When is the Overwatch Lunar New Year Event ending? - Dexerto
Overwatch

When is the Overwatch Lunar New Year Event ending?

Published: 5/Feb/2019 14:05 Updated: 12/Feb/2019 13:17

by David Purcell

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Overwatch has allowed players to join in with Asia’s annual festivities in style with its Lunar New Year event, but it will soon come to an end. 

The event, which brought a brand new selection of skins and other cosmetics to the game, was first launched on January 24 to celebrate the Year of the Pig. 

While there’s a wide selection of exclusive content up for grabs and the competitive Capture the Flag mode is still available to play, we are quickly approaching the finish line. 

Players can still unlock a number of event-themed skins from loot boxes, or in-game credits. This includes a mix of both brand new skins for 2019, as well as ones from years gone by. Older skins are priced at 1,000 credits and newer outfits cost up to 3,000.

With an official close date of February 18, you don’t have long left to reap the rewards of the Lunar New Year event. 

Blizzard EntertainmentZhang Fei Torbjörn, one of the new skins to land during Overwatch’s Lunar New Year event.

Six new legendary skins were added to Overwatch in this time, which include: Lü Bü Reaper, Huang Zhong Hanzo, Guan Yu Reinhardt, Zhang Fei Torbjörn, Zhuge Liang Zenyatta, Hong GilDong Tracer, Sanye Orisa and General Brigitte. 

Much of the new content, old skins and the Capture the Flag mode will depart from the game towards the end of the month, ready to come out again next year. 

The Lunar New Year event ends just days before the second season of Overwatch League kicks off. You can find everything you need to know about the OWL in our dedicated hub page. 

Following the conclusion of the Year of the Pig, fans will likely have roughly two months to wait before the next event begins. Assuming Blizzard follow a similar schedule to 2018, and don’t introduce an entirely new event beforehand, next on the slate should be a new addition to the Archives event.

Overwatch Archives offers players the chance to fight through historic missions performed by the Overwatch team, and typically brings an injection of new lore as well. Previous iterations added the “Uprising” and “Retribution” missions, which should be expected to return for 2019 along with an as-yet unknown new challenge.

Business

Activision in talks to reduce fees owed by CDL & Overwatch League teams

Published: 2/Dec/2020 22:14 Updated: 2/Dec/2020 22:35

by Theo Salaun

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Recent reports from The Esports Observer indicate that Activision Blizzard are in the midst of discussions to possibly reduce the amount the amount owed by Overwatch League and Call of Duty League franchises as part of their entry fees.

With all OWL and CDL plans derailed over the past year, Activision are reportedly trying to rework the hefty investments that organizations have made into their franchising opportunities. When the massive game development company pitched both leagues, neither was expected to be profitable in the short-term, but projections have taken an even greater hit due to current global restrictions.

A groundbreaking esports concept centered around the city-based model that is used in traditional sports, Activision required $20 million entry fees for the OWL’s first 12 teams and then fees in the range between $30 to $60 million for its next eight. For the CDL’s inaugural season, 12 teams needed to put up at least $25 million apiece, even more for cities that were in high-demand.

Now that the plans for local events have understandably shifted, neither league is expanding for their next season and ownership groups in both are looking for ways to save cash. As reported by The Esports Observer’s Adam Stern, this has engendered cost-cutting discussions with Activision’s latest new senior executive hire, Tony Petitti.

overwatch league 2020 event crowd
Ben Pursell For Blizzard Entertainment
One of the many avid crowds at Overwatch League events.

Petitti, formerly Major League Baseball’s deputy commissioner, was hired by Activision Blizzard CEO Bobby Kotick to a senior role involved with both of their leagues as the President of Sports and Entertainment. He joins Johanna Faries, a former National Football League executive, who brings a traditional sports perspective as the commissioner for both the CDL and OWL.

Given their experience with city-based sports leagues, Activision is likely aware of the profitability challenges that their current esport and sport investment groups are facing. As such, it should be no surprise that they are willing to have conversations about concessions that can make current projections fit closer to the original expectations.

As Stern reports, those discussions have included discounting some of the original entry fees: “one idea that is being weighed is reducing the amount of money they owe to the video game maker.” 

Call of Duty League LAN
Call of Duty League
Following in the OWL’s footsteps, the CDL also had huge enthusiasm for live events.

With Immortals Gaming Club selling their Los Angeles Call of Duty franchise to 100 Thieves and reportedly being interested in selling their OWL spot as well, many are wondering if franchise valuations have shifted.

Fortunately, it appears that the profitability projections have remained somewhat consistent despite current predicaments. As reported by Forbes’ Christina Settimi, 100 Thieves COO John Robinson would not set an exact figure on their LA Thieves purchase, but suggested that “franchise values have held up.”

Activision would likely want to avoid an exodus of owners, so these discussions to cut costs and protect brand health are reportedly ongoing.