1UP sold to UGO/Hearst. EGM gone. 1up show & podcasts gone. 40 1up/EGM employees gone

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mosaic

go eat paint
My condolences to everyone that's been told they're losing their job... or will be told so in a few months once the "happy lies" wear off.

I sincerely hate that EGM might be done for, just given it's history in the hobby. But this is probably good news for 1UP. Well, as good as can be had in this economy with a site formerly-owned by Ziff-Davis Media. UGO can't possibly run a site or magazine worse than ZD Media did the past 5 years or so... good lord, Ziff was once king of tech-magazine publishers... and they squandered it with greed...

And by they, I mean all of those nameless-to-us execs that thought going into insane debt was better than trimming dozens of overpaid execs. Seriously, you ever read one of Ziff's SEC filings? It was like the ending credits to a movie. What did they all do?! Why did they cost so much?!

Anyway, good luck 1UP people.
 
We saw it coming and now it right in front of us.

I just wanted to say to everyone at 1UP that you guys have my eternal support no matter what happens. Good luck and remember that everything has a reason in this life! I'm sure this change is going to be beneficial.
 
After a comprehensive process, this morning we completed a deal with Hearst Interactive, the owner and operator of UGO Entertainment. 1UP.com, MyCheats.com, Gamevideos.com, and Gametab.com will now all be part of the UGO Entertainment business. Many of our employees will travel with this business and become part of the UGO team.

With this transaction happening, we have also made the decision to discontinue publication of EGM. The January 2009 issue will be the final issue of the publication. With demand for print continuing to decline amongst both advertisers and readers and the content being produced by 1UP no longer available for use in the publication, it simply did not make sense for us to move forward with this business any longer.

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.
Is DL.TV part of the PC Mag network?
 
ferricide said:
internal emails never do!
Well, yeah, I mean, it sounds so dicey for so many people since the split is so deep. For anyone to transfer over to 1up, it's to a completely different company, and anyone left at ZD will have to find work in what sounds like a massively smaller resource pool. So really it doesn't sound like even one job is safe.
 
MirageDwarf said:
I really hope all staff remains and they get a chance to say whatever they want as they are use to so far.

That is what I like about 1up best.
Well when a company spins-off a division it doesn't necessarily mean big changes, and lay-offs. If 1-up was profitable division things should continue 'as-is', especially for the technical/writing side of things.

If 1-up on it's own is not profitable, then we can expect changes and slashing of non-profitable ventures along with employees working on them.

On another note, the 1-Up show could probably take more advertising a become profitable (if it isn't already), it's probably got a good audience that can support ad sales.
 

YYZ

Junior Member
I hope I don't forget to pick up the last issue. Probably a normal issue since there doesn't seem to have been much of a warning signal.
 
No one could claim they didn't see this coming. EGM is totally irrelevant, but 1Up might finally have enough money to fix their site and get gamevideos out of "beta".
 
An excerpt:
After a comprehensive process, this morning we completed a deal with Hearst Interactive, the owner and operator of UGO Entertainment. 1UP.com, MyCheats.com, Gamevideos.com, and Gametab.com will now all be part of the UGO Entertainment business. Many of our employees will travel with this business and become part of the UGO team.
Many, not all. Some layoffs are obviously going to happen.

:( :( :(
 

Gig

One man's junk is another man's treasure
Damn, this sucks, I've been a subscriber for five years now, loved it a lot.

I hope everyone loses their job is a to get back on their feet.

:( :(
 
^^^ Edge is really good, even though it's ridiculously expensive.
With this transaction happening, we have also made the decision to discontinue publication of EGM. The January 2009 issue will be the final issue of the publication. With demand for print continuing to decline amongst both advertisers and readers and the content being produced by 1UP no longer available for use in the publication, it simply did not make sense for us to move forward with this business any longer.
:(. Wolverine's crappy pixelated head will haunt EGM forever
 
This really, really sucked. But ,to be frank, I saw this coming.
Has the latest issue started to hit subscribers yet? And if so, does it mention anything about the magazine shutting down?
 
EGM can hardly be called good anymore.

It would be like if The Simpsons was cancelled and people were sad because "we lost one of the greatest television shows in history."

Not anymore, my friend.
 
maniac80 said:
Well when a company spins-off a division it doesn't necessarily mean big changes, and lay-offs. If 1-up was profitable division things should continue 'as-is', especially for the technical/writing side of things.

If 1-up on it's own is not profitable, then we can expect changes and slashing of non-profitable ventures along with employees working on them.

On another note, the 1-Up show could probably take more advertising a become profitable (if it isn't already), it's probably got a good audience that can support ad sales.
The thing is a number of the people at 1up have been in print publishing for a long time, and when you take away their baby... This is a precedent we have seen before with gfw. And again there might be blogs and reassurances that things will stay the same, but obviously they wont. This will eventually change everything about 1up, the question is only how soon...
 
Godspeed EGM. This is a sad day for gaming.

We'll never forget you! Thanks for everything.

In on the other hand:

I know there's nothing oficial... just don't kill 1UP.com!! :(

Danthrax said:
None. We just lost the last good one. =(
EDGE wants to have a word with you in the parking lot.
 
This is terrible news. For the last 8 years I've subscribed to the magazine, it's always been the one thing I look forward to every month, knowing that it would be coming to me in the mail. Now that is gone, as well as a possibly the 1UP Yours podcast that I've really grown to love over the last year.

Damn, this is awful news....... :-(
 
im an EGM subscriber, im really sad about this news. for me, there's still room for a good magazine reading, unfortunately, i guess not a lot of people share this view. sad day. magazines are dropping like flies. well, here's to hoping that 1up transitions well.
 
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