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Microsoft may lose $120 million due to the Overwatch League shutdown
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OWL biggest mistake, imo, was accepting whatever deal YouTube gave to them. Even if the money allowed for better production value, no esport is gonna take off on YouTube
There were just so, so many mistakes. Avoidable ones too. The pandemic was unavoidable, but the structure of the League made it more difficult to get through.
I don't think it was necessarily a mistake. I regularly watch CSGO/CS2 tournaments on Youtube (as opposed to Twitch) because the viewing experience is just straight up better. Video quality is better, you can rewind back, you can pause and continue where you paused. The only big reason to prefer Twitch over Youtube is the chat, but the majority of time Twitch chat is cancer and I have it off anyway.
No Esports taking off on Youtube isn't the fault of Youtube, it's the fault of viewers who are too ingrained into Twitch.