Ziff Davis files for bankruptcy
Mar 15th
This post was published 1 year 8 months 16 days ago which may make its actuality or expire date not be valid anymore. This site is not responsible for any misunderstanding.
Ziff Davis Media Inc. filed for bankruptcy this week, citing a decrease in revenue from print advertising and subscriptions as the main reasons. The company published PC Magazine and Electronic Gaming Monthly, among other technology and video game magazines.
To view a facsimile of the filing documents, go here: http://www.scribd.com/doc/2225960/Ziff-Davis-Bankruptcy-Filing
The Debtors’ highly leveraged capital structure prevented them from developing sufficient Internet publications in a timely manner to satisfy their subscribers’ demands.
Clearly, there is a lesson here for all print publications.
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