informa
2 min read
article

Championship Gaming Series Set To Close

Professional gaming league Championship Gaming Series (CGS) is set to close its doors, after its major backers pulled out of the business. The company insists that its concept was "ahead of its time and we are extremely proud of what we’ve accomplished."
Professional gaming league Championship Gaming Series (CGS) is set to close its doors, after backers BSkyB, STAR and DirecTV pulled out of the business. Headquartered in Los Angeles, the Championship Gaming Series launched in 2007 - with events broadcast to a global audience of more than 100 million households. The company also enjoyed support from high profile strategic partners including Microsoft, Dell, PepsiCo and Creative. However, this was not enough to save the business, with a statement on the company’s website indicating that "profitability was too far in the future for us to sustain operations in the interim." The demise of Championship Gaming Series follows that of other professional leagues Cyberathlete Professional League (CPL) and World Series of Video Games, both of which succumbed to similar funding problems. The Championship Gaming Series statement insists that its concept was "ahead of its time and we are extremely proud of what we’ve accomplished." "Our goal was to be ahead of the curve in the e-sports space, and we conceived of CGS as a true sports league. We invested wholeheartedly in the venture and presented viewers with a top-notch production, but the economics just didn’t add up for us at this time," added the statement.

Latest Jobs

Studio Pixanoh LLC

Los Angeles, California
05.20.22
Combat Designer

Treyarch

Playa Vista, California or Vancouver, BC
05.20.22
AI Engineer

Question

Remote
05.20.22
Lead Level Designer (South Park)

Remedy Entertainment

Helsinki Metropolitan Area, Finland
05.23.22
Rigging Artist
More Jobs   

CONNECT WITH US

Register for a
Subscribe to
Follow us

Game Developer Account

Game Developer Newsletter

@gamedevdotcom

Register for a

Game Developer Account

Gain full access to resources (events, white paper, webinars, reports, etc)
Single sign-on to all Informa products

Register
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more