• EGM magazine is no more, 1UP staff slashed

    As you’re no doubt aware by now, UGO (owned by Hearst) has Read More

  • UGO Entertainment Buys 1UP Gaming Network; EGM Bites Dust

    Hearst Corporation unit UGO Entertainment has agreed to acquire 1UP.com, a property attracting a gamer audience along with its associated sites including GameVideos.com, MyCheats.com and GameTab.com. There had been rumors about a pending acquisition for a couple of weeks (more specifically, reported by Joystiq), but yesterday evening the company released the official news. The acquisition deal… Read More

  • Hearst Isn’t So Local After All; Local Mobile Search Still Going?

    Hearst Corp. apparently didn’t find what it was looking for, as it has sold off its shares of Local.com, a search engine for local businesses, services and products. Hearst was thinking locally earlier this year when it made a private placement investment in Local.com, and had paid $6 million for its stake, obtaining a 22 percent stake in the company. But last week the company converted… Read More