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kombo.com - 1/7/2009

Rumor: UGO Buys 1UP, Puts EGM Out to Pasture-- Announcement Tomorrow?

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Ah, now here's a rumor with some substance and intrigue behind it. Like others, we've heard rumors that have been unable to be substantiated that Ziff-Davis owner of the 1UP family of websites and longtime industry staple Electronic Gaming Monthly (EGM) magazine, would sell the lot to Hearst ...

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Over 30 Ziff Davis Employees Gone -- Including James Mielke, Shane Bettenhausen
Kombo.com — [image] Earlier today , Ziff Davis made a reality out of rumors that the company is selling its 1UP Network to UGO Entertainment when it announced the buyout was in fact happening. Official details on the acquisition are still hard to come by, but as the hours go by, we're learning more about it. MTV Multiplayer published a story tonight, revealing that more than 30 Ziff Davis employees, including many well-known 1UP staffers, have been laid off. MTV Multiplayer has learned from multiple sources more than 30 people were laid off as part of the transition, including much of the ...

1UP Staff Tweet About Ziff Davis Lay-Offs
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UGO Acquires 1UP, Eliminates Staff And Drops EGM
Press The Buttons — There's big news unfolding in the world of video game journalism as UGO Entertainment has acquired The 1UP Network.  Part of the sale involves the dismissal of some well-known figures in the industry and the shuttering of podcasts, video shows, and even the venerable and long-lived gaming magazine Electronic Gaming Monthly.  With the way the economy has been souring lately this sort of thing shouldn't be too much of a surprise, but still, the 1UP team has put out some of the best news articles and special features in the business and ...

Sam Kennedy Speaks on the Do or Die Nature of UGO's 1UP Acquisition
Kombo.com — [image] As we all probably know by now, yesterday brought news that would rock the entire business: 1UP.com has been sold to UGO parent company Hearst Corp. And with that news, while not so bad in itself, came more news, worse news: ...

1UP: UGO CEO 411's MTV WTF
Kombo.com — [image] The talk of the day has been the purchase of 1UP.com by UGO , and all the controversy surrounding it. 1UP Editorial and Site Director Sam Kennedy gave his thoughts earlier on the matter of the changing of the guard; now, MTV Multiplayer has managed to get ahold of J Moses, the CEO of UGO, so that he could give his side of the story. One issue of note is the departure of 1UP employees; whereas many have viewed it as UGO firing some 30 or so people, Moses sees it slightly differently: "We have just hired 24 people. At a time where all you read about ...