Ziff Davis Media, Inc. operates as a multimedia content company whose principal business is publishing. It publishes and licenses magazines; provides editorial content about technology and the Internet, both in print and online; and produces seminars and Webcasts. It is a wholly owned subsidiary of Ziff Davis Holdings, Inc. Its operations are classified into two segments: Established Businesses and Developing Businesses. The Established Businesses segment is engaged in publishing magazines with editorial content about technology and the Internet. In addition to publishing 9 magazines in the United States, this segment also licenses its content and brands to 33 licensees in approximately 70 countries worldwide. The Developing Businesses segment comprises its LaunchCo and InternetCo subsidiaries. This segment is focused on developing new businesses, including publications, testing services, and research; and Internet-related ventures. On March 5, 2008, Ziff Davis Media Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York, Manhattan.