Comcast is shutting down gaming-focused television station G4 TV a year after its relaunch.
Deadline broke the news after receiving an internal memo announcing the closure, written by Dave Scott, the CEO of Comcast’s Spectacor division.
In the memo, set to be sent to G4 TV staff, Scott said G4 TV has struggled to gain a foothold and has failed to produce “sustainable financial results.”
“This is certainly not what we were hoping for and as such we have made the very difficult decision to cease operations of G4 effective immediately. I know this is disappointing news and I am disappointed too. I want to thank you and everyone on the G4 team for your hard work and dedication to the network,” Scott wrote.
“Our human resources team is reaching out to assist you, to discuss other opportunities that may be available and to answer any questions you may have.”
Deadline says the closure will affect “a few dozen employees and contract workers,” but that Comcast intends to “assist them with outplacement and consider some for internal opportunities.”
The news comes a few months after G4 President Russell Arons left the company.
As pointed out by Kotaku, some G4 employees said they learned of the situation from the leaked memo, while The Washington Post said the decision to scrap the network was made so suddenly that employees were ejected from internal systems without warning how Slack and Google Drive were excluded or Explantation.
The full memo sent to staff can be read below:
As you know, G4 was reintroduced last year to capitalize on the popularity of
To play. We invested to create the new G4 as an online and TV destination for fans
to be entertained, inspired and connected to game content.
We’ve been working hard over the past few months to generate this interest in G4, but
Viewership is low and the network has not achieved sustainable finances
Results. This is certainly not what we were hoping for and that’s why we made it happen
very difficult decision to cease operations of G4 effective immediately.
I know this is disappointing news and I am disappointed too. I want to thank you
and everyone on the G4 team for their hard work and dedication to the network.
Our human resources team is reaching out to support you,
discuss other options that may be available and answer your questions
Thank you again for all your hard work for G4.
Chairman and CEO