MLG sells “substantially all” assets to Activision Blizzard for $46 million
86 replies, posted
[QUOTE]Major League Gaming, once the largest esports company in North America, is going out of business. In a special meeting on Dec. 21, MLG’s Board of Directors approved an Asset Purchase Agreement granting Activision Blizzard a large majority of MLG’s assets in exchange for $46 million.
In addition to these changes, CEO Sundance DiGiovanni has been removed from his role and replaced by Greg Chisholm, MLG’s former CFO.
The move was done as a “corporate action taken without a stockholders’ meeting by less than unanimous written consent of our stockholders,” allowed under Section 228(e) of the Delaware General Corporation Law.
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[URL="http://esportsobserver.com/mlg-sells-substantially-all-assets-to-activision-blizzard-for-46-million/"]Source[/URL]
[video=youtube;_1qXQRpF08E]https://www.youtube.com/watch?v=_1qXQRpF08E[/video]
MLG was on it's decline mainly because every big contest was co-opted by the big Corporations themselves.
Hearthstone, Starcraft, World Of Warcraft, Dota, LoL, CS:S (sometimes) and many other corporations reigned in the competitions and put more weight for their own so that they could earn revenue instead of allowing MLG, the pioneer, as I would say, to contribute it.
Also I do believe that there was some skullduggery within legal boundaries given by Activision here. Although consider it a rumour as I don't have anything to back it up (yet.)
This can be pretty bad. Esport events already get bought out in ways, look at Project M VS Smash 4 when that first happened, pretty much killed PM.
I really wont mind if Blizzard wants the best stages or coverage if they own MLG at MLG, but absolutely fuck preventing games, or making popular but competitive gmaes play in shitty environments. IIRC Dota 2 just had something like that because of Riot Games buying out shit in China.
Remember when people called me insane for saying esports was just a stupid fad?
[QUOTE=pentium;49430403]Remember when people called me insane for saying esports was just a stupid fad?[/QUOTE]
you are insane
[QUOTE=pentium;49430403]Remember when people called me insane for saying esports was just a stupid fad?[/QUOTE]
no
I'll be sure to pour a monster on the ground
That rumbling you hear is a massive bubble about to burst.
MLG tried to be an esports destination in a continent where they have the least viewerbase and competitive scenes. Afaik they also tried their best to make MLG the "American" event. Being they kept their business in NA and didn't embrace European and Asian events, they sethemselves up for failure.
[editline]31st December 2015[/editline]
That and failed viewership through subscription for HD streams. I rarely went to the MLG website to watch a game usually skipped over it and watched other events on Own3d or Twitch.
[QUOTE=pentium;49430403]Remember when people called me insane for saying esports was just a stupid fad?[/QUOTE]
There's a whole lot more competitive gaming organisations going still, have been since the late 90s.
[QUOTE=pentium;49430403]Remember when people called me insane for saying esports was just a stupid fad?[/QUOTE]
Lmao look at The International for Dota 2 or ESL One for CSGO. You are delusional and insane.
[QUOTE=pentium;49430403]Remember when people called me insane for saying esports was just a stupid fad?[/QUOTE]
And? There are other leagues.
[QUOTE=pentium;49430403]Remember when people called me insane for saying esports was just a stupid fad?[/QUOTE]
Man it's like MLG isn't nearly as relevant as it used to be because other companies have been doing what they did but better.
[QUOTE=pentium;49430403]Remember when people called me insane for saying esports was just a stupid fad?[/QUOTE]
I sincerely wish I could rate you something more negative, but I'll do what my third grade teacher did and give you a star for trying.
The fact that MLG was bought at all, let alone for what was probably a substantial amount, is a direct indicator of the growth and expansion of e-sports, not the contraction of it.
Or were general athletic sports a fad that died in the 1890's when they began to organize in to professional leagues and get bought out by wealthy investors?
Probably because MLG was doing so many wrong things at the same time it's kind of amazing how they managed to go this long as it is.
[QUOTE=Crazy Ivan;49430848]The fact that MLG was bought at all, let alone for what was probably a substantial amount, is a direct indicator of the growth and expansion of e-sports, not the contraction of it.[/QUOTE]I don't know, I still don't give a flying fuck about esports and I don't know anyone who actually does. Of course even if I did know somebody who [I]cared[/I] they certainly wouldn't be a rabid fan like all the football or hockey (go Wild!) fans I know.
I really, really doubt that's going to ever change in my lifetime. I remember when esports had a boom in popularity and everyone was like "ooh, this is gonna be big" but those same people didn't participate because bottom line watching a [I]riveting match[/I] of "who knows and can press their hotkeys faster" isn't actually fun in practice.
[editline]fucking automerge shit[/editline]
Even if it was somewhat fun to do that part of what makes spectating in a video game interesting is you, yourself, are spectating and can watch what you want to watch. Notice how in actual athletic sports the camera is always on the ball? That's where all the fucking action is. Nearly every single competitive game has at least two focuses of action, one for player one, one for player two, and you can't actively watch both at the same time. So until thousands and thousands of people can individually spectate you're not really going to have the same draw.
Certainly not when a massive chunk of the population gets motion sick from all that camera shifting around. I get increasingly bored watching esports because I don't know what the fuck is going on half the time, even if I've been playing that same game for years.
[QUOTE=pentium;49430403]Remember when people called me insane for saying esports was just a stupid fad?[/QUOTE]
lmao as if anyone would remember anyone's posts specifically
-snip-
-snip-
[QUOTE=cdr248;49431147]lmao as if anyone would remember anyone's posts specifically[/QUOTE]
[QUOTE=pentium;49425789][QUOTE=!LORD M!;49425591][img]http://40.media.tumblr.com/f7ebbebacf86c2ed425176a574335f18/tumblr_nzcohemBE71rgc312o1_500.jpg[/img][/QUOTE]
Oh my god I've done that to people at work before. I didn't know anyone else did that. :v:
[editline]A mistake was made[/editline]
OH my god why did I ever say that?![/QUOTE]
Some posts
[QUOTE=Rents;49431246]I took someone else's post as a blank check to bring up a random, inane post that has nothing to do with the thread or anything in it.[/QUOTE]
Pentium's definitely got his problems but at some point the quickness to make fun of him hits its own level of stupidity and desperation. Really, if you want to criticize Pentium, you've pretty much got whatever he's posted in the thread to analyze - you don't have to fetch some irrelevant post to make your case.
As for the thread, I've always found it to be really weird that the companies that make the games get to create the competitions. I'm not necessarily too into the home-grown competition simply because the production-value isn't as top notch as, say, Valve's DOTA competitions. But at the same time, I like the idea of the community deciding and running everything for the competition. It seems like they should own it as they're the ones putting in the effort to learn and practice with the games, find the best ways for games to be played, etc. I think game companies couldn't care less about competition - look at Valve with CS:GO and TF2. It would be hell if Valve was able to enforce their own rules on CS:GO competitive matches. I'm not very familiar with the other game companies and their games, but I would imagine that there would still be a negative net worth of problems by taking away from the community and giving it to the game companies - the game companies don't know how their game should be played.
[QUOTE=pentium;49430403]Remember when people called me insane for saying esports was just a stupid fad?[/QUOTE]
$46 million sure does sound like a dying fad.
I'm not surprised Bliz is taking the league of legends route of buying their way to esports. While they have success with hearth stone, heroes of the storm is just.... ehhh.
[QUOTE=Rents;49431246]Some posts[/QUOTE]
dear lord
[QUOTE=mooman1080;49431500]I'm not surprised Bliz is taking the league of legends route of buying their way to esports. While they have success with hearth stone, heroes of the storm is just.... ehhh.[/QUOTE]
Don't forget about Starcraft, pretty sure that has a big Esports scene. Overwatch will definitely be there once it's released as well.
I don't think eSports is a dying fad, in fact its seen some upwards growth. However, the US i don't see is being as competitive as the europeans. $46M may not be a lot of money, but it seems fair for what the market value is right now. I don't think its dyiing at all though.
[QUOTE=Rents;49431246]Some posts[/QUOTE]
Well the people he work with probably dont like him for much, but i dont have to work with him.
E-sports is fucking huge for some games, it's just that MLG hosts a lot of shitty games that really aren't that popular/fun to watch. But have you guys seen the arenas that LoL, Dota 2 or CS:GO tournaments take place in? They're enormous and almost always filled with fans.
Also, JumpinJackFlash, you can actually individually spectate in CS:GO, whilst listening to the casters, so you're free to move the camera around yourself (for official Steam tournaments). Not sure about Dota.
[QUOTE=JumpinJackFlash;49431127]I don't know, I still don't give a flying fuck about esports and I don't know anyone who actually does. Of course even if I did know somebody who [I]cared[/I] they certainly wouldn't be a rabid fan like all the football or hockey (go Wild!) fans I know.
I really, really doubt that's going to ever change in my lifetime. I remember when esports had a boom in popularity and everyone was like "ooh, this is gonna be big" but those same people didn't participate because bottom line watching a [I]riveting match[/I] of "who knows and can press their hotkeys faster" isn't actually fun in practice.
[editline]fucking automerge shit[/editline]
Even if it was somewhat fun to do that part of what makes spectating in a video game interesting is you, yourself, are spectating and can watch what you want to watch. Notice how in actual athletic sports the camera is always on the ball? That's where all the fucking action is. Nearly every single competitive game has at least two focuses of action, one for player one, one for player two, and you can't actively watch both at the same time. So until thousands and thousands of people can individually spectate you're not really going to have the same draw.
Certainly not when a massive chunk of the population gets motion sick from all that camera shifting around. I get increasingly bored watching esports because I don't know what the fuck is going on half the time, even if I've been playing that same game for years.[/QUOTE]
Thanks for sharing your opinion but an $18 million prize pool for an annual tournament that continues to grow, as well as 4.5 million viewers for said tournament, beg to disagree.
[QUOTE=Keychain;49432262]Don't forget about Starcraft, pretty sure that has a big Esports scene. Overwatch will definitely be there once it's released as well.[/QUOTE]
Eh, Starcraft seems to be dying compared to what it was before, and i highly doubt Overwatch will get anywhere.
[QUOTE=pentium;49430403]Remember when people called me insane for saying esports was just a stupid fad?[/QUOTE]
this is implying that esports is now gone like yesterday, but is it really?
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