G4 TV shut down only a year after its relaunch. The ill-fated attempt to revive the popular gaming network of the 2000s came to an end after it suffered a number of key layoffs and departures. It turns out there is more to it.
The Washington Post reports, that the whole cast of Arena, a co-production with WWE, left before the network was shut down. Prior to the news of the shutdown, G4 boss Joe Marsh sent an email to employees yesterday informing them that all streams had been postponed and the Los Angeles studio would be closed until tomorrow. However, the shutdown was not mentioned.
Furthermore, former G4 employees told the outlet that they were shut out of internal communication networks such as Slack and Google Drive without “immediate explanation.” This came after “Arena” crew left last week.
The outlet suggests that costs for guest performers may have played a factor in G4’s demise. When requested to appear, several bigger creators demanded day fees of $25,000-$30,000.
As noted earlier, Comcast Spectacor, the cable and entertainment company’s sports and esports division, informed G4 TV staff on Sunday that the gaming network will be closing down immediately. It resulted in 45 staff members losing their jobs.
Back in June, WWE collaborated with G4 to launch the “Arena” series, which was meant to air monthly. Unfortunately, that was short-lived. Fans of G4 can’t be happy about this decision.
Thoughts on G4 TV’s sudden shut down? Let us know in the comments!