Ziff Davis, owner of
PC Magazine and
Computer Gaming World, could sell itself for more than $300 million, reports Bloomberg News. The publishing company has shifted its focus toward Web
sites and technology enthusiast events after the Internet cut into readership levels and advertising, effectively lowering its value. In 2000, it was bought by principal owner Willis Stein & Partners
for $780 million. "We've become experts at saying that we'll move online if print isn't working," says Samir Husni, a magazine expert who heads the journalism department at the University of
Mississippi. "A common excuse is to move a publication online, but if it can't work both ways, forget about it."
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