Today we are saddened to hear game video site, GameTrailers has shutdown. There were Statements posted to Twitter and Facebook this afternoon stated that the 13-year-old site “is closing down today.” The site seemed to be doing fine since they were doing there regular thing everyday up until now.
This is what they have posted on Facebook:

After 13 years, GameTrailers is closing down today.
When GameTrailers was founded in 2002, internet video was a revolutionary concept. YouTube wouldn’t be founded for another three years; consumer live streaming was nine years away. Back then, online game journalism was still dominated by text articles and static imagery. The most prestigious coverage still happened in print. If you wanted to watch a show about video games, you had to watch it on a special TV station that had 10 shows.
GameTrailers helped change all that. Today, game journalism is dominated by video: trailers, live gameplay, Let’s Plays, and news shows. Now there are millions of hours of content available at any time on your PC, your game console, your TV, and your phone.
We’re proud we helped bring this world into being. That is the legacy of GameTrailers. We’re grateful to all of our fans who helped make us successful. Thank you for your continued support over the years. It has been an adventure.

GameTrailers was purchased by Defy Media in the middle of 2014.  The company then imposed layoffs, with more taking place last year. Defy Media is also publisher of The Escapist, and many more.