1UP sold to Hearst, EGM magazine closes?
Media business website paidcontent.org posted a story this morning with the headline "Ziff Davis sells 1UP digital network to Hearst, shutters EGM" but has since removed the piece from its website. The original content of the text is still visible using an RSS reader, and it stated,
Looking to conserve its resources for its PC Mag Digital business, Ziff Davis Media has sold off the 1UP Digital Network, its collection of video game sites, to Hearst Corp., which will fold it into the UGO Entertainment division, the companies said. In conjunction with the sale, the related print mag Electronic Gaming Monthly will publish its last issue this month. Terms of the deal were not disclosed.
Since finishing up its Chapter 11 proceedings last summer, Ziff Davis has sought to devote more energy to building up the PC Mag online network. Before this, Ziff Davis' biggest step in the streamlining process involved the shuttering of PC Mag as a print product in November. As for Hearst's UGO, the addition of 1UP's sites is designed to further consolidate its efforts to build up content for gamers since Hearst bought the 11-year-old male-centric entertainment company in July 2007.
We tried to reach representatives from Ziff Davis for an official comment, but none was forthcoming. We'll continue to do some digging, and find out what might be going on - and whether the paidcontent story is, in fact, true.
Update: Sources have indicated that details will be forthcoming as to the validity of the story by tomorrow morning.
Another Update: We will probably see an official announcement tonight confirming the above news - along with the fact that Filefront (ironically, originally a part of UGO) will not be making the move to Hearst/UGO.
Confirmed: 1UP has confirmed the story here.
edit: don't forget to modify the forum header:
FileFront Game Sites |
1UP Network: 1up| EGM| GFW| TGS 2007 Coverage| FileFront| Gaming Today
Sad day for 1up and EGM. :(
So, we stay, but others Die?
17th June 2002
Admiral_Antilles;4757042So, we stay, but others Die?
When trying to make your hot air balloon rise, you should always throw out the bricks of stone before you throw out the bricks of gold...
Yeah, I know that sucks. Why would you have bricks of anything in your hot air balloon in the first place? Why would you be carrying around gold like that? How did we end up in the balloon anyway? It's still profound, damn it!
You can cross out "Gaming Today" as well. :(
Maybe with this change we can get more dedicated technical aspects for the site. I'm excited.
I am a mean boss ⬆️⬆️⬇️⬇️⬅️➡️⬅️➡️??
6th April 2000
We will continue to operate the FileFront business as a part of the PCMag Digital Network. In the coming months we will determine the best ways to leverage the scale and functionality of this digital property to expand our business position.
This would have sucked to wake up to had it been different.
Product Manager | GameFront.com
n0e;4757355This would have sucked to wake up to had it been different.
Meaning FF would be terminated?
Jeff is a mean boss
28th July 2002
I remember back in the day there used to be a big "UGO" logo at the top of these forums.
Way back when...
S.T.A.L.K.E.R.;4757588I remember back in the day there used to be a big "UGO" logo at the top of these forums.
Way back when...
Me too, and the network sites had the big UGO logo in the top left corner.
They were never bad, although we never really heard from them either.
Mr.Funsocks;4757114 Maybe with this change we can get more dedicated technical aspects for the site. I'm excited.
Well 40+ 1up.com employees we let go last night, EGM put out their last issue (it's been running since 99 I do believe) and whatever else is going on with this new ownership. I wouldn't be excited. If the same thing were to happen to FF (which it didn't though), the same would probably happen with it's employees and volunteers.
Either Ziff Davis Media wanted to keep FF, or UGO didn't want it.
If it's not ASAP, I don't care
19th October 2007
This is sad news indeed not only for the fact that 1UP was bought and gutted by firing a good portion of their popular editors, but it's also a sad realization that print media truly is dying. As much as I read on my iPhone while I'm on the throne, reading something in a magazine can be fulfilling too.
If Maxim or Stuff are discontinued, I'll be sure to take a nice bubble bath with a toaster.