Ziff Davis: Ailing EGM all but doomed

The long running video game magazine Electronic Gaming Monthly, or EGM to we in the know, is all but doomed, its publisher said Friday.

According to Jason Young, CEO of the magazine's ailing publisher, Ziff Davis, the magazine might not last to see its 20th anniversary next summer.

This would be the second Ziff Davis magazine to get the ax in as many weeks. Earlier this week, the publisher eliminated the print version of PC Magazine, which had been on newsstands for more than 20 years. An online-only strategy might also work for EGM, the exec said.

According to an article in the New York Times (by way of ), Young blamed rising costs and decreased advertising as reasons for the closing of PC Magazine (and presumably EGM, should it occur).