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Today - 1UP sold to Hearst, EGM magazine closes?

Joystiq found this 1/6/2009 on whattheyplay.com

Media business website paidcontent.org posted a story this morning with the headline "Ziff Davis sells 1UP digital network to Hearst, shutters EGM" but has since removed the piece from its website. The original content of the text is still visible using an RSS reader, and it stated, ...