MLG (Major League Gaming) has since come to it’s unfortunate end. Starting on December 21st when the fifth largest company Activision Blizzard bought out the famous company behind (now selling) World of Warcraft and Call of Duty. What many did not know and are in a bit of shock from, is this sudden transition and also the firing of former CEO Sundance DiGiovanni, while a former CEO has been brought in to replace DiGiovanni.
This means that MLG now has several debts to pay off which was why this transition occurred in the first place. Or at least that’s what has been lead to believe when a letter eventually had been sent out to several stockholders.
Here is a portion of that letter that had been sent out:
What has been upsetting is that in recent memory MLG was the leading company for esports. So technically we have lost a milestone in the matter of days, however one can only hope that the right adjustments and actions will be taken to revive a company that led a revolution as well as an evolution in the gaming industry.
Now the Counter-Strike: Global Offensive championship may be up in the air…yet no further action or here-say has been given. But again as repeated above MLG is no more.