Though 1UP has now been gutted and sold to the highest bidder and EGM has been axed, several ex-Ziff Davis employees have already begun to rise above in the form of the Rebel FM podcast. In the spirit of 1UP FM, Nick Suttner, Matt Chandronait, Anthony Gallegos, Philip Kollar, Jade Kraus, and Ryan O’Donnell have brought us a brand new audio production. Though they experienced some technical issues which resulted in some sketchy audio quality, the Rebel FM crew gets right down to doing what they’ve always done: talk about video games. But not before they shared a bit about what went down at 1UP this past Tuesday. They’ve also said that the Backlog segment which 1UP FM listeners had come to love will find a new home in Rebel FM, albeit probably under a different name. I was very glad to hear this news.

Rebel FM is currently headquartered at Anthony Gallegos’ old blog Eat Sleep Game. If the site is still down when you’re reading this, you can grab Episode 1 of the podcast via Bittorrent.

I would also like to mention that torrents have been made for collections of several 1UP podcasts including 1UP FM, GFW Radio and 1UP Yours. Get your P2P on.

The news hit on 1/06/2009 that 1UP.com, MyCheats.com, GameTab.com and GameVideos.com would be sold to UGO.com. EGM has been closed. Many people on the 1UP staff lost their jobs. The 1UP Show is now canceled with the 1UP podcasts (including 1UP FM and the Backlog) likely to follow suit. This news immediately had a profound effect on gamers, not to mention the whole of games journalism. I turned to Twitter just after word of the acquisition hit my RSS feed and watched as the many reactions from both 1UP staffers and other games journalists poured in. I’ve compiled the reactions here in this video: