WSVG Explains Event Closure

GameDaily had a chance to talk with Matt Ringel, the president of Games Media Properties, the company formerly sponsoring the World Series of Video Games. Matt and the site work through why the cancellation was so sudden, and what lead to the event's nixing. "It was a combination of factors. There are indeed a number of organizers competing at a high level, and advertising in the whole space has been a bit slow -- in part because advertisers are trying to decipher the relative merits and differences among the various organizations. Meanwhile, Games Media Properties, parent company of the WSVG, has an online business that is doing well. As appealing as competitive gaming will become in the future, the company wanted to put all [its] focus on the business that is able to perform today."