The divestment includes Eurogamer, GamesIndustry.biz, and Rock, Paper, Shotgun. It also includes stakes in Digital Foundry and Outside Xbox.
Associated UK events like EGX and MCM will remain under ReedPop ownership. The media assets are being sold separately.
The UK business has faced significant headwinds since ReedPop acquired Gamer Network in 2018. The review was conducted by parent company RELX Group.
Shifting search algorithms and the influencer economy have hampered growth. The financial impact of the COVID-19 pandemic on the events sector is a primary driver.
The sale is expected to be a comprehensive transaction. ReedPop prefers a single buyer rather than piecemeal divestment.
Single buyer. ReedPop is currently seeking a single buyer for the entire collection of assets.
A change in ownership will likely lead to restructuring and consolidation.
Consolidation expected. Industry analysts expect the transition to result in significant restructuring and consolidation.
The situation highlights a broader, urgent need for a sustainable model. This model is needed to support the future of games journalism.
ReedPop has officially initiated a sale of Gamer Network, a prominent UK-based portfolio of video games media outlets. The divestment includes major digital properties such as Eurogamer, GamesIndustry.biz, and Rock, Paper, Shotgun, as well as stakes in Digital Foundry and Outside Xbox. While the media assets are being sold, associated UK events like EGX and MCM will remain under the ownership of ReedPop.
The decision to sell follows a strategic review of ReedPop’s UK business, which has faced significant headwinds since the company acquired Gamer Network in 2018. The primary drivers for this exit appear to be the lingering financial impact of the COVID-19 pandemic on the events sector, which hampered growth, and the ongoing commercial challenges of monetizing B2C games journalism in an era dominated by shifting search algorithms and the influencer economy. Furthermore, the move aligns with broader corporate mandates from ReedPop’s parent company, RELX Group, which has prioritized operational efficiency and portfolio optimization across its exhibition segments.
The sale is expected to be a comprehensive transaction, with a preference for finding a single buyer for the entire portfolio rather than piecemeal divestment. This development has generated considerable concern regarding the future stability of the UK games media landscape. Industry analysts anticipate that a change in ownership will likely lead to restructuring and consolidation, potentially threatening the plurality and reach of these established media outlets. As the industry awaits a buyer, the situation highlights a broader, urgent need for a sustainable model to support the future of games journalism.