Activision purchases Major League Gaming for $46M

Activision has purchased Major League Gaming for $46 million. MLG’s Board of Directors approved this sale back on December 21st. Stock holders were made aware of this change today, with the company getting a new CEO, Greg Chisholm.

This may effect MLG since a third party publisher owns them now. Activision will likely want to use MLG to promote their own products, which you can’t blame them after spending $46M I guess. Whether gamers will still look to MLG for any content knowing a major publisher owns them remains to be seen.