Ziff Davis files for bankruptcy

Ziff Davis Media has filed for Chapter 11 bankruptsy this week, leaving many wondering how this will affect the podcasts they produce. ZD’s popular lineup of podcasts includes DL.TV, Cranky Geeks and ExtremeTech. No information has been released as to the fate of their online content, but I will keep you posted as more info comes to hand.

The reason for their financial problems is said to be a drop in print magazine subscriptions, so it would seem likely they would want to strengthen their online presence if anything. ZD hopes to emerge stronger later this year after restructuring the business.

More info: Joystiq | Bloomberg

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