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Ziff Davis Sells 1UP to Hearst's UGO; Shutters EGM Magazine

Authored by Mark Hefflinger on January 7, 2009 - 10:12am.

New York - Technology publisher Ziff Davis Media announced on Wednesday that it has sold its 1UP Digital Network, which includes the game-related site 1UP.com, to UGO Entertainment, a unit of publisher Hearst Corporation. Financial terms of the transaction were not disclosed. Ziff Davis also said it will discontinue its EGM (Electronic Gaming Monthly) magazine, with the January print issue to be its last.