World Snooker is the commercial entity responsible for the commercial exploitation and promotion of professional snooker events and is the custodian of the sport's commercial rights.
World Snooker Limited's main purpose is to organize and promote professional snooker events worldwide. This is done through direct promotion to major UK events such as the World Championship, UK Championship and Masters; co-promotion for international events such as the German Masters; and through sanctioned events such as the International Championship, China Open, Yushan World Open, and China Championship.
World Snooker's ultimate holding company is World Snooker Holding Limited, which is managed by Matchroom Sport Limited, Barry Hearn's private sports promotion and TV production company.
Following the acquisition of Matchroom Sport Limited in June 2010, the World Snooker Main Tour has grown rapidly from £ 3.5 million to £ 14 million in prize money, moving from 8 main tour events to a calendar of nearly 30 events.
Not only the prize money has grown. There has also been a substantial increase in global viewing figures, with more than 400 million viewers worldwide.