World Series of Video Games shuts down
The World Series of Video Games is no more. The WSVG tournaments in Los Angeles, London and Jonkoping have been canceled, much to the shock of the competitive gaming community especially those who are into Quake 4. The board of Games Media Properties, the organizer of the WSVG, has come to the conclusion that holding live tournaments is not profitable enough. Instead, GMP will focus on the online media component, Gameriot in particular, as it delivers better results. \
Press Release
Effective immediately, Games Media Properties will no longer produce the World Series of Video Games. The remainder of the 2007 season in Los Angeles, London and Sweden is cancelled.The World Series of Video Games launched with the goal of expanding interest and participation in competitive gaming. Over the course of two seasons, we have been honored by the strong support the community has shown in attending our festivals, and watching our competitions online and on television– all in record-setting numbers. We have been grateful for the generous support provided by Intel and other sponsors since our inception.
However, the continuing challenges of securing adequate revenues to sustain the production of the WSVG’s large scale events and television programming, in a very crowded field of competitive gaming leagues, has prompted us to re-evaluate our direction as an organization.
Unfortunately, the decision is to cancel the remainder of the WSVG season, as we shift our focus solely to growing our online advertising network of websites, which currently reach seven million users each month.
We are proud of the accomplishments and memorable entertainment we have provided through the World Series of Video Games. While we are sorry that this news will disappoint our fans and players, we are deeply appreciative that we have had the opportunity to contribute to the growth of eSports.
[source]
Related Stories
POSTED IN: Industry News, PR
0 opinions for World Series of Video Games shuts down
No one has left a comment yet. You know what this means, right? You could be first!
Have an opinion? Leave a comment: