UGO buys 1up. Shuts EGM & Podcasts. Fires Staff.

It’s not like it has come as a surprise to anyone.  Print has been slowly dying.  We saw the closure of  CGW, its rebirth as GFW then its ultimate demise.  Today EGM is also dead.  Milky’s turn at the reins was likely a last ditch effort to change the magazine and it looks like it wasn’t enough. UGO has bought 1up as expected. Unfortunately much of the staff have been laid off.  The boards are reacting.

Ex-EGMers at player one podcast have some insightful looks

Skip and Shawn Elliot are chiming in at NeoGAF

People at 1up are archiving podcasts as torrents before they are taken down for good.

Joystiq has a comprehensive list of the 40 or so staff that have been laid off.

Good luck guys, you produced a great product. It is odd seeing you bought by a smaller company.

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