"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."
-Whattheyplay.com
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EDIT:
1up employees laid off or otherwise gone (incomplete):
Adrian Frieg
Amy Mishra
Amy Moran
Andrea Garcia
Andrew Fitch
Andrew "Skip" Pfister
Anthony Gallegos
Cesar Quintero
Christina Rosa
CoyLou Steel
Derek Chinn
Doug Parsons
Eric Ellis
Giancarlo Varanini
Greg Ford
James "Milkman" Mielke
Jason Bertrand
Jason Wilson
Jervilyn Jaramillo
Justin Frechette
Leslie Gelfand
Marci Yamaguchi
Matt Chandronait
May Tong
Meredith Stowe
Michael Donahoe
Monique Convertito
Ndubuisi Madu
Nick Suttner
Norris Boothe
Philip Kollar
Rey Serrano
Robert Bowen
Rosemary Pinkham
Ryan O'Donnell
Ryan Scott
Shane Bettenhausen
Simon Cox
Tammy Ross
Tipler Ubbelohde
Edit #2:
Sam Kennedy addresses the situation:
http://www.neogaf.com/forum/showpost.php?p=14274125&postcount=2629
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."
-Whattheyplay.com
---------------------------------------------------
EDIT:
1up employees laid off or otherwise gone (incomplete):
Adrian Frieg
Amy Mishra
Amy Moran
Andrea Garcia
Andrew Fitch
Andrew "Skip" Pfister
Anthony Gallegos
Cesar Quintero
Christina Rosa
CoyLou Steel
Derek Chinn
Doug Parsons
Eric Ellis
Giancarlo Varanini
Greg Ford
James "Milkman" Mielke
Jason Bertrand
Jason Wilson
Jervilyn Jaramillo
Justin Frechette
Leslie Gelfand
Marci Yamaguchi
Matt Chandronait
May Tong
Meredith Stowe
Michael Donahoe
Monique Convertito
Ndubuisi Madu
Nick Suttner
Norris Boothe
Philip Kollar
Rey Serrano
Robert Bowen
Rosemary Pinkham
Ryan O'Donnell
Ryan Scott
Shane Bettenhausen
Simon Cox
Tammy Ross
Tipler Ubbelohde
Edit #2:
Sam Kennedy addresses the situation:
http://www.neogaf.com/forum/showpost.php?p=14274125&postcount=2629