Sony buys Evo esports tournament

In a joint agreement with a company called RTS, Sony has bought the Evolution Championship Series, one of the oldest and longest-running esports tournaments in the world. Sony didn't disclose the terms of the deal but did note it will operate the organization with help from RTS, which is an offshoot of talent management agency Endeavor. According to Sony, Evo co-founders Tom and Tony Cannon will stay on in advisory roles to help continue to guide the organization. "The new partnership is committed to bringing amazing tournaments and competitive gaming experiences back to you this year and beyond," the two said in a joint statement. Last year, Evo was scheduled to go forward as an online-only event but was canceled after co-founder Joey "Mr. Wizard" Cuellar was accused of assaulting a minor.