Comcast has announced that they are pulling the plug on their video game-centric network G4 TV, whose early incarnation in the 2000s remains a cultural touchstone for many millennials. The news comes just a year after its relaunch. In a memo set to be sent out to all employees, Spectacor CEO Dave Scott explained that the company’s investment and efforts to revive the network just didn’t gain traction.
A few dozen employees and contract workers are affected by the shutdown. Comcast said it will assist them with outplacement and consider some for internal opportunities.
The network’s programming slate included a revived version of original G4 mainstays Attack of the Show! and Xplay, plus comedy Boosted, Japanese competition series Ninja Warrior, esports competitions and Dungeons & Dragons limited series. Along with putting content on YouTube and social media, G4 has a multi-year agreement with Twitch and pay-TV distribution deals with Verizon FiOS, Cox, Xfinity TV and Philo.
Spectacor’s main business focus is on sports and live events, with the division owning the NHL’s Philadelphia Flyers as well as their home arena, the Wells Fargo Center, along with numerous other assets. The results of G4 were never particularly material to Spectacor, but the division has avidly pursed esports, making the G4 revival a logical thing to attempt.
Here is Scott’s full memo, which Deadline obtained from a source:
Team:
As you know, G4 was re-introduced last year to tap into the popularity of
gaming. We invested to create the new G4 as an online and TV destination for fans
to be entertained, be inspired, and connect with gaming content.Over the past several months, we worked hard to generate that interest in G4, but
viewership is low and the network has not achieved sustainable financial
results. This is certainly not what we hoped for, and, as a result, we have made the
very difficult decision to discontinue G4’s operations, effective immediately.
I know this is disappointing news, and I’m disappointed, too. I want to thank you
and everyone on the G4 team for the hard work and commitment to the network.Our human resources team is reaching out to you to provide you with support,
discuss other opportunities that may be available, and answer any questions you
may have.Thank you again for all of your hard work for G4.
Sincerely,
Dave Scott
Chairman and CEO
Comcast Spectacor
Were you a fan of G4? Is there any content from the Network you’re hoping to see move somewhere else?
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