Dave Scott, the CEO of Comcast’s Spectacor division, introduced the shutdown in an inside memo obtained by Deadline earlier than it was even despatched, saying that the channel has had low viewership and has not “achieved sustainable monetary outcomes.”
“That is actually not what we hoped for, and, in consequence, we now have made the very troublesome resolution to discontinue G4’s operations, efficient instantly,” Scott writes.
G4 made its return final 12 months on a number of networks, together with Comcast / Xfinity, Verizon Fios, Cox, and Philo. It debuted with exhibits like Assault of the Present, Xplay, and Ninja Warrior, in an try and pander to the nostalgia of viewers who tuned into the community twenty years in the past. The corporate additionally had a multi-year settlement with Twitch, the place it hosted the occasional stream earlier than its return to linear tv.
Scott provides that the corporate’s human assets crew will attain out to staffers on the G4 crew to “talk about different alternatives that could be accessible.”
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