TheQuartering [10/19/2022]
Comcast’s Spectacor division is pulling the plug on video game-centric network G4 TV, whose early incarnation in the 2000s remains a cultural touchstone for many millennials, 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 departure over the summer of Russell Arons, an experienced digital media exec who had come aboard as G4’s president in 2021, was a precursor to today’s news. Her duties were added to the portfolio of Joe Marsh, a Comcast Spectacor vet who has been CEO of T1, an international esports joint venture with Korea’s SK Telecom.
The current iteration of G4 is smaller and less focused on traditional linear TV than was its predecessor. It has announced a programming slate including 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.
Several media and tech ventures centered on the gamer community have hit turbulence recently, with Facebook shutting down its gaming app and Google winding down gaming service Stadia. VENN, a start-up billed as the “MTV of video games,” also just went bust.