Ziff Davis launches Chinese edition of "PC Mag" and white paper library service.Ziff Davis Media (Ziff Davis Media Inc., New York, www.ziffdavis.com) A leading integrated media company that serves the computer, videogame and consumer lifestyle markets. Its offerings include PC Magazine and the PCMag.com Network, which includes PCMag.com, ExtremeTech. (New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ) has formed a joint venture with SEEC SEEC Sociedad Española de Estudios Clásicos (Spanish Society for Classical Studies) SEEC Stop Experimentation on & Exploitation of Chimpanzees SEEC Supported Employment Enterprise Corporation SEEC Synthesis Engineering Education Coalition Media Group Ltd. (Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. ), an investment holding company with several wholly and partly owned subsidiaries based in the People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China, to launch a Chinese edition of "PC Magazine." The 160-page debut premier issue is already available. The title will publish monthly and has the same mission as its U.S. counterpart, that is, to help professionals "make educated and effective technology purchasing decisions." The new edition covers all major product areas and topics, including desktop and motebook computers, printers, network equipment and servers, PDAs, cell phones, MP3 players and digital cameras. The joint venture will also establish related online properties and marketing capabilities, including live and online events. The two companies may also determine to launch Chinese editions of additional Ziff Davis Ziff Davis Inc. (ZD) is an American magazine publisher and Internet Information company. It was founded in 1927 in Chicago by William B. Ziff, Sr. and Bernard G. Davis. Throughout most of its history, it was a publisher of hobbyist magazines, often ones devoted to expensive, magazines and services in the future. ZD Media chairman/ceo Robert Callahan said that Ziff Davis "searched for over a year for the ideal partner" to launch the Chinese edition of "PC Magazine." Also, Ziff Davis has launched a white paper library service designed to assist professional technology buyers identify, research and make informed technology buying decisions. Hosted on the Ziff Davis Web Buyer's Guide, the library will serve as a repository for all vendor white papers included within a list of over 500 vertical IT topics. Finally, Ziff Davis had third quarter revenue of $41.8 million, a decrease of 9.4% from 2004 third quarter revenue of $46.2 million. The company had a loss from operations of $3.5 million and spent $28.9 million on interest expenses for a total third quarter loss of $32.4 million compared to a loss of $22.2 million in the period last year. For the first nine months of this year, Ziff Davis had a total loss of $88.2 million, including $81.3 million in interest payments, on revenue of $129.9 million. For the first nine months of 2004, Ziff Davis had an operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. of $1.2 million with interest expenses of $68.3 million, for a total loss of $67.1 million on revenues of $139,3 million. |
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