Ziff Davis Media Files for Bankruptcy

(image cred)

The publisher of PC magazine, the 1Up video-game network of sites and producer of the popular Digital Life consumer tech show has filed for Chapter 11 bankruptcy.

According to Bloomberg, it’s not game over: “Ziff Davis Media said it plans to emerge from bankruptcy protection this summer. [CEO Jason] Young said in an interview that advertising pages at the company’s technology magazines have decreased dramatically since a leveraged buyout by Willis Stein in April 2000.”

Create a social media strategy, launch your campaign, and track the results in our Social Media Marketing Boot Camp starting February 16. The online event and workshop will feature speakers including The Onion‘s Baratunde Thurston (left), Facebook’s Morin Oluwole, and bitly’s Tim Devane. Register now.