The only
Could this be the last issue?
If indeed this were true, I would want to know what Summit would be doing to its captured audience of gamers who have been reading the magazine since the early 2000’s. Sayang.
So why are they closing? I don’t have the necessary information to make an informed decision but if you were to ask me, as one in the publishing as well as gaming industry, it would have something to do with franchising a magazine that features console games.
Here are some points to ponder:
1. Console gaming industry in the Philippines is zilch because of piracy.
2. Games Master is a foregin franchise. You would need to have very good circulation and advertising revenue to maintain the monthly cost of the franchise alone.
3. The gaming market in the Philippines is focused on online stuff because that’s where the money is at.
4. Could they be coming up with another magazine because Summit didn’t renew the contract with Games Master UK?
In any case, I do widh Ed and his cool crew a good one. We’ll know for sure in the next month if this is really true. The world is watching! I’d sure hate to see a Summit publication go out of business. It says … something.
7 replies on “Games Master Closing?”
[…] Is Gamesmaster Magazine Philippines closing? via ABuggedLife. […]
I sure do hope Summit isn’t closing, and I think the trends don’t look headed that way either. Perhaps they’re just streamlining things, and most likely coming up with another gaming mag without the franchising overhead, one that is more tailored for Filipino gamers. Sana. 🙂
[…] Jayvee wrote on his personal blog two weeks ago speculating that GamesMaster Philippines was closing. I’ve come across more specific information from an anonymous source. After a 6-year run, Summit Media will stop printing on September; we can at least expect two more issues (August and September). Financial troubles were mentioned as the reason, as the magazine apparently never attracted enough readers to attain profitability. […]
[…] Case in point is GamesMaster strong yet unprofitable 3 year-reign. […]
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[…] of what really happened with GamesMaster Magazine. While there were some curious personalities here, here, and here, a lot of questions were still left […]
[…] about the cost of franchise licenses. This isn’t the first time it happened. Summit closed UK franchise Gamesmaster in 2006. Hinge Inquirer closed PC Magazine […]