In what is sure to be a shocker to many in the gaming and online streaming community as a whole Own3D.tv has announced in its Blog that they will be shutting down their services as of January 31st.  Here is the blog announcement in its entirety.


 Dear gamers, dear own3D community,

own3D and its management, having evaluated the future of own3D, have decided to cease operations on January 31st, 2013.

As the first livestreaming portal for gamers own3D had a turbulent start with unexpected growth. We have tried to drive the company into profitability but due to the capital intensive nature of our industry and increasing competition, we have not been able to reach it despite our best efforts.

This is a difficult decision for all of us at own3D. However, after much deliberation this seems to be the best course of action despite the impact it will have on all the employees, clients and partners who helped build this business.

We are grateful for your support as our pioneering ride comes to an end. The own3D team has always aspired to provide the gaming community with the best tools for sharing their gaming experiences and growing their projects. We therefore hope that you have enjoyed watching a few epics over the years.

The day has almost arrived when professional gamers are as recognized as other athletes. We hope to have shown what is possible for the future of eSport and competitive gaming.

The gaming revolution will not be televised - it will be streamed.

Your own3D team.


Source: http://www.own3d.tv/blog/19/own3D_Announcement_31st_January_2013