On-Live in trouble

Carl Nixon
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Posted: 18th Aug 2012 - 21:35 Quote

For those of you that dont know about On-Live, it is a streaming video game service. You play games that are streamed to your TV like a movie. This meant you could pick and choose what games to play without buying them, you just bought a subscription package.

Well it looks like they are in financial trouble. The vast majority of the staff have been fired and the assets have been purchased by an un-named party.

http://kotaku.com/5935905/weak-traffic-low-subscribers-meant-something-had-to-happenbut-onlive-employees-didnt-expect-the-end

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Posted: 18th Aug 2012 - 22:43 Quote
Less computer gaming needed methinks Carl :-)
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Lee Rickler
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Posted: 18th Aug 2012 - 22:58 Quote

Sold to Game?

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Carl Nixon
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Posted: 18th Aug 2012 - 23:16 Quote

I think this will turn in to a similar story to Digg. At one point Microsoft and others were offering big money to buy On-Live, but it now looks relativly worthless

Was it just too ahead of its time or was the idea flawed?

I think it was a bit of both

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Matthew Purser
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Posted: 19th Aug 2012 - 01:04 Quote

The technology is awesome, the implementation/business model is pants.

They filed for bankruptcy apparently too.

Come Get Some Awesome ^^

twitstamp.com

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