Sign in to follow this  
kartracer3

Official Xbox Magazine [OXM] Restructuring

Recommended Posts

kartracer3    0

Hey Everyone, I wasn't sure if this is the correct location for this topic, but I didn't see it discussed anywhere else on the site. I noticed some stories a few days ago saying that Future was looking to stem its current streak of operating losses (their share price dropped by 68% from Jan to Apr 2014 as a result) by eliminating redundancies within their organization and expediting their transition to digital publishing. As a result the OXM US team has been laid-off or terminated, and as a result subscribers will be receiving the OXM UK magazine. At least, it said a magazine published by the OXM UK team, I'd assume it's the same issue. Here are some sources that I've found:

A retrospective by IGN_Ryan (McCaffrey):

http://www.ign.com/blogs/ign_ryan/2014/04/25/thanks-for-everything-official-xbox-magazine

Business-themed article by GamesIndustry International:

http://www.gamesindustry.biz/articles/2014-03-28-future-publishing-cuts-us-staff-by-a-third

Discussion at NeoGAF:

http://www.neogaf.com/forum/showthread.php?t=808156

OXM US twitter account, with some recent tweets adding clarification:

https://twitter.com/OXM

Share this post


Link to post
Share on other sites
Areala    25,516

That's really a shame. I wish the OXM team the best of luck in securing new writing gigs as quickly as possible. Thanks for the news, kartracer. :)

*huggles*
Areala

Share this post


Link to post
Share on other sites
TheRon    1

It's really sad to hear this, OXM was one of the magazines I bought regularly back when I got the first XBOX and I loved having access to demos for the first time. I was introduced to a number of fantastic games through OXM's disks, including Doom 3 and Star Wars: Republic Commando. Digital may be beating out print these days, but I, for one, still love to have something to look forward to every month as well as having something physical to collect. Hopefully the journalists will be able to find work elsewhere soon.

Share this post


Link to post
Share on other sites
KiwiArcader    471

That leaves PC Gamer as the last magazine they are publishing separate UK and USA editions for. My money is on the USA version getting shut down sooner rather than later if they are indeed bleeding cash.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

Sign in to follow this