OfficialXboxMagazinehas been shut down by its newspaper publisher , a novel report has confirm . OXMwas one of the last gaming magazines impart on the market , and had been in circulation sincethe launch of the original Xboxalmost 20 year ago . Microsoft first licence the magazine ’s publication rights to UK - base culture medium company Future , which has adjudge them ever since .

According toEurogamer , Future closedOXMlast week and laid off the powder magazine ’s few stay on faculty . It is one of six magazines being closed down by the society , and the only gambling - related one . futurity stated that the reason for these closures was adecline in video game retailthat had touch magazine publisher sale , and claim its executives had take earnings gash to reduce layoffs . " We have a obligation of care to all our faculty during this sentence and our focus is on protecting the business for them and for our client , " the statement show . " We have introduced a raft of measure to keep the number of lay - offs to an downright lower limit , including significant pay cuts for our Executive Team and Board . "

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Future has also scale down its other video game outlet , includingPC GamerandGamesRadar- editors recently station email to self-employed person warning of budget cuts . Despite theplanned launch of the Xbox Series Xthis twelvemonth , Official Xbox Magazine will deplorably no longer be around to provide exclusive feature on it . OXM ’s terminal cover featuresthe upcoming remake ofResident Evil 3 , enunciate it offers " the most intriguing survival - repugnance action yet . " It ’s a fitting , classic cover feature that neatly encapsulate all the dandy thingsOXMhad to put up , and while it ’s absence will make it painfully missed by consumer who require a sure voice account on Microsoft ’s offerings , it will leave behind a legacy that plenty of fans will remember fondly .

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Source : Eurogamer

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