So long and good night.
After more than a decade of success as the world’s largest esports event organizer, Beyond the Summit (BTS) has announced that they will be closing their doors soon.
David Gorman, a founder of BTS, recently announced via Twitter that the organiser would cease to operate in the next few months as he sees that the company would do worse if they decide to go on with their current financial condition.
“We knew 2023 might be hard. But we’ve been through tough times before, so we had high hopes that we could withstand this recession. Over the last year, as economic conditions have worsened across the industry, we have been working hard to build a pipeline of business to weather the storm. Unfortunately, despite our best efforts, things haven’t broken our way.” wrote David on Twitter.
He said that BTS would continue to pay its employees’ salaries and benefits for the next few weeks. Additionally, he pledged that the BTS final events will go on as planned, including the recently concluded BTS Pro Series 14 and the Smash Ultimate Summit 6, which will take place on March 26.
BTS has become a hub for major competitions over the last few years. The organiser was founded back in 2012 to provide professional competition for Dota community in North America. They went on to create a Dota 2 tournament called the BeyondTheSummit World Tour through 2012-2013, which is now widely known as Summit. They’ve worked hard to become one of the leading Dota 2 tournament organisers, and their engaging content and constant communication with fans has helped them achieve this status.
Over time, BTS also took interest in several video games besides Dota, with Beyond the Smash (Smash Bros) and Beyond the Summit Rocket League becoming some of their popular tournaments. They have also developed several events in partnership with content creators, one of them was Wolfe Glick’s Pokemon World Championship.
All of these accomplishments have motivated them to expand their esports journey, beyond the North America scene. BTS eventually went to create the franchise across the world, including Europe, East Asia, and Southeast Asia.
