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UPdate On Ex-1UP & EGM Staff And New Projects
by Michael Camacho [ Thursday, 22nd of January 2009 - 05:02 PM ]
After the layoffs at 1UP.com and EGM a couple weeks ago, many wondered what the future would hold for the 40 some employees now without jobs. Fortunately for many of them, they banded together to start various new projects. As one of their fans, I've had the chance to witness and experience these new projects, and here is the basic rundown. Rebel FM&Eat-sleep-game.com: Former staffers Anthony Gallegos, Nick Suttner, Phillip Kollar, and others bring you the first project. Read More...
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Ziff Davis Sells 1UP to UGO
by Michael Camacho [ Wednesday, 7th of January 2009 - 03:19 AM ]
I am saddened to report that Hearst-owned UGO Network has purchased the 1UP Network from Ziff Davis. In what was thought initially to help improve 1UP and its financial standings, has turned out to be a grim surprise. After officially announcing the sale earlier, Ziff Davis Media CEO had this to say, “We believe this is a smart transaction for Ziff Davis Media that places these market leading assets and teams in a great environment poised for further success. The transaction allows us to pay down debt and shift our full focus to our core PCMag Digital Network business. We thank our 1UP team members for their contributions and wish them the best of success into the future”. Read More...
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