City of Heroes has been around for years now (around seven), and the community is still strong as ever. On August 31st, Paragon Studios was given the order to cease all operations and start shutting down the game--effective immediately. There was no build up to this order, no press conferences, nothing. The rumor is that the game will be officially shut down November 30th, 2012.
The only ones that seem to want to have City of Heroes shut down is NCSoft themselves. The community isn't ready for this, and neither is the development team; who is getting shoved out into the cold. City of Heroes is not responsible for the loss in NCSoft profits--other games are.
This petition is to stop NCSoft from shutting down the game and let many of its players keep their favorite game going! The players--and developers--are not prepared to see this game go down.