worst case scenario
probably be when everyone that was using own3D start switching to twitch.tv
and when everyone switches to twitch, twitch wont be able to afford to pay everyone and they would go bankrupt
but then again, the slight upside is that viewers can pay for subscription to support...
i dont know haha hopefully twitch wont happen the same way

forsooth

United States3648 Posts

January 25 2013 00:22 GMT

#42

Sucks for the people who never got paid but own3d is terrible and I'm not sad to see it die.

sorrowptoss

Canada1431 Posts

January 25 2013 00:24 GMT

#43

Wow. Such an aberrant failure by the Owned crew. I've always been disappointed by them since the very beginning, and this is just the final nail in the coffin. What a shame.

gawk

Germany310 Posts

January 25 2013 00:25 GMT

#44

I'm happy about that because their streaming services always had many problems for me. And of course them not paying streamers.

Maybe they tried their best to stay honest and just didn't make it, but I don't think so.
edit: Oh well it sucks for those people still waiting for money from owned.

Chairman Ray

United States11903 Posts

January 25 2013 00:26 GMT

#45

Well, they got outdone by twitch

Joefish

Germany314 Posts

January 25 2013 00:30 GMT

#46

It's sad that all the VODs will be lost forever.
I pmed a staff member about unavailable vods older than 3 years and he said they would move their servers and they'll be back up in a few weeks... :/
Next on the list livestream.com maybe?

TelecoM

United States10668 Posts

January 25 2013 00:35 GMT

#47

Looks like own3d.tv got OWNED , and so did the streamers T_T. sorry I had to.

Not surprising after the thread about streamers not being paid, but still, pretty sad.

synd

Bulgaria586 Posts

January 25 2013 00:36 GMT

#48

Serves you right own3d.
Still they must get sued and have to pay all the money they own people. And it's not a small sum of money!

marcesr

Germany1383 Posts

January 25 2013 00:42 GMT

#49

This hurts "us" really really badly

Lynkilen

Norway211 Posts

January 25 2013 00:53 GMT

#50

Sucks but no big surprise considering all the bad news surrounding them lately.

Marou

Germany1371 Posts

January 25 2013 00:58 GMT

#51

thats really sad...another case of giving far to much money than what you have...how people do still believe that they can still pull that shit and have a healthy business ? It's even more surprising coming from a german company, i would have expected that they were much more stable.

I hope that azubu will bring healthy competition, having only one streaming service for gamers is not a good thing. Competition is good.

NPF

Canada1635 Posts

January 25 2013 01:43 GMT

#52

Well I hope the players can get some type of compensation from the company. Hopefully there contract with there adverts comes through and they can pay out there players partially.

Edit:

Our anonymous sources close to the situation told us that it was "absolutely true" that Own3d TV would be closing in the next week or so and that they cannot pay the debts they owe and if they liquidate and if advertisers don't pay their streamer contracts that clears them of obligation to pay streamer revenue.

Basically I hope the advertisers pay and Own3d will be forced to obligate their contract. I have no real sympathy for them, or at least pay out all there capital, even if its only 10% of what they owe each individual they should be obligated to do it.

Assirra

Belgium4169 Posts

January 25 2013 01:49 GMT

#53

On January 25 2013 08:49 Xiron wrote:

Show nested quote +

More money? That's a pretty good incentive to grow.

Why would you grow if you are the only one on the market?
A monopoly is a very bad thing and it sad people actually support it.

docvoc

United States5491 Posts

January 25 2013 01:51 GMT

#54

Did anyone else see NaNi's tweet asking for his 500 in money? I lol-ed when I saw it, but I'm not very happy that they are going bankrupt. It seems that this is part of the scene's bubble popping just a little bit.

ThePlayer33

Australia2378 Posts

January 25 2013 01:53 GMT

#55

well, go twitch

Pokebunny

United States10654 Posts

January 25 2013 01:57 GMT

#56

Damnit they owe me 400$

ppl got screwed out of way more than me though

(not much, but I didn't stream that much... harder to get viewers and less chat on own3d! =()

Cel.erity

United States4890 Posts

January 25 2013 02:01 GMT

#57

This isn't a good thing for anyone, especially considering Twitch's constant technical problems and the huge influx of LoL viewers that their bandwidth will soon endure. I really hope that they continue to build their infrastructure as if they were still competing.

On January 25 2013 10:51 docvoc wrote:
Did anyone else see NaNi's tweet asking for his 500 in money? I lol-ed when I saw it, but I'm not very happy that they are going bankrupt. It seems that this is part of the scene's bubble popping just a little bit.

Also that's not it at all. The scene is growing, which is why Twitch has turned into such a powerhouse that Own3d can't keep up anymore.