EPT[Rumor] STX Soul could disband - Page 5
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sabas123
Netherlands3122 Posts
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FnaticPink
Denmark324 Posts
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ACrow
Germany6583 Posts
On June 29 2013 19:38 SinCitta wrote: I wonder how many ESPORTSes I could buy with $9,000,000,000. more than 9000 fo sure | ||
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yoigen
Germany369 Posts
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TheSayo182
Italy243 Posts
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geno
United States1404 Posts
I wonder if we might finally see a merging/partnership of the team-leagues in Korea. Kespa is suddenly faced with a severe lack of team participation in their still fairly successful Proleague, and they need look no further than ESF if they want to save it. With EG-TL's participation this season, they've already shown themselves open to the idea of allowing participation in their league without actually joining KeSPA outright. They probably still would want to ultimately move in that direction, but the fact that they've already shown they are willing to compromise short-term for the benefit of the league is a good sign that they may do so again in the short-term. Of course, I guess the biggest barrier to this all happening isn't really even the teams/governing bodies, it's the production studios. Merging the teamleague scene would require either GOM and OGN to work a lot more closely together than they seem to be willing to thus far (I still can't believe they are actually simulcasting WCS...). I'm sure there would be all kinds of problems with scheduling, naming, format, prizepools, etc. and these guys are about stubborn about that type of thing as I've ever seen whenever Blizzard has given them the leeway to do so. I really hope this does happen though. It feels long overdue at this point. Whether it's straight up adoption of Proleague, a combination GSTL meets Proleague type tournament, or some other variation, it doesn't matter much to me. I really hope they start moving in that direction. | ||
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mnck
Denmark1518 Posts
Either way, I think sometime soon esf and kespa will have to consolidate, either by the fall of one of them or by cooperation between the two. This cannot go on like this I dont think. There are too many teams and not enough viewers. | ||
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UmberBane
Germany5450 Posts
On June 29 2013 19:38 StarVe wrote: The community should have bought more ships. Buy a ship and tweet at STX "I bought this ship because of your support for eSports!" to save the team ASAP! | ||
Epoxide
Magic Woods9326 Posts
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Darthsanta13
United States564 Posts
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teddyoojo
Germany22369 Posts
On June 29 2013 18:23 Fionn wrote: In other news, HoSeo is still alive. in before NSHINnoVation also time for a kespa/esf shared proleague. might actually be a good thing in a horrible thing | ||
lichter
1001 YEARS KESPAJAIL22272 Posts
On June 28 2013 12:39 Whiplash wrote: I'll be casting, snm is leaving for college at the end of this season. We don't know who my new co caster will be yet. So Whiplash probably already has a contract for the next season of Proleague. It's already planned. There might be changes if STX disband, but right now they plan on continuing. | ||
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havok55
United States276 Posts
On June 29 2013 18:56 lichter wrote: Man I can look at Tossgirl all day To cheer STX fans up: Tossgirl and Zerggirl modeling clothes. And thanks for this :D | ||
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PVJ
Hungary5214 Posts
On June 29 2013 18:35 Looms wrote: After STX Pan Ocean's recent bankruptcy filing, the STX Corporation has decided to focus a majority of its resources into its shipbuilding operations, STX Offshore and Shipbuilding, in an attempt to turn the company around. They are currently trying to sell a lot of the other assets that they acquired in recent years. Obviously, this would indicate that STX Soul is expendable. Also, other people have indicated that they have ceased their football team sponsorship. Soul isn't something they acquired in recent years. Soul is a negligible part of the whole corp and the fact that they rather chose to stop sponsoring a football team then disbanding the team should in itself be enough for people to stop worrying. Because... On June 29 2013 20:16 hoemuffin wrote: ? The bankruptcy filing was early June, for STX Pan Ocean (shipbuilding subsidiary). STX's been an absolute debacle since 2008 when shipping basically imploded. Its since rebounded a bit, but STX was/is levered to the hilt and the rebound just wasn't strong enough. As far as I know, the Korean Development Bank is the big creditor, so I don't know how hard a bargain they're going to strike, presumably the Chapter 15 bankruptcy is just done to prevent vulture funds/foreign investors from using the debt to really aggressively take apart or control the company. My guess is that if STX Soul has some sort of sponsorship agreement, they're probably just going to let it lapse, since I would guess it isn't huge in the grand scheme of things (unless I'm grossly underestimating how much it costs to sponsor a KESPA team). In any case, without knowing all the details, its hard for me to imagine STX Soul surviving - given STX's business lines, it never made much sense to have a pro-gaming sponsorship since I'm thinking the crossover between ship buyers/shipping magnates and avid game watchers is probably not so high. All the other KESPA teams except Team 8 & EG/TL have at least non-negligible consumer facing businesses. I was actually thinking that, however small it may be, in the grand scheme of things, Soul might be profitable for STX. For one, fixed costs are pretty low, so contribution margins should be easily way above any else venture they are currently interested in, for two, Blizzard is throwing a shitton of money at KeSPA (who re-distributes the money to the teams, if I recall the way this works correctly). IMHO let's wait for some actual news. | ||
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EFermi
United States165 Posts
On June 29 2013 19:47 NicksonReyes wrote: CJ even worse than EGTL in HotS. Innovation to CJ would be great. Besides, they became Hite Entus before. Should be CJ Soul this time  Hey, hey, hey! CJ is still ahead of EGTL in proleague. I agree that CJ would be a good spot for Innovation. He'd make a nice terran combo with Bunny. | ||
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a176
Canada6688 Posts
And what about the rest of STX, which is an entirely huge holding company with many subsidiaries, including other shipbuilders? Even if PanOcean owes $9 Billion, the parent company has over $23 billion in assets, atleast according to wiki. But the question is if the parent company will even bother to bail out PanOcean, which it doesn't sound like it. | ||
Pandemona
Charlie Sheens House51484 Posts
EG Innovation inc? ProLeague needs ANOTHER team now as well? Im pretty sure like everyone else STX Soul is dead now unless in the next month there is a heavily funded new investor, which i doubt they will get. Of course it can be remade and such but that probably wont happen either? | ||
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NicksonReyes
Philippines4431 Posts
On June 29 2013 23:06 EFermi wrote: I don't think STX would let go of the team unless the parent company is completely done. In the grand scheme of things the $1M - $1.5M that they funnel into the team is a small amount. Hey, hey, hey! CJ is still ahead of EGTL in proleague. CJ even worse than EGTL in HotS. In HotS, EG-TL is 9-10 while CJ is 5-14. Doesn't matter how good they were in WoL. They might still be ahead of EGTL now, but if they continue sucking, they definitely won't be next season. | ||
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ACrow
Germany6583 Posts
On June 29 2013 21:55 teddyoojo wrote: in before NSHINnoVation also time for a kespa/esf shared proleague. might actually be a good thing in a horrible thing I'd do backflips out of excitement and joy if we got a shared proleague (with IM <3) out of all this. Preferably with a shared casting of PL with Wolfdor. | ||
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ChriS-X
Malaysia1374 Posts
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