CGM and Massive to Shut Down

This afternoon, Gamasutra and Bill Harris over at Dubious Quality broke the news that CGM will be shutting down immediately. Once they heard this, our sister pub, The Escapist, got on the horn to find out just what was happening.

The Escapist talked with a source inside Computer Games Magazine's parent organization who, for obvious reasons, wished to remain anonymous. Considering a number of his statements reflected similar stories from similar sources, and the fact that this source is a long-standing friend of The Escapist and a reliable source, we feel comfortable reprinting his revelations here.

It seems there is some validity to this story. To read more, check out the article at The Escapist.