EPT
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Representatives of On-Media announced today that their subsidiary, Ongamenet, would cease "major operations" after the upcoming Starcraft finals between Lee Jae Dong and Jung Myung Hoon, scheduled to take place on April 4th. No details were given as to which programs or events on the channel, if any, would survive the scaleback. However, On-Media explicitly stated that the Starleague planned for Spring and Summer '09 will not occur, mostly due to the company's inability to find a suitable sponsor for the event.
Park Hee Kyu, a vice-president of On-Media, delivered the sudden news in a short statement. He gave the reason for the drawdown as "an unwillingness to sponsor any long-term event, given the shrinking nature of the Korean economy."
"The suddenness of this announcement must be striking for all of our viewers. It is a surprise to our executives as well how external financial support for our programs was withdrawn so quickly and without warning."
"We are working hard to ensure that, as money becomes more freely available, Ongamenet will return, along with all of the programs we provide today."
MBC Game executives expressed shock at the news. An source within the company stated that MBC has already secured sponsorship for the upcoming MSL from an unnamed MMORPG.
Tomorrow, on April 2nd, Ongamenet will release information about its new broadcasting schedule, including whether the planned "Old Star" event planned for this summer will take place as planned.
+ Show Spoiler [Original Korean article] +
