G4 Cancels Streams Amid Layoff Reports
G4 has canceled today’s live stream following reports of layoffs at the company. G4 was one of the pillars of games media in the early to mid-2000s, almost serving as an ESPN-like channel for computer games and other forms of geek culture. The TV network had a ton of amazing shows that kept viewers connected to what was happening in the gaming industry and even played a job in creating stars like Olivia Munn, a host that went on to star in The Newsroom and X-Men: Apocalypse. Sadly, as the internet become more prominent, G4 became increasingly specialty as a TV network prior to shutting down. It was, however, restored at the finish of 2021 much to the surprise of gamers everywhere, but it’s seemingly running into troubles once again.
G4 took to Twitter to announce it was canceling today’s live streams because of “unforeseen circumstances.” The streams will resume as normal tomorrow, but G4 didn’t clarify what exactly this meant. The news came out as Kotaku reported that G4 was encountering layoffs, resulting in the company losing 20 – 30 individuals. One source reportedly told Kotaku that can’t imagine the company will continue to create its current slate of content with individuals it lost. It’s unclear on the off chance that any hosts were laid off, but the cuts took reportedly took individuals by surprise as they arrived to film today and were abruptly met with HR reps who explained the situation. Kotaku also noted that G4’s finances are not doing so great and there are efforts being made to slash budgets, leaving the future of the company rather unclear.
Due to unforeseen circumstances, all G4 streams today have been cancelled, but we will return with all of our regularly scheduled content tomorrow.
— G4 (@G4TV) September 14, 2022
As of right now, it remains to be seen on the off chance that G4 will address the matter during any of its live streams tomorrow. The company boasts a lot of large talent with previous G4 stars and notable newcomers like WWE’s Xavier Woods. Only time will tell if and how G4 moves forward following these reports.