EGM, 1UP Publisher Ziff Davis Files for Bankruptcy

by Nick Breckon, Mar 05, 2008 4:31pm PST

Related Topics – Games for Windows, Bankruptcy, Ziff Davis Media

Publishing house Ziff Davis Media announced today that it has filed for Chapter 11 bankruptcy due to mounting debt that now totals between $500 million and $1 billion.

Ziff Davis is the publisher of such well-known gaming standards as 1UP.com, Electronic Gaming Monthly, Games for Windows, and PC Magazine.

If approved by the court, the company will be tasked with restructuring its finances. An ad hoc noteholder group is planning to pay up to $24.5 million to keep Ziff Davis afloat during the Chapter 11 case.

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By: ease one x Show Full Post

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I blame Piracy.

Mar 05, 2008 5:34pm PST

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I blame Piracy. : ease one
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  By: edgewise x Show Full Post
  
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  I download a pdf of PC gamer every month and print it out on my inkjet. Sure it's more expensive that way, but I feel like I'm getting it for free!
  
  Mar 05, 2008 10:46pm PST
  
  I download a pdf of PC gamer every month and print it out on my inkjet. Sure it's more expensive that way... : edgewise

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