Computer and Video Games, more commonly known as CVG, looks set to close and all staff of Future UK has been put on a 45-day consultation period as the management struggle to bring the company in to profit.
PC Gamer, Gamesradar and the very recently launched Kotaku UK are safe at the moment but other Future games websites and publications will also face changes. Those may include Official PlayStation Magazine, Edge and Gamesmaster.
Zillah Byng-Maddick, CEO of Future, has told staff that the business model was not “working hard enough” and the company “we need to change and fast.”
It is immensely sad that CVG may be closed down, the brand has been existence for more than 30 years beginning life as part of the Dennis publishing empire before being bought by Future in 2004. Our thoughts are with the staff at Future, hopefully they can all find employment elsewhere.