Gfinity Shuts Down Esports Division
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News/Gfinity Shuts Down Esports Division
Gfinity Shuts Down Esports Division
Gfinity Shuts Down Esports Division
Sources:
Companies
07 June 2023 15:45
Gfinity, has decided to close its esports division and shift its focus to digital media and the gamer website industry. Citing a soft market for esports and limited profitable growth opportunities, Gfinity's board has implemented cost-cutting measures and content improvements to attract more users over the last year. The company was having difficulties for some time now.
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Companies
07 June 2023 15:45
Gfinity, has decided to close its esports division and shift its focus to digital media and the gamer website industry. Citing a soft market for esports and limited profitable growth opportunities, Gfinity's board has implemented cost-cutting measures and content improvements to attract more users over the last year. The company was having difficulties for some time now.
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Ginx TV CEO Michiel Bakker stepped down from his role. He stated "After an incredible 13-year journey at Ginx TV...
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Jun 27, 2023
The UK Government announced a new fund for the creative industries. The fund will allocate £5m will go to the...
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Jun 14, 2023
Jon Chapman joined PlayVS as the new CEO of the company. He stated "“I am thrilled to join PlayVS as...
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Jun 12, 2023
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