After speculation regarding the future of own3d following revelations that it had been unable to pay some partnered streamers for several months, it has been announced on the official own3d blog that it would cease operations effective January 31st citing increased competition and an inability to secure more capital. In a statement attributed to the own3d staff, they had the following to say:
Quote:
This is a difficult decision for all of us at own3D. However, after much deliberation this seems to be the best course of action despite the impact it will have on all the employees, clients and partners who helped build this business.
We are grateful for your support as our pioneering ride comes to an end. The own3D team has always aspired to provide the gaming community with the best tools for sharing their gaming experiences and growing their projects. We therefore hope that you have enjoyed watching a few epics over the years.
The day has almost arrived when professional gamers are as recognized as other athletes. We hope to have shown what is possible for the future of eSport and competitive gaming.
The gaming revolution will not be televised - it will be streamed.
It was also reported that in an interview with Own3d COO that VODs would be unavailable within 24 hours of them shutting down the service so content creators were advised to download them for archive purposes using addons like Video Download Helper for Mozilla Firefox
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