Skip to main content

Lack of profits force Championship Games Series to close

Organisation claims e-Sports outfit was "ahead of its time"

e-Sports outfit the Championship Gaming Series has gone bust due to a lack of profits.

The CGS launched in 2007 and was a joint venture between broadcaster BskyB, Asian TV station STAR and satellite company DirecTV.

"While the concept was ahead of its time and we are extremely proud of what we've accomplished, it became increasingly clear as this ambitious project evolved, that profitability was too far in the future for us to sustain operations in the interim," said the organisation in a statement.

The CGS used a number of popular PC and console titles in its competitions including Counter-Strike: Source, Dead or Alive 4 and Forza Motorsport.

"Our goal was to be ahead of the curve in the e-sports space, and we conceived of CGS as a true sports league. We invested wholeheartedly in the venture and presented viewers with a top-notch production, but the economics just didn't add up for us at this time."

"BskyB, STAR and DirecTV continue to be committed to the videogames sector, which is an important part of many of our customers' lives and a great source of entertainment," added the statement.

Read this next

Matt Martin avatar
Matt Martin: Matt Martin joined GamesIndustry in 2006 and was made editor of the site in 2008. With over ten years experience in journalism, he has written for multiple trade, consumer, contract and business-to-business publications in the games, retail and technology sectors.
Related topics