The corporate version:
Today, Ziff-Davis announced that as part of a restructuring of its new property IGN Entertainment, three of IGN's smaller secondary sites -- namely, 1UP.com, Gamespy.com, and UGO.com -- would be "winding down." As is often the case with such reorganizations, some of 1UP's staff was laid off while others will be moving over to work as contributors at IGN.com. No timeline was given for 1UP's closure or if its servers would continue to run indefinitely.
read more: http://www.1up.com/news/true-1up-reached