Comcast’s Spectacor division has shut down G4 TV just one year after its relaunch according to a memo acquired by Deadline.
G4 TV relaunched in November 2021 as Comcast’s attempt to gain traction once more in the gaming landscape. The memo states G4 failed to achieve sustainable financial results, and the network’s viewership was low. As a result, G4 is shut down effective immediately. The HR team is currently working with former G4 employees to determine their next steps following the shutdown.
Here’s the memo sent to G4 employees via Deadline:
Team:
As you know, G4 was re-introduced last year to tap into the popularity of
gaming. We invested to create the new G4 as an online and TV destination for fans
to be entertained, be inspired, and connect with gaming content.
Over the past several months, we worked hard to generate that interest in G4, but
viewership is low and the network has not achieved sustainable financial
results. This is certainly not what we hoped for, and, as a result, we have made the
very difficult decision to discontinue G4’s operations, effective immediately.
I know this is disappointing news, and I’m disappointed, too. I want to thank you
and everyone on the G4 team for the hard work and commitment to the network.
Our human resources team is reaching out to you to provide you with support,
discuss other opportunities that may be available, and answer any questions you
may have.
Thank you again for all of your hard work for G4.
Sincerely,
Dave Scott
Chairman and CEO
Comcast Spectacor
