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Yo East Coast, where you at?

Hello, fellow D-toiders, my name is Andrew and I reside in New York City. It has been such an amazing experience being a part of this wonderful community. From my activities as a host of the Friday Night Fight events to becoming one of the community members responsible for handling the Destructoid NY group, coordinating East Coast meetups to helping the PAX meetup group, I have loved every minute of my time spent with this community.

Please hang out with other Dtoid members whether it would on the main site chat to your local Dtoid group. It can be life changing, trust me on that.

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Sad Day: Ziff Davis files for Chapter 11
power-glove | 4:21 PM on 03.05.2008 9 comments


The media group responsible for the 1up Network, Electronic Gaming Monthly, Games for Windows magazine, Ziff Davis has filed for chapter 11, according to foliomag. According to the article, Ziff-Davis is currently 400 million dollars in debt. I really hope for the best for the people at that company. There are some fine writers that work there and without them we would not get gold like this:


Good luck to the employees at the 1up Network on their road to recovery.



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8 comments | showing # 1 to 8
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razerangel's Avatar - Comment posted on 03/05/2008 16:47
razerangel
I don't think its them saying ok we give up. It them saying oh dude we gots some mad debtz! They seem to be trying to reduced and/or restructure this debt so it may involve lay offs but not the entire company being shut down. Hopefully not too many people will have to leave its a great network :(!
blehman's Avatar - Comment posted on 03/05/2008 16:49
blehman
Today must be the saddest day EVAR. :(
power-glove's Avatar - Comment posted on 03/05/2008 16:50
power-glove
Yeah, I know it's not the end of the company but this type of news is definitely not good
king3vbo's Avatar - Comment posted on 03/05/2008 16:56
king3vbo
Its part of their restructuring precess they are going through, so its not like they are dissapearing. Its bad news though, I love the Ziff Davis group. They've given us 1UP YOURS and the amazing Shawn Elliot... and cant forget EGM, the only good game magazine left.
ArrestedDeveloper's Avatar - Comment posted on 03/05/2008 17:33
ArrestedDeveloper
I hope the podcasts aren't affected. If so let it be shane.
Red TheHaze Veron's Avatar - Comment posted on 03/05/2008 19:17
Red TheHaze Veron
JUST PLEASE TAKE GAMEINFORMER INSTEAD!!! WHY GOD??!!??!
Brian Szabelski's Avatar - Comment posted on 03/05/2008 20:15
Brian Szabelski
It's not the end for ZD. They're basically just reorganizing to get out of debt.
power-glove's Avatar - Comment posted on 03/05/2008 20:41
power-glove
Nihon, I know that.
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