WeMade expanded into e-Sports in 2007, when they had expanded their operations as they added other operations. However, at the end of last year, the company had decided to concentrate on their original goal of developing games.
While they had tried to find solutions, including the possible sale of the team, but as selling the team had become difficult, they had to make the difficult decision of ceasing operation of the WeMade Fox Progaming Team.
This decision applies to all the teams operated by WeMade, not just BW, but SC2/WC3 also.
Addendum: DES reports that the WeMade has asked KeSPA to manage the Brood War team. This means either find a new sponsor for the team, or to do what they had done with ESTRO last year -- meaning, have them be drafted into other teams through a bidding war.
Addendum 2: DES further reports that it is still not clear where Lyn, Moon, and Soccer would go, and WeMade will be meeting with them on the 23rd to discuss their future plans.