NEW YORK — Closely held Ziff Davis Media Inc. suspended operations of Zcast.tv, its streaming-news Web site, citing poor market conditions and uncertainty surrounding the future of streaming video and audio acceptance.
Zcast.tv, which launched in January on a trial basis, broadcast streaming technology news clips over the Web. The site employed seven people, six of whom will be laid off, according to a company spokeswoman.
Editor in chief John Dodge will remain with the company. In a separate development, Ziff Davis said that it will cease publication of Family PC Magazine.
“In this economy, you need to focus on the products that are the most viable currently and in the future,” the spokeswoman said. “To be prudent and smart we had to prune products that were not meeting financial requirements.”
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