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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
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Sucks for the people who never got paid but own3d is terrible and I'm not sad to see it die.
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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.
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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.
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Well, they got outdone by twitch
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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?
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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.
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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!
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This hurts "us" really really badly
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Sucks but no big surprise considering all the bad news surrounding them lately.
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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.
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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.
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On January 25 2013 08:49 Xiron wrote:Show nested quote +On January 25 2013 08:16 Noobity wrote: Hoping something else steps up in it's place, otherwise twitch has no incentive to grow. 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.
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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.
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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! =()
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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.
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This is bad for people who didn't get paid yet
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That sucks, but now forGG can go back to twitch.
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