Ziff Davis, Inc. is an American digital media and internet company. First founded in 1927 by William Bernard Ziff Sr. and Bernard George Davis, the company primarily owns technology- and health-oriented media websites, online shopping-related services, internet connectivity services, gaming and entertainment brands, and cybersecurity and martech tools. Previously the company was predominantly a publisher of hobbyist magazines.
History
The company was founded by William B. Ziff Company publisher Bill Ziff Sr. with Bernard Davis. Upon Bill Ziff's death in 1953, William B. Ziff Jr., his son, returned from Germany to lead the company. In 1958, Bernard Davis sold Ziff Jr. his share of Ziff Davis to found Davis Publications, Inc.; Ziff Davis continued to use the Davis surname as Ziff-Davis.
Throughout most of Ziff Davis' history, it was a publisher of hobbyist magazines, often ones devoted to expensive, advertiser-rich technical hobbies such as cars, photography, and electronics. Since 1980, Ziff Davis has primarily published computer-related magazines and related websites, establishing Ziff Davis as an Internet information company.
Ziff Davis had several broadcasting properties, first during the mid-1970s, and later with its own technology network ZDTV, later renamed to TechTV, that was sold to Vulcan Ventures in 2001. Ziff Davis' magazine publishing and Internet operations offices are based in New York City, Massachusetts, and San Francisco.
On January 6, 2009, the company sold 1UP.com to Hearst's UGO Entertainment, a division of and announced the January 2009 issue of the long-running Electronic Gaming Monthly magazine would be its last.
Former Time Inc. executive Vivek R. Shah, with financial backing from Boston private equity company Great Hill Partners, announced on June 4, 2010, the acquisition of Ziff Davis Inc. as the "first step in building a new digital media company that specializes in producing and distributing content for consumers making important buying decisions."
On November 12, 2012, Ziff Davis Inc., was acquired by cloud computing services company J2 Global for $167 million cash. According to an October 2015 Fortune article, Ziff Davis comprises 30% of parent company J2 Global's $600 million annual revenue (2014) and is increasing 15% to 20% each year. Analyst Gregory Burns of Sidoti & Company calculates that Ziff Davis is worth $1.9 billion.
In April 2021, J2 Global announced that it would spin off its cloud services business as Consensus; the transaction was approved by its shareholders in September 2021, with J2 Global consisting primarily of its media business and VPN services, and subsequently taking on the Ziff Davis, Inc. name and "ZD" ticker symbol, essentially converting the Ziff Davis purchase into a reverse merger.
Popular Aviation
The William B. Ziff Company, founded in 1920, was a successful Chicago advertising agency that secured advertising from national companies such as Procter & Gamble for virtually all African American weekly newspapers. In 1923, Ziff acquired E. C. Auld Company, a Chicago publishing house. Ziff's first venture in magazine publishing was Ziff's Magazine, which featured short stories, one-act plays, humorous verse, and jokes. The title was changed to America's Humor in April 1926.
Bernard George Davis was the student editor of the University of Pittsburgh's humor magazine, the Pitt Panther, and was active in the Association of College Comics of the East. During his senior year he attended the association's convention and met William B. Ziff. When Davis graduated in 1927 he joined Ziff as the editor of America's Humor.
Ziff, who had been an aviator in World War I, created Popular Aviation in August 1927 that was published by Popular Aviation Publishing Company of Chicago, Illinois. Under editor Harley W. Mitchell it became the largest aviation magazine, with a circulation of 100,000 in 1929. The magazine's title became Aeronautics in June 1929 and the publishing company's name became Aeronautical Publications, Inc. The title was changed back to Popular Aviation in July 1930. The magazine became Flying in 1942 and is still published today by the Bonnier Corporation. The magazine celebrated its 90th anniversary in 2017.