Gamasutra - Ziff Davis Sells 1UP Network To UGO/Hearst, Closes EGM
Ziff Davis has sold 1UP to UGO/Hearst. UGO/Hearst made the decision to shut down Electronic Gaming Monthly which has been one of the top-tier gaming magazines since 1989.
I've been a subscriber to EGM since...well, probably 1996 or so. It's so sad to see EGM being shut down. All of the editors and writers for EGM are officially laid off.
I read a comment from that site and I agree: I knew about games and got excited about them from EGM, not from a damn websites. Websites fail to ge me interested in any new game. I never read gaming websites for previews...it's always printed publications.
I hope this doesn't start a chain reaction of other gaming magazines shutting down.