Overwatch League team owners will vote on continuation following this season's end
Activision Blizzard revealed in its Q2 2023 earnings results that Overwatch League only made up less than 1% of its consolidated net revenues.
In the years since the Overwatch League esports scene launched, it’s safe to say the league hasn't maintained the hype that was energizing it during its first several seasons. Activision Blizzard recognizes it, too, and in its Q2 2023 earnings results, revealed that there will be a vote by Overwatch League team holders at the end of the current season. This vote will determine whether or not there will be further seasons of Overwatch League, or if the league officially shuts down.
Activision Blizzard announced details about the current state of Overwatch League, as well as the upcoming vote in its Q2 2023 earnings results posted on July 19, 2023. While it could easily be surmised that Overwatch League doesn’t have the support it had in its first few seasons, especially pre-pandemic, Activision Blizzard’s results painted a stark picture of exactly where things are as far as business goes: Total revenues from the Overwatch League made up less than 1 percent of Activision Blizzard’s overall consolidated net revenues.
With this in mind, while the sixth season of Overwatch League is still in play and will be until at least September 11, 2023, after the season ends, there will be a vote by team owners. That vote will determine whether or not the Overwatch League continues. If teams vote to continue, the Overwatch League could move forward under an amended operating agreement. If not, Overwatch League could be terminated and a termination liability payout to team entities may then occur.
While Overwatch League began full of energy and promise, the pandemic and general frustration among players with Overwatch 2 has done immense damage to the game’s popularity. With the 2023 season of OWL still ongoing, it may very well be the last depending on how the post-season vote goes. Stay tuned as we follow this story for further updates.
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TJ Denzer posted a new article, Overwatch League team owners will vote on continuation following this season's end
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99% chance it's shut down or paused or something. overwatch 2 is a lead balloon
https://www.ign.com/articles/overwatch-2-engagement-and-player-investment-is-declining-activision-blizzard-admits
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OWL's real problem is they rolled it out immediately before a scene could develop and before the game was really "done" from a competitive standpoint.
People forget just how many iterations and rules changes there were in the first few years, and this is before they moved towards a 2-2-2 model and finally rebalanced towards the optimal 1-2-2 model with major redesigns for almost all tanks and immobile DPS.-
Like, DOTA had been around for six years before The International, and it was just barely at a point where a real competitive meta and scene had come around. Same with other successful esports.
OWL just jumped the gun by a lot, no doubt because Kotick saw franchise dollars like what was happening at Roit with LoL
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I've always felt that e-sports should be community and hobby driven and never really about profit. It's like sports, nobody owns these ball games and yet people come back to play them. In that sense I think free to play was a great decision. As for forcing 5v5 and role queue? They should just open it up and let the community decide whichever is the most fun at any moment
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And it's coming to steam Aug 10th
https://www.well-played.com.au/blizzard-is-putting-some-of-their-games-on-steam-starting-with-overwatch-2/
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