Dave Scott, the CEO of Comcast’s Spectacor division, announced the shutdown in an internal memo obtained by Deadline before it was even sent, saying that the channel has had low viewership and 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,” Scott writes.
G4 returned to networks last year, including Comcast / Xfinity and Verizon Fios. It was first seen on shows such as Attack of the Show, XplayAnd Ninja WarriorIn an effort to appeal back to the nostalgia of viewers who viewed the network more than 20 years ago, It also had a Twitch multi-year agreementIt hosted occasional streams before returning to linear television.
Scott adds that the company’s human resources team will reach out to staffers on the G4 team to “discuss other opportunities that may be available.”