Direct TV has deep-sixed its Championship Gaming Series professional gaming league, according to the Hollywood Examiner.
An announcement on the CGS website calls the league "an idea whose time came too early" and laments that "profitability was too far in the future for us to sustain operations in the interim."
The Examiner notes:
The CGS, was founded in 2007... and was sponsored by major brands in gaming and mainstream like Moutain Dew, Fatality gaming gear, Alienware and Xbox 360.
The league launched its first season with six franchises in six major cities in the United States including Los Angeles, New York, Dallas, San Fransico, Chicago and Carolina. In 2008, they launched new franchises in major international markets like Berlin, Spain, England and Mexico...
CGS was also the only league with international television coverage where the players where able to get more then bragging rights, but was also paid a salary like professional athletes.