Don't expect to get paid what you are owed by them.

http://www.cadred.org/News/Article/191800/

Apparently Machinima was going to buy them for $5 Million but backed out. Own3D doesn't have any money left so they're going bankrupt.

Zenbrez

Canada5973 Posts

January 24 2013 22:40 GMT

I hate when people say this, but

That's not unexpected

Dodgin

Canada39254 Posts

January 24 2013 22:41 GMT

I wonder if the IM players ever got paid, they have been streaming on own3d for the past year.

esprsjsalvz

Canada11 Posts

January 24 2013 22:42 GMT

It's for the best, with all the controversy and everything. This whole thing is something they wouldn't be able to overcome.

Zzoram

Canada7115 Posts

January 24 2013 22:42 GMT

Their higher CPM than Twitch turned out to really be too good to be true. I've always liked Twitch better myself, it loaded faster for me in Canada and has a cleaner interface.

Grobyc

Canada18410 Posts

January 24 2013 22:42 GMT

*Preparing for incoming flood of own3d jokes*

I prefer twitch greatly, but still a shame.

TBone-

United States2309 Posts

January 24 2013 22:43 GMT

All hail twitch.tv.

MetalGear

Australia47 Posts

January 24 2013 22:43 GMT

Losing competition is never a good thing.

drooL

United Kingdom2108 Posts

January 24 2013 22:44 GMT

Well let's hope Azubu comes in strong for healthy competition. That's what's most important. Aside from that, I'm obviously happy, I've always lived on the Twitch side of life. ; )

birchman

Sweden393 Posts

January 24 2013 22:45 GMT

#10

Ah well, I guess this means a lot more viewers for twitch, and hopefully with more viewers, more ad money for everyone.

ColtCommando

United States51 Posts

January 24 2013 22:46 GMT

#11

The streams must flow.

wptlzkwjd

Canada1240 Posts

January 24 2013 22:46 GMT

#12

On January 25 2013 07:42 Zzoram wrote:
Their higher CPM than Twitch turned out to really be too good to be true. I've always liked Twitch better myself, it loaded faster for me in Canada and has a cleaner interface.

Yeah same. Whenever I watched ForGG's stream, it always overlapped without another image for like the first 30 seconds which was annoying. Not sure if that was Own3d or just my computer though...

PhoenixVoid

Canada32736 Posts

January 24 2013 22:48 GMT

#13

It was inevitable, looking at the competition from Twitch and the complaints from pros about how they were not paid from stream revenues.

mewo

United States221 Posts

January 24 2013 22:49 GMT

#14

I'm happy to see them go. I remember their website in its nascent stages as extremely misleading and poorly designed. At least this will improve the health of twitch. Does anyone know the details of the closure and how the debts will be handled?

TheDougler

Canada8302 Posts

January 24 2013 22:52 GMT

#15

Edit: this post was kinda dumb now that I look back on it, let's delete it as it didn't really add anything at all.

nihlon

Sweden5581 Posts

January 24 2013 22:52 GMT

#16

On January 25 2013 07:48 PhoenixVoid wrote:
It was inevitable, looking at the competition from Twitch and the complaints from pros about how they were not paid from stream revenues.

Twitch have had similar problems in the past. It was hardly inevitable.

CajunMan

United States823 Posts

January 24 2013 22:54 GMT

#17

I never had a good experience watching owned and it prevented me from watching a lot of streams maybe this is for the best a new competitor can rise to the challenge.

CeriseCherries

6170 Posts

January 24 2013 22:55 GMT

#18

~.~ i never really liked own3d but sucks that people might not get their $$$

Aveng3r

United States2411 Posts

January 24 2013 23:01 GMT

#19

just a real shame that people probably arent going to get paid.

Champi

1422 Posts

January 24 2013 23:06 GMT

#20

good riddance.

never liked own3d. twitch far superior in every way, shape, and form.

really feel bad about everyone who got screwed over by them though. hopefully theyre all paid somehow someway but i wouldnt bet on it