PUBG Corp cancels PGS, gives qualified teams $20,000 as compensation

PUBG

PUBG Corporation is giving all of the esports teams that qualified for the PUBG Global Series event in Berlin $20,000 as compensation, after it decided to cancel the events under the tournament banner. The news of compensation comes as PUBG Corp alters its esports plans for 2020 in wake of the coronavirus pandemic.

All 21 teams, plus teams in regions where qualifiers are currently taking place or have been postponed, will receive compensation for the inconvenience. The company is, however replacing PGS with the PUBG Continental Series – a multi-region online competition to help plug the gap left behind.

The PCS events will be held in May, June, and August, and will will have a total prize pool of $2.4 million across four regions. The first tournament, the PGC Charity Showdown, will offer a $100,000 prize pool in each region with an extra $100,000 donated to a charity of each of the winning teams’ choice.

In June and August, PCS events will have an increased prize pool of $200,000 per region and Pick’Em Challenges, boasting new esports cosmetics and revenue sharing options for everyone involved.

PUBG Corp hopes that the compensation and the new series will help the company build towards its ambitious yearly goal of strengthening the PUBG esports ecosystem, reaffirming its sustainability, increasing profit sharing options with teams, and expanding third-party partner events.