It seems as though the folks over at AOL are trying to cut down costs which are deemed to be unnecessary, or burdensome to the bottom line – which is what any business would do when the times get tough. In fact, one of the latest “victims” to fall to this particular policy would be the aged and well loved online video game publication known as Joystiq, under part of AOL’s plan to release what they deem as “underperforming content properties”.
In fact, a post over on Joystiq does seem to confirm such whispers, citing that “we may as well handle this the same way we’ve been covering the video game industry for ten years. Sources tell Joystiq that the staff is aware of the closure, but corporate hasn’t officially told them, so they are unable to acknowledge anything out of concern that it will cause immediate shutdown. We’ve reached out for more information. We will update, as we always have, when we know more.”
First founded all the way back in 2004 under the Weblogs network, it certainly has seen better days. AOL picked up the Weblogs network in 2005 alongside sister sites such as Engadget which focuses more on technology and consumer electronics.