1up
The Final Copy Of EGM That (Almost) Never Was
2:30PM Luke Plunkett | 1UP is a husk. EGM is dead. Sad news, especially for subscribers, especially for those anticipating what would have been the magazine’s 20th anniversary issue. But hey, chin up, here’s your silver lining. More »
Mass Firings At 1UP After Sale
11:30AM Luke Plunkett | Oh boy. Looks like the sale of 1UP to Hearst hasn’t gone as smoothly as you’d expect. Rather than simply move house, it seems most of the site’s most experienced/popular writers have instead been let go. More »
1UP Sold To Hearst Corporation, EGM To Close
8:42AM Luke Plunkett | What began as a rumour last month has now escalated into full-blown fact; Ziff Davis have officially sold the 1UP network to competitors Hearst, owners of UGO.com. More »Court Confirms Ziff Davis’ Bankruptcy Plan
3:00AM Brian Crecente | A U.S. Bankruptcy Court has OKed 1Up and EGM owner Ziff Davis’ bankruptcy reorganisation plans, the company said today, adding that it expects to emerge from Chapter 11 on July 1. “The Court’s confirmation of our Plan is a major milestone for Ziff Davis as we look to emerge from Chapter 11 restructuring,” said Jason Young, Chief Executive Officer of Ziff Davis Media. “We are very proud of the progress we have made during our short time in Chapter 11 to become a healthier company. We remain grateful for the unwavering support of our customers, vendors and employees throughout this process and we look forward to continuing our work with all of our stakeholders after our emergence. After concluding our restructuring, we will be better positioned, with the financial strength to grow and capitalise on our strengths.” The plan, in a nutshell, splits the $AU 452.82 million in debt between new stock and a $AU 60.84 million debt. I’m happy to see that both 1Up and EGM survived the turmoil. Let’s hope that they both recover as stronger entities than when ZD first filed. More »
Ziff Davis Wraps Up Restructuring, Cuts Debt
2:00AM Brian Crecente | Back in March 1Up promised that all of that nasty business with parent company Ziff Davis’ bankruptcy would soon be behind them and that they would be a stronger publication for it. Today, speaking at the 11th Annual Electronic Gaming Summit, Ziff Davis Media CEO Jason Young told the gathered summit members that the restructuring process will be wrapped up in June. More importantly, he noted that their $US 400 million debt will be reduced to a paltry $US 57 million, leaving them with the cash flow to invest back in their products, which includes 1Up, EGM and GameVideos. Sounds like Simon Cox, , Vice President of Content for the 1UP network, hit the nail on the head when he said they would be bigger, better, faster, stronger when they came out of the restructuring. Stay tuned later today for reports on talks given to this small group by Microsoft’s Jeff Bell;, analyst Michael Pachter; Tanya Giles, of MTV; and the always energetic Peter Moore. More »
LOLBox Art: You’re Doing it Wrong
9:00AM Owen Good | 1Up has a running feature on worst-ever box cover art. It’s been about six months since the last installation so they drop another dozen or so for us to laugh at. Yes, Okami’s watermarked box makes the list. So does the Orange Box. Remember, just because it’s bad box doesn’t make it a bad game. In fact, a good game triumphing over bad packaging is … even gooder! Some of these are so bad they look like LOLz. Utterly incongruous text over the graphics. Like someone developed a game and then they retrofit whatever art was laying around because they ran out the packaging budget. Pure Pinball? That looks more like a concept for Fox Force Five or something. The Worst Video Game Box Covers, Part 4 [1Up] More »Double Your Gears of War 2 Video Intake This Friday
8:40AM Michael McWhertor | GameTrailers TV isn’t the only outlet getting a helping of Gears of War 2 video exclusivity, as 1UP—read GameVideos—is touting its own must see clip. It’s hitting the internet at 10:30 PM Pacific Time, beating Spike TV’s programming in some time zones. 1UP makes no promises about Cliffy B face time, sadly. But double the Gears of War 2 footage will make this Friday a night full of meat cubes and zipper-straining fan-boners. You are quite welcome for the imagery! It’s the least I can do. Exclusive Gears of War 2 Gameplay Video on Friday [1UP] More »
News
Dan “Shoe” Hsu Leaves EGM/1Up
5:20AM Brian Crecente | I was shocked today to read that long-time EGMer and guiding force Dan “Shoe” Hsu is leaving Ziff Davis Media and the 1Up Network for personal reasons. His last day will be April 25. Shu is quick to point out that the decision was his alone and not one forced on him or dealing with any sort of lay offs, or connected in anyway to the recent news about Games for Windows. He says on his personal blog that after 11 years at the company it’s time to move on. It’s with a heavy (and relieved) heart that I write this: I’ve tendered my resignation here at Ziff Davis Media and the 1UP Network. My last day here will be Friday, April 25. This is my own decision; I’m not being forced out or laid off or anything like that. And this is not related to the recent news about Games for Windows: The Official Magazine (and I hope I’m not stealing any thunder away from those guys — that’s not my intention here). It’s just time for me to move on. I’ve been here, mostly with EGM, since April of 1996. That’s 11 years (taking off one year when I did a brief stint at Gamers.com)…quite a long time! While Hsu doesn’t say where he’s headed he does that that we will hear from him again in the near future. love the videogame business too much to stay away (plus, I’m too old to become a professional snowboarder). Besides, I will miss you guys too much. You all have been fantastic. I sincerely appreciate all the support you’ve thrown my way over the years — and that, I’ll never forget, either. Thanks and good bye…for now. I just hope it’s still as a writer. The game industry doesn’t need Hsu as much as we do. Hit the jump for the official release naming Sam Kennedy as his replacement as Editorial Director for 1Up Network. Goodbye [1Up] [Image] More »
Games For Windows Moves Online
5:40AM Mark Wilson | Games for Windows: The Official Magazine (formerly known as Computer Gaming World) has announced that the publication is pulling from the printed market to be hosted at 1UP.com. Games for Windows itself only made it through 17 issues before ceasing traditional publication. More »
