
It looks like Activision Blizzard's Overwatch and Call of Duty pro leagues could be in trouble. In a new filing with the US Securities and Exchange Commission, the company said that both leagues are facing challenges that could undermine their long-term viability, and it's not sure if it will be able to address them.
The Overwatch League was a bold initiative when it was announced in 2016: A league of city-based teams that would compete across seasons in home-and-away matches, leading into playoffs and a championship. Basically the same as a conventional sports league, in other words, and with comparably steep buy-in costs that made it tough to sign franchises.