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Davis Ziff Publishing history
Davis Ziff Publishing company history timeline
In 1969 Ziff formed the Ziff Communications Company and made Ziff-Davis one of its divisions.
1980: Database publisher Information Access Company (IAC) is acquired.
By 1984, many of these magazines were the circulation and/or revenue leaders in their respective markets.
Ziff had acquired Government Computer News in 1986 and invested heavily in it, but finally surrendered to IDG and its competitive title when it sold the magazine to Cahners Publishing.
By 1991, PC Magazine boasted a circulation of more than 800,000, more than $160 million in advertising revenue, and a ranking as the tenth largest United States magazine.
First, to lessen reliance on the United States market, Ziff launched an ambitious line of European computer magazines early in 1991.
1993: Ziff, Jr., retires; Eric Hippeau takes over as chairman.
1994--96: The Forstmann Little Interregnum
Operating earnings increased to $190 million in 1995 from the $140 million figure of the previous year.
Softbank, which had purchased Ziff-Davis Exhibitors after having lost out to Forstmann Little in the bidding for Ziff-Davis Publishing, came forward in late 1995 with an offer that was too rich for Forstmann Little to pass up.
1996: Ziff-Davis Publishing is sold to Softbank.
During 1998 Ziff-Davis's magazine operations suffered from a combination of factors that cut into ad revenues: fewer new computer product introductions, computer industry consolidation, and the Asian economic crisis which dampened computer sales in that region.
Like most early Internet ventures, ZDNet was in the red, but its net loss narrowed in 1998 to $7.8 million, compared to $21.2 million the previous year.
1998: Softbank takes company public as Ziff-Davis Inc.; ZDTV cable channel is launched.
In January 2000 ZDTV was sold to Vulcan Ventures, Inc.
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