UGO Entertainment and parent company Hearst Corporation has announced that they have acquired gaming newssite 1UP and its associate websites, GameVideos.com, MyCheats.com, and GameTab.com from Ziff Davis Media, finally confirming rumors about the website's fate from the past months
Currently, it is unknown what will happen to 1UP's associate print magazine, Electronic Gaming Monthly. According to What They Play, there stands the large possibility that the magazine will be closed.
UPDATE:
There also some confirmed reports of layoffs from 1UP, including 1UP Show producer Matt Chandronait, as noted on his twitter. Gamasutra reports that 30 employees have been laid off, from employees involved with EGM, and some of the 1UP Network's web staff. Furthermore, the main show The 1UP Show have ceased production, along with gaming news magazine EGM.
- Breaking: Ziff Davis Sells 1UP To UGO/Hearst, Closes EGM (gamasutra.com)
- 1UP sold to Hearst, EGM magazine closes? (whattheyplay.com)
- Ziff Davis today: 1UP sale, layoffs, EGM shutdown (qj.net)
Most recently commented on by on Feb 19, 2009





Comments
I assume its the recession in combination with the people moving online thing. Rough times.
Any comment, Daigoji_Gai?
http://www.neoseeker.com/news/9566-1up-network-acquired-by-ugo-egm-shut-down/
...We really need Daigoji to come in here and explain...
Storm, they'll most likely just refund you the rest of what your subscription would have covered.
I loved GamePro too.
That used to be one of my favourite news sites before GameGrep. Even now I go there to get news here.
Is the site gonna be closed down too? I hope not.
Come on.
Richard Li is also a beast in Street Fighter 4.
I don't remember hearing about EGM competing against another company...
Now they won't come anymore.
Plus, we'd all have Collector's Editions to sell on ebay in a few years! haha
They will be changing but wont die.
https://www.zdmcirc.com/service/index.html
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