Sony Interactive Entertainment Sells Stake in EVO - News
by William D'Angelo , posted on 21 August 2025 / 7,328 Views
Sony Interactive Entertainment (SIE) has sold its stake in Evolution Championship Series (Evo) to NODWIN Gaming.
NODWIN Gaming is a company backed by SIE's parent company Sony. SIE will now be a global sponsor of Evo through 2028 and will continue to commit to the fighting game community via the PlayStation Tournaments platform and key products currently in development.
"When SIE acquired Evo alongside RTS in 2021, our goal was to help the Evo community grow and spotlight the skills and passion of fighting game fans on a global stage," said SVP and Head of Global Partner Development & Relations at Sony Interactive Entertainment Phil Rosenberg.
"As SIE transitions to become an Evo sponsor, the momentum for Evo has never been stronger, following a successful Las Vegas event and upcoming expansion to new regions. We look forward to supporting the continued growth of Evo globally."
NODWIN Gaming Co-Founder and Managing Director Akshat Rathee added, "Evo was built by a team whose authenticity and passion for the fighting game community are unmatched. We will continue SIE’s great work and honor the legacy of everyone who has made it what it is today, while opening the door for a new generation to experience the spirit of Evo."
Qiddiya has become a global partner of Evo in 2024 and is investing in the co-owner and operator of Evo, RTS. It will extend its global partnership with Evo through 2027.
"Teaming up with Qiddiya strengthens the future of RTS and what we’re building with Evo, an event that lives up to its name by driving real transformation in the fighting game community through new opportunities, deeper connections, and meaningful growth," said RTS CEO Stuart Saw.
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012 and taking over the hardware estimates in 2017. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel. You can follow the author on Bluesky.
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So Sony is staying involved through a different gaming subsidiary and as a sponsor. I thought one of the reasons they got behind Tokon Marvel Fighting Spirits was because they did not have their own game to promote during EVO events and competitions. I guess this makes the event seem more platform agnostic.
Yea I don't get this move either. I figured Sony would want to be in control of EVO but maybe they don't think it's worth it.
It may make sense to remove themselves from ownership due to the conflict of interest of being one of the publishers
Cant say for sure but I could see this causing potential legal issues
Talking exclusively about Tokon, they are most likely going to build a competitive circuit around it so the probability of having to pay for 5+ events in 2027 (4 EVOs and one "Worlds" with the possibility of more events like the Capcom Super Premiers) sounds like a little too much specially when FG don't attract the same kind of sponsors other esports can.
It's also important to note that they were only getting half the money made by EVO, with a circuit of their own they get 100%. That makes EVO the perfect learning experience not only about events but also about FGC behavior.
Sony sells Evo to Sony. Okay got it.
So Sony Corp. is taking Evo from SIE and bringing it closer to themselves?
Sometimes I forget that the Sony Corp. and SIE opperate like they are different companies a lot of times.
NODWIN Gaming is only backed by Sony Corp so Sony has invested in NODWIN only, they don't fully own it.
