Ziff Davis Bankruptcy A Warning To Other Media Organizations
Mar 6th, 2008 | By James Lewin | Category: GeneralTech publisher Ziff Davis Media filed for bankruptcy on Wednesday, citing a decrease in revenue from print advertising and subscriptions as contributing to its decline.
The company, which publishes PC Magazine, Electronic Gaming Monthly and a variety of web sites, has half a billion dollars in debt, but only $313 million in assets.
The company’s troubles are [...]