Thursday, March 06, 2008
Ziff-Davis Declares BankruptcyThe Microsoft of high tech publishing has fallen as far as you can go down: into bankruptcy. In the 90's, Ziff Davis was huge - 300 page issues of PC Magazine, dozens of titles, conferences -- they had it all.
But, then came the dot com crash, and a few years later the web started eroding print revenues as consumers stopped wanted to pay for magazines if they could read the content for free.
ZD couldn't stay ahead of the diggs and TechCrunches and slashdots who blogged faster and wrote smarter about tech.
The lesson here is that even seemingly untouchable companies can fall if they don't adapt or if new technologies make them largely obsolete. Are you listening Google?
By John Gartner at 08:30 PM | Comments (0)