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Ziff Davis Sells 1UP.com to UGO, Axes EGM Magazine

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It’s the end of an era for videogame magazines. Electronic Gaming Monthly, Ziff Davis’ flagship multiplatform gaming magazine that began publication in 1989, is no more. Today, Ziff Davis announced the sale of its Game Group to Hearst Corporation, owner of the UGO network of websites. EGM, sadly, won’t be making the jump -- nor will the fan-favorite 1UP Show or any of the network's podcasts.  

"We are extremely excited to join the UGO team," said Sam Kennedy, editorial director and creator of 1UP. "Relying on UGO's publishing platform will allow us to focus on what we do best -- creating great content and 'owning the conversation' among gamers through our unique, authentic and definitive voice and community."

Many of 1UP/EGM’s former employees, on the other hand, don’t share Kennedy’s excitement. Joystiq has the full list of lay-offs and departures – which they’ve aptly titled “Assessing the damage” – should you wish to get an up-close look at 1UP’s shattered remains.

Our best wishes go out to the many affected by this unexpected turn of events. Your smiling faces' monthly presence in our mailbox will be sorely missed. Even so, whatever you do next, we’re sure it’ll be amazing.

COMMENTS
avatarRIP EGM

this song sums it all up very nicely RIP EGM.

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avatarRIP EGM ... 

RIP EGM ... 

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avatarFYI

http://en.wikipedia.org/wiki/Ziff_Davis#Bankruptcy_Protection

Its my understanding Anthony, Nick and someone else from 1up will be blogging and continuing to podcast.

http://www.eat-sleep-game.com/news/ <---Anthony's old game blog site.

 

 

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avatarThe Most Depressing News Ever

I was a loyal GFW radio listener. Then they switched to LAN Party when Jeff Green and Shawn Elliot left. LAN Party was awesome. It was bad enough when the GFW magazine closed. I used to run to the library every month to read it cover to cover, over and over again. Then, my library cancelled their subcription to it. I was mad. Very, very mad. So then, I subscribed. I recieved 1 issue and then, about 3 weeks later, it shut down. In October I recieved a free subscription to PC Gamer. I love it now. No offense, but I still think GFW was a little better. I am a loyal listener to the Maximum PC and PC Gamer podcasts. I did listen to LAN Party, but not anymore cause Ryan Scott, Matt Chandronait, and Anthony Gallegos were fired. Hopefully another podcast will rise up from the mist. I am very, very sad right now. I guess I'm in denial. I just can't accept that one of my favorite podcasts and websites from 1up are being changed. (Or in the case of the podcast, most likely gone) Yeah, it sucks.

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avatarthis is sad

back before i really started getting into pcs and pc gaming, i was an avid reader and subscriber of egm, i even started buying the random issue after i got a 360. huge loss for console games that enjoyed a good read.

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avatarIs Ziff Davis in trouble?

Ziff Davis seems to be making a lot of changes lately. First they moved PC Mag to digital only and now selling 1UP and ending EGM. What's next? Are they going to stop doing podcasts?

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avatarthat's a shame ... hope it

that's a shame ... hope it doesn't happen to future inc ...

imagine .. maximumpc and maclife merged :p 

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avatar"imagine .. maximumpc and

"imagine .. maximumpc and maclife merged :p"

 Gordon would be crushed.

"I just hope Max PC doesn't suffer the same fate as 1up!"

Agreed. 

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avatarhonesly Maclife could use

honesly Maclife could use the Sure Awesome backwash of MaxPC. God everytime i go there for someuseful info for my mac i FEEL brain celsl dieing.

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avatarI posted this in a thread on

I posted this in a thread on the forums a week or two ago regarding the problems Ziff is having.

EGM, Games for Windows (CGW), and PC Magazine shut down because Ziff Davis's business model collapsed, not because of any inherent flaw in magazines, the editorial staffs, or print in general.

There are three basic ways magazines make money: 1. on advertising sales 2. on newsstand sales 3. on subscribers. Depending on the type of magazine (enthusiast book, trade pub, etc) and the publisher, the ratio of money made from the different areas can change.

Ziff always focused heavily on ad revenue, at the expense of the other two areas. One of the main ways to maximize ad revenue is to pump up your circulation (the number of copies you distribute to people) artificially so you can charge advertisers more for ads (more people = more money). Unfortunately for them, this is insanely expensive, and means that instead of making money on your subscribers, you lose money on them. So, as the ad dollars went from awesome to merely good in the areas that these books covered, they started having trouble. In order to keep those advertisers they did have happy, they couldn't let those magazine's circ drop back down to natural levels. They were trapped with an incredibly expensive circ base to maintain. Because they'd set the expectation over the years that their mags weren't worth much (on newsstand or in sub form) and they promised their advertisers that X number of people would see the ads, they were totally fucked.

My company (and other successful niche publishers) rely on all three pillars for revenue. We have a much lower circulation (250k for Maximum PC vs. around 1M for PC Mag), but we're not giving away copies for free, like PC Mag did. We make money on subscriptions as well... It's not a ton, but it doesn't cost us money every month to send our mags out the door. So, when advertising gets a little tight, as it tends to do any time the economy goes bad, we still have two good revenue streams which keep our publications afloat until times are better again.

There are going to be high-profile magazine closures in the future. The mass market titles, like Time, Newsweek, TV Guide, and other similar titles are having a very hard time, because they never offered anything unique that's not readily available on the web. However, until there's a color Kindle-type device that you can buy for less than $100, print isn't dead.

TLDR: PC Magazine, EGM, and GfW didn't close because "print is dead", but because Ziff couldn't or wouldn't shift its business model to work with changing times. Saying "print is dead" because one magazine publisher is imploding is ludicrous. You wouldn't say "Cars are dead" just because GM is failing, would you?

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avatarEGM was dead long ago.

@ willsmith, re: "EGM, Games for Windows (CGW), and PC Magazine shut down because Ziff
Davis's business model collapsed, not because of any inherent flaw in
magazines, the editorial staffs, or print in general."

You haven't read EGM lately, have you. It was painful to read. I had a free subscription and I didn't enjoy reading that magazine. While EGM's fall from pretty good magazine in the 90's to complete dreg today isn't the sole cause, or even main cause of it's demise, I am sure it had even a small part in it. While almost all of the financial problems are the fault of Ziff-Davis, the lame content in EGM is not their fault.

I used to enjoy EGM in the 90's, but over the last year it's been a burden to read. Insulting the readers in the Letters section, complaining for most of a game review on a game that gets an A, the article in the back written by that "Seanbaby" idiot...it was all just very annoying. While the nostalgic side of me is sad that it's gone, the up-to-date side of me is kind of glad it's out of it's misery. I do, however, regret that they didn't make it to the March issue, which would have been their 20-year anniversay. Or at least to one more issue in which to wrap things up, reminisce, and say goodbye, as I am sure the next issue was near completion at this point.

There are still other game magazines out there, most of which I consider better than what EGM had become.

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avatartruely the end of an era

1up was the last truthful game review site, and now they finally ended. After many losses like gfw magazine, egm, shawn Elliott, Jeff Green, and many more of the editorial staff, this was still a very unexpected turn for the worst, and I just hope all of the staff layed off will find a good job. great job UGO, you just killed a legacy, and an extremely large fanbase, be ready for no views on the new site.

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avatarhow can you be pissed off at

how can you be pissed off at UGO? they purchased it, not like they did anything illegal. why don't you get pissed off at ziff davis? they're the ones that sold it.

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avatarbecause they killed 1up

its ziff davis and UGO's fault for selling out on readers and their own employees. they made stupid economical mistakes and decided to kill off some of the most important things 1up had to solve the mistakes, and it still didnt work well. in the end they layed many great people off the job for more money, mainly ziff for jumping ship like they did. i know this is what businesses do in the real world, but not giving a shit about your fanbase and employees that have been around for so long, is not right. i still give the best of wishes for those layed off, and that they will find as great of a job as tey had before.

 here is an exerpt from Jeff Green's blog, go read it if you havent, plus sam Kennedy's post about 1up was trash, he just tried to make a good deal of it, and failed, though I understand what he's going through, and its not his fault. its been removed from the site as of now, but read Jeff's it does justice to 1up.

 

"...I'll just say what would have been nice to read, instead: "Our website
is decimated. Our new owners failed to recognize the talent we had,
which comes as no surprise since their own website values
lowest-common-denominator pandering over quality content. We will do
our best to do what we can, despite the fact that they gutted us. This
fucking sucks."

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avatarAgreed!  ZD must not be

Agreed! 

ZD must not be doing so well these days, first no more physical pc mag and now this!? :(  I just hope Max PC doesn't suffer the same fate as 1up!

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avatarI think Future US is in a

I think Future US is in a lot better shape than Ziff-Davis was. All their magazines seem to be doing quite well. SAme with IDG (GamePro, PC World)

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avatareven Pregnecy Magazine?

even Pregnecy Magazine? Doesn't seem like that would be a very well to do magazine to me...

 

:P

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avatarProbably very healthy if I had to guess.

Of course it does, I bet they have a huge percentage of newsstand sales.  Plus the advertisers are marketing to a very narrow group looking to spend money.  It's an easy sale for the ad side.

The first time my wife was pregnant she came home with four books and three magazines.  I think she even subscribed to Pregnancy for a year or two.

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