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Technology Stocks : Walt Disney -- Ignore unavailable to you. Want to Upgrade?

To: Pat Garaffa who wrote (618)	6/11/1998 9:35:00 AM
From: Dorine Essey	Respond to of 2222

ZIFF-DAVIS BUYS DISNEY'S 50 PCT STAKE IN June 11, 1998 08:51 AM Ziff-Davis Buys Disney's Interest in FamilyPC June 11, 1998 09:14 AM NEW YORK, June 11 /PRNewswire/ -- Ziff-Davis ZD and Buena Vista Magazines, the magazine publishing arm of The Walt Disney Company DIS , today announced that Ziff-Davis has acquired Disney's 50% interest in FamilyPC, the premiere source for information on family computing and the Internet. Disney and Ziff-Davis launched the magazine in 1994 through a 50/50 partnership. "It was a terrific experience to work on the launch of FamilyPC with Disney," said Robin Raskin, the magazine's Editor-in-Chief and Publisher of FamilyPC, "but four years down the road, it's become clear that FamilyPC speaks best to knowledgeable and enthusiastic computer users. Ziff-Davis is the natural fit. That said, we're delighted to be continuing our participation with Disney in programs like Innoventions at Walt Disney World in Orlando." FamilyPC was recently named by AdWeek as one of the 10 Hot Up-and-Comers in its annual hottest magazine issue. The magazine's unique concept lets real people in real homes rate today's PC software, hardware and web sites. With an average issue audience of more than 1.35 million readers, the magazine will continue to be the most influential computer magazine for families. About FamilyPC and Ziff-Davis FamilyPC has a circulation of 400,000 and is the leading source of information and inspiration for the booming family computer market. Ziff-Davis ZD is a leading integrated media and marketing company focused on computing and Internet-related technology, with principal platforms in print publishing, trade shows and conferences, online content, market research and education. The company provides global technology companies with marketing strategies for reaching key decision-makers. About Buena Vista Magazines, Inc. Buena Vista magazines is part of Buena Vista Publishing, the publishing arm of The Walt Disney Company. SOURCE Ziff-Davis Top Terms of Use, and Privacy Policy. c 1996-98 Microsoft Corporation and/or its suppliers. All rights reserved. c 1998 PR Newswire. All rights reserved. ALERT FAMILYPC REUTERS