Started in 2006, this form of competition was introduced following the success of the 2003 World Archery Championships in New York and the 2004 Summer Olympics with the intent of making the sport more popular and attractive to spectators, with the matches being held in 'spectacular' locations and the final matches being broadcast online.

[4] It carries sponsorship from Kia and Longines, which supports the annual Longines Prize of Precision for archery, for the "best male and female athletes that master bow and arrow through concentration, balance, accuracy, and skill".

The Longines Prize for Precision is awarded to the male and female archers who shoot the most 10s over the course of the competition at the end of the season.

The following table shows the total number of all medals (including stage and finals).

It is played in the off-season (November to February), with fewer stages and the final competed in Las Vegas.