tiprankstipranks
HUYA Inc. Cuts League of Legends Broadcast Costs
Company Announcements

HUYA Inc. Cuts League of Legends Broadcast Costs

Huya (HUYA) has released an update.

Pick the best stocks and maximize your portfolio:

HUYA Inc. has renegotiated its License Agreement for Broadcasting League of Legends with a Tencent affiliate, resulting in a decreased license fee from RMB 450 million to RMB 230 million for the years 2024 to 2025. The Company’s Board of Directors and audit committee have approved the amended agreement, which reflects a significant cost reduction for the upcoming years.

For further insights into HUYA stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyHuya price target lowered to $5 from $5.90 at Citi
TipRanks Auto-Generated NewsdeskHUYA Inc. Shows Resilient Growth Amid Challenges
TipRanks Auto-Generated NewsdeskHuya’s Game Services Boost Q3 Financial Results
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App