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Home Tournaments Mediapro Fully Acquires LVP Owner Fandroid

Mediapro Fully Acquires LVP Owner Fandroid

by Andrew Hayward May 21, 2019

written by Andrew Hayward May 21, 2019

Mediapro has acquired the remaining shares in Liga de Videojuegos Profesional (LVP) owner Fandroid, taking full control of the company.

The deal is reportedly valued at €22M ($24.6M USD). Mediapro previously acquired a majority share in Fandroid in 2016.

The LVP operates the Spanish Superliga Orange league, which includes League of Legends and Call of Duty competitions, among others.

Spanish multimedia and communications group Mediapro

<img loading="lazy" class="lazy lazy-hidden alignnone size-full wp-image-33392" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-lazy-type="image" data-lazy-src="https://y4j7y8s9.ssl.hwcdn.net/wp-content/uploads/2018/12/Database-Link-e1521645463907.png" alt="Database-Link-e1521645463907" width="16" height="15"><noscript><img loading="lazy" class="lazy lazy-hidden alignnone size-full wp-image-33392" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-lazy-type="image" data-lazy-src="https://y4j7y8s9.ssl.hwcdn.net/wp-content/uploads/2018/12/Database-Link-e1521645463907.png" alt="Database-Link-e1521645463907" width="16" height="15"><noscript><img loading="lazy" class="lazy lazy-hidden alignnone size-full wp-image-33392" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-lazy-type="image" data-lazy-src="https://y4j7y8s9.ssl.hwcdn.net/wp-content/uploads/2018/12/Database-Link-e1521645463907.png" alt="Database-Link-e1521645463907" width="16" height="15"><noscript><img loading="lazy" class="lazy lazy-hidden alignnone size-full wp-image-33392" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-lazy-type="image" data-lazy-src="https://y4j7y8s9.ssl.hwcdn.net/wp-content/uploads/2018/12/Database-Link-e1521645463907.png" alt="Database-Link-e1521645463907" width="16" height="15"><noscript><img loading="lazy" class="lazy lazy-hidden alignnone size-full wp-image-33392" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-lazy-type="image" data-lazy-src="https://y4j7y8s9.ssl.hwcdn.net/wp-content/uploads/2018/12/Database-Link-e1521645463907.png" alt="Database-Link-e1521645463907" width="16" height="15"><noscript><img loading="lazy" class="lazy lazy-hidden alignnone size-full wp-image-33392" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-lazy-type="image" data-lazy-src="https://y4j7y8s9.ssl.hwcdn.net/wp-content/uploads/2018/12/Database-Link-e1521645463907.png" alt="Database-Link-e1521645463907" width="16" height="15"><noscript><img loading="lazy" class="alignnone size-full wp-image-33392" src="https://y4j7y8s9.ssl.hwcdn.net/wp-content/uploads/2018/12/Database-Link-e1521645463907.png" alt="Database-Link-e1521645463907" width="16" height="15">

has acquired the remaining 50% stake of Fandroid, the parent company of Spanish esports organizer, Liga de Videojuegos Profesional (LVP).

Palco23 first reported the deal, and pegged the acquisition cost at €22M ($24.6M USD). Mediapro has confirmed the acquisition to The Esports Observer, but did not confirm the amount, provide comment, or make further information available.

Mediapro first acquired a majority stake in Fandroid in October 2016 to the tune of €4.6M ($5.1M USD). The LVP operates the Spanish Superliga Orange league, which includes competitions for games such as League of Legends , Call of Duty , Counter-Strike: Global Offensive , and Clash Royale . In January, Riot Games

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and the LVP partnered to establish the League of Legends UK League Championship, which includes the academy teams from Fnatic

<img loading="lazy" class="lazy lazy-hidden alignnone size-full wp-image-33392" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-lazy-type="image" data-lazy-src="https://y4j7y8s9.ssl.hwcdn.net/wp-content/uploads/2018/12/Database-Link-e1521645463907.png" alt="Database-Link-e1521645463907" width="16" height="15"><noscript><img loading="lazy" class="lazy lazy-hidden alignnone size-full wp-image-33392" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-lazy-type="image" data-lazy-src="https://y4j7y8s9.ssl.hwcdn.net/wp-content/uploads/2018/12/Database-Link-e1521645463907.png" alt="Database-Link-e1521645463907" width="16" height="15"><noscript><img loading="lazy" class="lazy lazy-hidden alignnone size-full wp-image-33392" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-lazy-type="image" data-lazy-src="https://y4j7y8s9.ssl.hwcdn.net/wp-content/uploads/2018/12/Database-Link-e1521645463907.png" alt="Database-Link-e1521645463907" width="16" height="15"><noscript><img loading="lazy" class="lazy lazy-hidden alignnone size-full wp-image-33392" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-lazy-type="image" data-lazy-src="https://y4j7y8s9.ssl.hwcdn.net/wp-content/uploads/2018/12/Database-Link-e1521645463907.png" alt="Database-Link-e1521645463907" width="16" height="15"><noscript><img loading="lazy" class="lazy lazy-hidden alignnone size-full wp-image-33392" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-lazy-type="image" data-lazy-src="https://y4j7y8s9.ssl.hwcdn.net/wp-content/uploads/2018/12/Database-Link-e1521645463907.png" alt="Database-Link-e1521645463907" width="16" height="15"><noscript><img loading="lazy" class="lazy lazy-hidden alignnone size-full wp-image-33392" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-lazy-type="image" data-lazy-src="https://y4j7y8s9.ssl.hwcdn.net/wp-content/uploads/2018/12/Database-Link-e1521645463907.png" alt="Database-Link-e1521645463907" width="16" height="15"><noscript><img loading="lazy" class="alignnone size-full wp-image-33392" src="https://y4j7y8s9.ssl.hwcdn.net/wp-content/uploads/2018/12/Database-Link-e1521645463907.png" alt="Database-Link-e1521645463907" width="16" height="15">

and Excel

<img loading="lazy" class="lazy lazy-hidden alignnone size-full wp-image-33392" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-lazy-type="image" data-lazy-src="https://y4j7y8s9.ssl.hwcdn.net/wp-content/uploads/2018/12/Database-Link-e1521645463907.png" alt="Database-Link-e1521645463907" width="16" height="15"><noscript><img loading="lazy" class="lazy lazy-hidden alignnone size-full wp-image-33392" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-lazy-type="image" data-lazy-src="https://y4j7y8s9.ssl.hwcdn.net/wp-content/uploads/2018/12/Database-Link-e1521645463907.png" alt="Database-Link-e1521645463907" width="16" height="15"><noscript><img loading="lazy" class="lazy lazy-hidden alignnone size-full wp-image-33392" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-lazy-type="image" data-lazy-src="https://y4j7y8s9.ssl.hwcdn.net/wp-content/uploads/2018/12/Database-Link-e1521645463907.png" alt="Database-Link-e1521645463907" width="16" height="15"><noscript><img loading="lazy" class="lazy lazy-hidden alignnone size-full wp-image-33392" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-lazy-type="image" data-lazy-src="https://y4j7y8s9.ssl.hwcdn.net/wp-content/uploads/2018/12/Database-Link-e1521645463907.png" alt="Database-Link-e1521645463907" width="16" height="15"><noscript><img loading="lazy" class="lazy lazy-hidden alignnone size-full wp-image-33392" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-lazy-type="image" data-lazy-src="https://y4j7y8s9.ssl.hwcdn.net/wp-content/uploads/2018/12/Database-Link-e1521645463907.png" alt="Database-Link-e1521645463907" width="16" height="15"><noscript><img loading="lazy" class="lazy lazy-hidden alignnone size-full wp-image-33392" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-lazy-type="image" data-lazy-src="https://y4j7y8s9.ssl.hwcdn.net/wp-content/uploads/2018/12/Database-Link-e1521645463907.png" alt="Database-Link-e1521645463907" width="16" height="15"><noscript><img loading="lazy" class="alignnone size-full wp-image-33392" src="https://y4j7y8s9.ssl.hwcdn.net/wp-content/uploads/2018/12/Database-Link-e1521645463907.png" alt="Database-Link-e1521645463907" width="16" height="15">

.

Related Article: Riot Games and LVP Announce New UK League

According to Palco23, Fandroid had €6.5M ($7.3M USD) in revenue for 2017, the most recent year’s data available, and logged 28.6M total viewers in 2018—a 64% increase over 2017. Last November, Mediapro launched its U-Beat streaming platform in Spain and Latin America.

acquisitionseuropeFandroidleague of legendsLiga de Videojuegos ProfesionalLVPmediaprospainUK

Acquires Fandroid Fully LVP Mediapro Owner

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