IGN is currently running with a rumor that the long-running, internally published magazine Nintendo Power may be ceasing operations within the year. The site's sources tell them that "mass layoffs are underway and that employees are being told to look for new work by September."

IGN's Matt Cassamassina speculates that the magazine may be shutting down due to the company's recently discussed relocation of certain operations outside of Seattle and competition from other publications.

The officially sanctioned Nintendo magazine saw its first issue go out to the NES faithful in the summer of 1988. I was one of the original subscribers and pored over that issue with the obsessively nerdy intensity only a preteen Nintendo fanboy can. Michael McWhertor

Rumor: Nintendo Power Shutting Down [IGN]

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