Ziff Davis Enterprise is fine — it’s Ziff Davis Media that’s gone Chapter 11
I can only imagine the headache that Ziff Davis Media’s announcement of bankruptcy is causing for Ziff Davis Enterprise — an entirely different company.
Ziff Davis Media, whose bankruptcy I noted last week, publishes PC Magazine and several other magazines and Web sites. Ziff Davis Media is a subsidiary of Ziff Davis Publishing Holdings, which put Ziff Davis Media into bankruptcy to dump debt.
Ziff Davis Enterprise, which publishes eWeek, Baseline and a whole bunch of other magazines and Web sites, is not bankrupt. This company is not related to Ziff Davis Media, and is owned by Insight Venture Partners.
Confused? A lot of people probably are. That’s why Steve Weitzner, CEO of Ziff Davis Enterprise, put out a clarification about this last week. I don’t blame him!