The head of Ongamenet (Hwang Hyung-Joon) says that although people are raising doubts about the next OSL (particularly with the difficulty finding sponsors, the OGN LOL tournament etc.), he will ensure that it will happen eventually, since it's such an integral part of OGN and esports history.
He mentions that there are indeed financial difficulties but OGN will continue the OSL even if that means reducing the prize pool. He predicts that the new OSL will begin around late May, when the LOL league starts to wrap up.
Well at least it's not cut just yet... Good to hear that they are still alive, and not considering cutting the tournament all together. Already lost MSL T_T