Ziff Davis Reports Q4/Yearly Profits, Game Group Loss

Ziff Davis Media, owner of game magazines Electronic Gaming Monthly and Games For Windows and the game website, has announced its fourth quarter and year end financial results, showing a 70 percent rise in profits despite a continuing loss for the Game Group.

The company's fourth quarter profits climbed to $14.3 million, a 70 percent increase over the $8.4 million reported during the same period last year. This growth was largely attributed to the company's digital businesses, which saw a substantial 144 percent increase in profit over the prior year's quarter.

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