Computer Games magazine shut down
A Gamasutra article indicates that dead tree media will soon be missing two more magazines, with Computer Games Magazine and its sibling, Massive, both facing the publishing guillotine. Publisher for the computer enthusiast and MMO-centric magazines, TheGlobe.com, is reportedly buckling under a recent spam-related lawsuit -- the cause of which was a ham-fisted ad campaign that blasted MySpace users with over 100,000 unsolicited e-mail messages.
An SEC filing from TheGlobe estimates the damage payable to be between $40 million and $120 million. The filing goes on to state that "judgment against it would materially and adversely affect its financial condition and future operations, including the potential bankruptcy or cessation of business of the Company." It seems even large companies get to slit their wrists on MySpace.
