additional and evolve it into a sophisticated commerce platform that we will use to promote digital items and companies on to our followers by means of our broadcasts,” he wrote.
“Finally, we need to mix this commerce functionality with the whole lot we find out about our gamers to promote digital items and companies which are useful to a viewer.”
REN was in-part fueled by Riot’s acquisition of a startup referred to as Kanga again in 2021.