−Removed: Ziff Davis, Inc., together with its subsidiaries (“Ziff Davis”, the “Company”, “our”, “us”, or “we”), is a vertically focused digital media and internet company whose portfolio includes leading brands in technology, shopping, gaming and entertainment, connectivity, health, cybersecurity, and martech.
−Removed: Our Digital Media business specializes in the technology, shopping, gaming and entertainment, connectivity, and healthcare markets, offering content, tools, and services to consumers and businesses.
−Removed: Our Cybersecurity and Martech business provides cloud-based subscription services to consumers and businesses including cybersecurity, privacy, and marketing technology.
−Removed: Our Digital Media business generates revenues from advertising and sponsorships, subscriptions, performance marketing, and licensing fees.
−Removed: This business also generates revenues from the sale of display and video advertising;
−Removed: customer clicks to online merchants, and commissions on sales attributed to clicks to online merchants;
−Removed: the sale of content, including advertising, data, and lead generation information to clients;
−Removed: and the sale of subscription services to consumers and businesses.
−Removed: Our Cybersecurity and Martech business generates revenues primarily from customer subscription and usage fees.
−Removed: Our consolidated revenues are currently generated primarily from two basic business models, each with a different financial profile and variability.
−Removed: Our Digital Media business is driven primarily by advertising revenues, has relatively higher sales and marketing expenses, and has seasonal strength in the fourth quarter.
−Removed: Our Cybersecurity and Martech business is driven by subscription revenues (including usage fees), with relatively stable and predictable margins from quarter to quarter.
−Removed: We continue to pursue additional acquisitions, which may include companies operating under business models that differ from those we operate under today.
−Removed: Such acquisitions could impact our consolidated profit margins and the variability of our revenues.
−Removed: Ziff Davis was incorporated in 2014 as a Delaware corporation through the creation of a holding company structure.
−Removed: Our Cybersecurity and Martech business is operated by our wholly owned subsidiary J2 Global Ventures, LLC.
−Removed: Prior to the spin-off of Consensus Cloud Solutions, Inc.
−Removed: (“Consensus”), our Cybersecurity and Martech business was operated by our former wholly owned subsidiary J2 Cloud Services, LLC, which was founded in 1995, and subsidiaries of J2 Cloud Services, LLC.
−Removed: On October 7, 2021 (the “Distribution Date”), the Company completed the separation (the “Separation”) of its cloud fax business into Consensus, an independent publicly traded company, and the Company transferred J2 Cloud Services, LLC to Consensus who in turn transferred non-fax assets and liabilities back to Ziff Davis, such that Consensus was left with the cloud fax business.
−Removed: In connection with the Separation, we changed our name to Ziff Davis, Inc.
−Removed: from J2 Global, Inc.
−Removed: (for certain events prior to October 7, 2021, the Company may be referred to as J2 Global).
−Removed: The Separation was achieved through the Company’s distribution of 80.1% of the shares of Consensus common stock to holders of Company common stock as of the close of business on October 1, 2021, the record date for the distribution.
−Removed: Mergers and Acquisitions
+Added: Ziff Davis, Inc., together with its subsidiaries (“Ziff Davis”, the “Company”, “our”, “us”, or “we”), is a vertically focused digital media and internet company whose portfolio includes leading brands in technology, shopping, gaming and entertainment, health and wellness, connectivity, cybersecurity, and martech.
+Added: Our digital media businesses specialize in publishing and producing trusted editorial content and tools for users seeking information and advice relating to the technology, shopping, gaming and entertainment, and health and wellness markets, and offer services to consumers and businesses.
+Added: Our connectivity business develops actionable broadband network intelligence and insights through data collection and analysis, and delivers products and services that facilitate improvements in network performance to enterprises that provide or rely on broadband networks, including through the provision of hardware and software used for planning and assessing the performance of wi-fi networks.
+Added: Our cybersecurity and marketing technology business provides internet-delivered cloud-based subscription and licensed services to consumers and businesses including cybersecurity, privacy, and digital marketing tools.
+Added: Our Growth Strategy
In addition to growing our business organically, we regularly acquire businesses to grow our customer bases, expand and diversify our service offerings, enhance our technologies, acquire skilled personnel, and enter into new markets.
Our programmatic approach to mergers and acquisitions (“M&A”) is a tenet of our capital allocation strategy, which seeks to optimize the allocation of our investable capital, including the free cash flow generated by our businesses, to M&A, share repurchases, and the strengthening of our balance sheet.
−Removed: From 2012 through 2023, we have deployed approximately $3.0 billion on more than 80 acquisitions across the globe in a variety of verticals within the internet and software categories (exclusive of any acquisitions that were part of businesses we have since divested).
+Added: From 2012 through 2024, we have deployed approximately $3.3 billion on more than 90 acquisitions across the globe in a variety of verticals (exclusive of any acquisitions that were part of businesses we have since divested).
Our systemic and repeatable M&A process allows us to execute a large volume of M&A with velocity and conviction.
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While we take a disciplined approach to the evaluation of M&A, we have significant flexibility when it comes to the types of transactions we are capable of evaluating and executing.
−Removed: Since 2010, we have acquired venture-backed growth companies, distressed businesses, complex corporate carve-outs, founder-owned businesses, public companies, and private equity-backed businesses.
+Added: We have acquired venture-backed growth companies, distressed businesses, complex corporate carve-outs, founder-owned businesses, public companies, and private equity-backed businesses.
We also have a multi-faceted approach to transaction sourcing that ranges from participation in sell-side auctions led by investment banks to the sourcing of proprietary transactions through our executive network.
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Platform acquisitions are businesses at scale that can stand on their own within Ziff Davis and which we believe have the potential to serve as a platform for future M&A.
−Removed: Since 2012, the majority of our acquisitions by deal count have been tuck-ins.
+Added: Since 2012, the majority of our acquisitions by deal count
+Added: have been tuck-ins.
However, over the same period of time, the capital allocated to tuck-ins versus platform acquisitions has been more evenly balanced.
−Removed: Digital Media
−Removed: Our Digital Media business operates a portfolio of web properties and apps, which includes IGN, RetailMeNot, Mashable, PCMag, Humble Bundle, Speedtest, Offers.com, Black Friday, Medpage Today, Everyday Health, BabyCenter, and What to Expect , among others.
−Removed: Our properties provide trusted reviews of technology, shopping, gaming, and entertainment products and services;
−Removed: news and commentary related to their vertical markets;
−Removed: professional networking tools, targeted emails, and white papers for IT professionals;
−Removed: speed testing and the related data for internet and mobile network connections;
−Removed: online deals and discounts for consumers;
−Removed: news, interactive tools, and mobile applications that enable consumers to manage a broad array of health and wellness needs on a daily basis, including medical conditions, pregnancy, diet, and fitness;
−Removed: and news, tools, and information for healthcare professionals to stay abreast of industry, legislative, regulatory, and continuing education developments across major medical specialties.
−Removed: Our Digital Media business generates revenues from advertising, subscription and licensing, and other sources, as described below.
−Removed: Advertising - We sell online display and video advertising on our owned-and-operated web properties and on third-party sites, as well as email marketing for the products of advertisers.
+Added: We continue to pursue additional acquisitions, which may include companies operating in lines of business that differ from those we operate under today.
+Added: Such acquisitions could impact our consolidated profit margins and the variability of our revenues.
+Added: Our consolidated revenues are currently generated primarily from five lines of business:
+Added: (1) Technology & Shopping, (2) Gaming & Entertainment, (3) Health & Wellness, (collectively, our “Digital Media Businesses”), (4) Connectivity, and (5) Cybersecurity & Martech.
+Added: Our Digital Media Businesses are driven primarily by advertising and performance marketing revenues and have relatively higher sales and marketing expenses.
+Added: Our Connectivity and Cybersecurity & Martech businesses are driven primarily by subscription and licensing revenues with relatively stable and predictable margins from quarter to quarter.
+Added: The primary types of revenues that we generate are described below.
+Added: Advertising and Performance Marketing - We sell online display and video advertising on our owned-and-operated websites and applications and on third-party sites.
We have contractual arrangements with advertisers either directly or through agencies.
The terms of these contracts specify the price of the advertising to be sold and the volume of advertisements that will be served over the course of a campaign.
−Removed: Additionally, we have contractual arrangements with certain third-party websites not owned by us, and third-party advertising networks to deliver online display and video advertising to their websites or to third-party sites.
−Removed: We generate leads for vendors of consumer health and wellness products and consumer packaged goods through online user registration.
−Removed: We also generate business-to-business leads for IT vendors through the marketing of content, including white papers and webinars, and offer additional lead qualification and nurturing services.
−Removed: On the consumer side, we generate clicks to online merchants by promoting deals and discounts on our web properties.
−Removed: Subscription and Licensing - We primarily offer subscription and licensing services to businesses for Speedtest Intelligence , which offers up-to-date insights into global fixed broadband and mobile performance data, as well as monthly subscription packages to consumers through the Lose It!
−Removed: weight loss app and through Humble Bundle .
−Removed: We generate revenue from the sale of perpetual software licenses, related software support, and maintenance used in conjunction with the software and other related services.
+Added: Additionally, we have contractual arrangements with certain third-party websites and applications not owned by us, and third-party advertising networks to deliver online display and video advertising to their websites and applications or to third-party sites.
+Added: We generate leads for advertisers, including vendors of consumer health and wellness products, consumer packaged goods, and information technology services, through various marketing methods.
+Added: We also generate clicks to online merchants by listing products, deals, and discounts on our web properties, and earn a commission when customers “click-through” the ad to make a purchase.
+Added: Subscription and Licensing - We provide cloud-based subscription services and generate “fixed” subscription revenues for customer subscriptions and, to a lesser extent, “variable” usage revenues generated from actual usage by our subscribers.
+Added: We offer subscription and licensing services to businesses, which offer up-to-date insights into global fixed broadband and mobile performance data, and we offer subscription packages to consumers through the Lose It!
+Added: weight loss app and through Humble Bundle’s digital subscriptions and storefront for video games, ebooks, and software.
+Added: We also generate revenue from the sale of perpetual software licenses, related software support, and maintenance used in conjunction with software and other related services.
We license our proprietary technology, data, and intellectual property to third parties for various purposes.
−Removed: For instance, we license the right to use PCMag’s “Editors’ Choice” logo and other copyrighted editorial content to businesses whose products have earned such distinction.
Other - Other revenues primarily include those from the sale of hardware used in conjunction with software, online course revenue, and game publishing revenue.
−Removed: We believe competitive factors relating to attracting and retaining users include the ability to provide premium and exclusive content and the reach, effectiveness, and efficiency of our marketing services to attract consumers, advertisers, healthcare professionals, and publishers.
−Removed: Our Digital Media properties and services include the following five primary platforms:
−Removed: (1) technology, (2) shopping, (3) gaming and entertainment, (4) connectivity, and (5) health and wellness.
−Removed: We continue to seek opportunities to acquire additional web properties, both within and outside of these platforms, with the goal of monetizing their audiences and content through application of our proprietary technologies and insight.
+Added: Technology & Shopping
Our technology platform includes online publishers, as well as tools and services tailored to consumers, professionals, and organizations looking for technological expertise, authoritativeness, and trustworthiness.
−Removed: We expect our brands to deliver deeply researched, current, and authentic content, data, and services related to technology, culture, and the internet.
−Removed: Our technology brands include PCMag (which celebrated its 41 st anniversary in 2023), Mashable, and Spiceworks Ziff Davis.
−Removed: Our publishing brands (including PCMag ) are an online resource for laboratory-based product reviews, technology news, buying guides, and research papers.
−Removed: We also operate one of the longest-running independent testing facilities for consumer technology products.
+Added: We expect our brands to deliver deeply researched, current, and authentic content related to technology, culture, and the internet.
+Added: Our technology brands include CNET , PCMag , Mashable, Lifehacker, Spiceworks, and ZDNET.
+Added: Our publishing brands (including CNET and PCMag ) are online resources for laboratory-based product reviews, technology news, buying guides, and research papers.
+Added: We operate one of the longest-running independent testing facilities for consumer technology products.
Founded in 1984, our lab produces unbiased technology product and service reviews, and P CMag ’s “Editor’s Choice” award is recognized globally as a trusted mark for buyers and sellers of technology products and services.
−Removed: Our publishing sites are also recognized as trusted global sources of stories for more than a dozen platforms, including Instagram, X (formerly known as Twitter), and Facebook.
−Removed: We also provide digital content for buyers of IT products and services, allowing IT vendors to identify, reach, and influence corporate IT decision makers who are actively researching specific IT purchases.
+Added: Our technology publishing sites are also recognized as trusted global sources of stories for more than a dozen platforms, including Instagram, X (formerly known as Twitter), and Facebook.
+Added: CNET is a trusted digital media publication that provides expert information, hands-on lab testing, reviews and analysis on consumer technologies, services and trends, to help customers find exactly what they are looking for.
+Added: For nearly 30 years, CNET has covered a wide range of topics, including consumer electronics, smart home, money, wellness, and more.
+Added: PCMag.com is a leading authority on technology, delivering lab-based, independent reviews of the latest products and services.
+Added: For over 40 years, its expert analysis and practical solutions have helped consumers make better buying decisions and get more from technology.
Mashable is a trusted global media brand publishing premium content for individuals interested in technology and culture.
−Removed: Mashable produces stories for more than a dozen platforms, including Snapchat, X (formerly known as Twitter), and Facebook.
−Removed: Spiceworks Ziff Davis provides digital content for buyers of IT products and services, allowing IT vendors to identify, reach, and influence corporate IT decision makers who are actively researching specific IT purchases.
−Removed: Our shopping properties include RetailMeNot , Offers.com, and a collection of event-based commerce sites that seek to influence online purchasing decisions across an array of categories.
+Added: Mashable produces stories for more than a dozen platforms, including Snapchat, X, and Facebook.
+Added: Since 2005, Lifehacker has been a go-to source for tech help and life advice.
+Added: Its mission is to offer reliable tech help and credible, practical, science-based life advice to help people live better.
+Added: Spiceworks provides digital content for buyers of IT products and services, allowing IT vendors to identify, reach, and influence corporate IT decision makers who are actively researching specific IT purchases.
+Added: ZDNET is a leading tech brand for professionals, covering the innovations, trends, and products that are shaping today and tomorrow.
+Added: With pragmatic wisdom and real-world experience, ZDNET connects business audiences to a better future by turning disruption and confusion into opportunity.
+Added: The properties in our shopping platform seek to influence customer purchase decisions through the provision of authoritative content relating to products and services, as well as the presentation of savings and discount opportunities for consumer shopping audiences.
+Added: We also facilitate gift card processing, program management, and marketing programs specifically tailored to meet the needs of high-growth online and app-based brands.
Our flagship savings destination, RetailMeNot, seeks to influence consumer purchase decisions through savings and discount opportunities by connecting retail partners with national and international brands with consumer shopping audiences.
RetailMeNot ’s promotional media solutions include mobile coupons and codes, and cash back offers across web, app, and browser extensions.
−Removed: Offers.com is a coupons and deals website featuring offers from more than 25,000 of the internet’s more popular stores and brands.
+Added: Offers.com is a coupon and deals website featuring offers from more than 25,000 of the internet’s most popular stores and brands.
Offers.com ’s objective is to help consumers find the best deals on the web.
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Our event-based properties, BlackFriday.com, TheBlackFriday.com, BestBlackFriday.com, and DealsofAmerica.com are resources for shoppers to find the best deals and offers from retailers during the height of the holiday shopping season.
−Removed: Gaming and Entertainment
−Removed: Our gaming properties include IGN Entertainment and Humble Bundle .
−Removed: IGN Entertainment is an internet media brand focused on the video game and entertainment enthusiast markets.
−Removed: IGN reaches more than 325 million monthly users across 35 platforms and is followed by more than 50 million social and YouTube followers.
−Removed: Our Humble Bundle business is a digital subscription and storefront for video games, ebooks, and software.
−Removed: Customers purchase monthly subscriptions, product bundles, and individual products through our website.
−Removed: Revenue is also generated from the direct sale and distribution of video games in which Humble Bundle is the publisher.
−Removed: In addition, raising money for charity is a core mission for Humble Bundle .
−Removed: Each product sale transaction at Humble Bundle results in a charitable contribution.
−Removed: Several of our data and services businesses sit at the center of the broadband economy and are some of the most popular sources of information on internet connectivity.
−Removed: Ookla provides customers with fixed broadband, mobile network, and Wi-Fi testing applications, analysis, and insights.
−Removed: Over eleven million tests are actively initiated by users each day across all of Ookla ’s platforms using Speedtest , with more than 50 billion tests completed to date.
−Removed: As a result of this capability and other solutions used to collect quality-of-experience data, Ookla provides comprehensive insights into worldwide internet performance and accessibility, through broadband, mobile, and Wi-Fi networks.
−Removed: Ookla solutions have been adopted by a significant number of internet service providers, mobile service providers, enterprise Wi-Fi systems integrators, and regulatory bodies worldwide.
−Removed: In addition to Speedtest , Ookla offers its customers actionable insights, solutions, and services under the Ekahau, Downdetector , and RootMetrics brands.
−Removed: Our Ekahau products and services provide business solutions to design, optimize, and manage Wi-Fi, Private 4G, and Private 5G networks using specially developed technology and software to meet the performance objectives of these networks.
−Removed: Downdetector offers real-time status information and tracks outages for services and digital products that consumers and businesses use every day.
−Removed: Downdetector aims to track any service that its users consider vital to their everyday lives, including (but not limited to) internet providers, applications, mobile service providers, airlines, banks, public transport systems, and other online services.
−Removed: RootMetrics is an industry leader in the provision of drive testing solutions and performance benchmarking of mobile service providers in the United States and the United Kingdom, providing actionable insights on the quality, reliability, and performance of voice, messaging, and data services.
−Removed: Health and Wellnes s
+Added: TDS Gift Cards helps clients provide a world-class omni-channel gift card or gift code program, which helps mitigate global payment challenges, drive incremental revenue, and increase customer acquisition.
+Added: Gaming & Entertainment
+Added: Our Gaming & Entertainment platform offers authoritative and engaging content covering video games, movies, anime, television, comics, technology, and more.
+Added: It includes game tips, reviews, and insights, as well as a digital storefront and subscription service for video games, ebooks, and software.
+Added: IGN Entertainment is one of the world’s largest gaming and entertainment media platforms and the go-to destination for fans to explore and celebrate games, movies, TV, comics, and much more.
+Added: Across its 16 digital properties, it reaches more than 440 million monthly users in over 100 countries and engages with 85 million fans on social media.
+Added: Its media portfolio includes favorites such as IGN , Eurogamer , Digital Foundry , Rock Paper Shotgun , and MapGenie , which serve as trusted services for millions of fans worldwide delivering daily content to more than 30 platforms, including YouTube, TikTok, X, Facebook, Instagram, and Snapchat, as well as connected TV platforms, such as Roku and Samsung.
+Added: Humble Bundle is a digital subscription and storefront offering video games, ebooks, and software, where customers can purchase monthly subscriptions, bundles, and individual products.
+Added: At its core, Humble Bundle is committed to raising money for charity, with a portion of every sale contributing to charitable causes.
+Added: Humble Bundle has been named to the 2024 Inc.
+Added: Magazine Best in Business list.
+Added: recognized Humble Bundle in three categories:
+Added: Small and Mighty (10–49 Employees), Established Excellence (5–14 years in business), and e-commerce.
+Added: Humble Bundle received two accolades from The Anthem Awards:
+Added: a Bronze Award in the Business Leader category and the Community Voice Award and has been recognized with three Silver awards at 2024 The Anthem Awards for its work supporting disaster and crisis relief.
+Added: Health & Wellness
Everyday Health Group (“EHG”) operates a portfolio of properties focused on driving better clinical and health outcomes through decision-making informed by highly relevant information, data, and analytics.
The EHG portfolio includes a collection of interactive tools and mobile applications that are designed to enable consumers to manage a broad array of health and wellness needs on a daily basis, including medical conditions, pregnancy, diet, and fitness.
−Removed: The EHG portfolio also includes educational and professional development services, news, and information for healthcare professionals to stay abreast of industry, legislative, regulatory, and continuing education developments across major medical specialties.
+Added: The EHG portfolio also includes educational and professional development services, news, and information for
+Added: healthcare professionals to stay abreast of industry, legislative, regulatory, and continuing education developments across major medical specialties and therapeutic areas.
EHG is organized around three audiences:
−Removed: (1) Health and Wellness Consumers, (2) Pregnancy & Parenting, and (3) Healthcare Professionals.
−Removed: Health and Wellness Consumers
−Removed: Consumer-focused properties include digital content and information services ranging from interactive guides, resource centers, special reports, community health tip sharing, newsletters, self-assessment tools, healthcare finders, e-courses, and lifestyle programs.
+Added: (1) Health & Wellness Consumer, (2) Health & Wellness Professional, and (3) Health & Wellness Pregnancy & Parenting.
+Added: Health & Wellness Consumer
+Added: Our Health & Wellness Consumer platform includes consumer-focused health and wellness properties that provide digital content and information ranging from interactive guides, resource centers, special reports, community health tip sharing, newsletters, self-assessment tools, healthcare finders, e-courses, and lifestyle programs.
Everyday Health , our flagship brand, features medically reviewed, award-winning editorial content designed to inspire and enable the active management of health and wellness daily.
−Removed: In addition to Everyday Health and other EHG -owned and operated consumer websites and applications, including DailyOM , Lose It!
−Removed: , Diabetes Daily, and Migraine Again , EHG provides advertisers access to the Everyday Health Trusted Care Access Portfolio (“TCAP”) of digital health properties.
+Added: In addition to Everyday Health and other EHG -owned and operated consumer websites and applications, including DailyOM , Lose It!, and Migraine Again , EHG provides advertisers access to the Everyday Health Trusted Care Access Portfolio (“TCAP”) of digital health properties.
TCAP features digital properties of two of the most world-renowned medical centers, to which Everyday Health holds exclusive advertising representation rights.
−Removed: Castle Connolly , a premier brand in healthcare provided research and rankings, publishes the renowned peer-reviewed Castle Connolly Top Doctors series.
−Removed: Pregnancy & Parenting
−Removed: EHG’s pregnancy and parenting properties support millions of families across 31 global websites and mobile apps in seven different languages.
−Removed: Our BabyCenter brand is a leading global digital pregnancy and parenting resource delivered via websites, mobile apps, and online communities.
−Removed: Our Emma’s Diary brand provides pregnant women and new parents with information and support in the United Kingdom.
−Removed: We also operate the digital properties for the What to Expect brand, a leading pregnancy and parenting media resource, based on the best-selling pregnancy book What to Expect When You’re Expecting by author Heidi Murkoff.
−Removed: Healthcare Professionals
−Removed: For healthcare professionals, we provide digital content that is designed to enable healthcare professionals to stay abreast of clinical, industry, legislative, and regulatory developments across most major medical specialties.
+Added: Castle Connolly , a premier brand in healthcare provided research and rankings, publishes the renowned, peer-nominated Castle Connolly Top Doctors series.
+Added: Health & Wellness Professional
+Added: Our Health & Wellness Professional platform provides health and wellness digital content that is designed to enable healthcare professionals to stay abreast of clinical, industry, legislative, employment, and regulatory developments across most major medical specialties and therapeutic areas.
Our flagship professional property, MedPage Today , delivers daily breaking medical news across major medical specialties and major public policy developments from Washington D.C.
−Removed: Medpage Today coordinates with leading researchers, clinicians, and academic
−Removed: medical centers to aid in gathering in-depth information for its coverage.
+Added: MedPage Today coordinates with leading researchers, clinicians, and academic medical centers to aid in gathering in-depth information for its coverage.
MedPage Today has been recognized with awards from prestigious healthcare organizations including the American Society of Healthcare Business Editors, the National Institute for Healthcare Management, and eHealthcare.
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In numerous peer-reviewed publications, PRIME has demonstrated the impact of its work through measurably improving health care outcomes.
−Removed: In 2023, PRIME received the prestigious Outstanding Educational Collaboration award from the Alliance for Continuing Education in the Health Professions.
−Removed: Our Health eCareers business provides a digital portal to connect physicians, nurses, nurse practitioners, physician assistants, and certified registered nurse anesthetists with jobs in every medical specialty.
+Added: In 2024, PRIME received the prestigious William Campbell Felch Award for Outstanding Research in Continuing Education from the Alliance for Continuing Education in the Health Professions.
+Added: This is the third time PRIME has won the award in the last five years.
+Added: Our Health eCareers business provides a digital portal to connect physicians, nurses, nurse practitioners, physician assistants, and certified registered nurse anesthetists with jobs in their medical specialties.
Health eCareers contracts with thousands of healthcare employers across the United States and an exclusive network of healthcare associations and community partners seeking connections to qualified healthcare professionals to fill open positions.
−Removed: Competition in the digital media space is fierce and continues to intensify.
−Removed: Our digital media business competes with (i) diversified internet and digital media companies like IAC, Future PLC, Red Ventures, Penske Media, Integrated Media, and Internet Brands, (ii) vertical-specific digital media companies like RVO Health, TechTarget, Vox Media, Centerfield, Doximity, and Fandom and (iii) other large sellers of advertising including Alphabet, Meta, Snap, Twitch, and others.
−Removed: We believe that the primary competitive factors determining our success in the market for our digital media products and services include the reputation of our brands as trusted sources of objective information, our ability to attract internet users and advertisers to our web properties, and our expertise in multiple methods of monetization.
−Removed: Some of these companies may have greater financial and other resources than we do.
−Removed: Cybersecurity and Martech
−Removed: Our Cybersecurity and Martech business provides subscription based, software-as-a-service (“SaaS”) solutions, with relatively stable and predictable revenue and margins from quarter to quarter.
−Removed: We generate substantially all of our Cybersecurity and Martech revenues from “fixed” subscription revenues for customer subscriptions and, to a lesser extent, “variable” usage revenues generated from actual usage by our subscribers.
−Removed: Consumers and businesses of all sizes are increasingly subscribing to cloud-based services to meet their communication, messaging, security, privacy, customer marketing, and other needs.
−Removed: Our Cybersecurity and Martech services represent a model for delivering and consuming real time business technology services, resources and solutions over the internet.
−Removed: Their goal is to reduce or eliminate costs, increase sales and enhance productivity, mobility, business continuity, and security.
−Removed: We market our Cybersecurity and Martech offerings to a broad spectrum of prospective business customers including sole proprietors and small to medium-sized businesses and enterprises.
−Removed: We also market our Cybersecurity and Martech offerings to consumers.
+Added: Health & Wellness Pregnancy & Parenting
+Added: Our Health & Wellness Pregnancy & Parenting platform includes pregnancy and parenting properties delivering content via websites, mobile apps, and online communities to expectant and new parents.
+Added: Its properties support millions of families across 31 global websites and mobile apps in seven different languages.
+Added: Our BabyCenter brand is a leading global digital pregnancy and parenting resource delivered via websites, mobile apps, and online communities.
+Added: Our Emma’s Diary brand provides expectant and new parents with information and support in the United Kingdom.
+Added: We also operate the digital properties for the What to Expect brand, a leading pregnancy and parenting media resource, based on the best-selling pregnancy book What to Expect When You’re Expecting by author Heidi Murkoff.
+Added: Our Health & Wellness Pregnancy & Parenting platform also includes Mom Media , a leading community for creators and parents alike and operators of the annual Mom 2.0 Summit.
+Added: Mom Media connects brands with modern parents via its highly engaged community of over 13,500 parenting influencers.
+Added: Our Connectivity platform operates under the brand Ookla and includes several data and services businesses that sit at the center of the broadband ecosystem and are sources of information on internet connectivity and network performance, facilitating insights and decision making relating to broadband networks.
+Added: Ookla provides customers with fixed broadband, mobile network, and Wi-Fi testing applications, analysis, and insights.
+Added: Over eleven million daily tests are actively initiated by users using Speedtest.
+Added: More than 50 billion tests have been
+Added: completed to date.
+Added: As a result of this capability and other solutions used to collect quality-of-experience data, Ookla provides comprehensive insights into worldwide internet performance and accessibility, of broadband, mobile, and Wi-Fi networks.
+Added: Ookla solutions have been adopted by a significant number of internet service providers, mobile service providers, enterprise Wi-Fi systems integrators, and regulatory bodies worldwide.
+Added: In addition to Speedtest , Ookla offers its customers actionable insights, solutions, and services under the Ekahau, Downdetector , and RootMetrics brands.
+Added: Our Ekahau products and services provide business solutions to design, optimize, and manage Wi-Fi, Private 4G, and Private 5G networks using specially developed hardware and software to meet the performance objectives of these networks.
+Added: Downdetector offers real-time status information and tracks outages for services and digital products that consumers and businesses use every day.
+Added: Downdetector aims to track any service that its users consider vital to their everyday lives, including (but not limited to) internet providers, social media, web hosting platforms, applications of mobile service providers, airlines, banks, games, public transport systems, and other online services.
+Added: RootMetrics is an industry leader in the provision of drive testing solutions and performance benchmarking of mobile service providers in the United States and the United Kingdom, providing actionable insights on the quality, reliability, and performance of voice, messaging, and data services.
+Added: Cybersecurity & Martech
+Added: Our Cybersecurity & Martech business provides internet-delivered software-as-a-service (“SaaS”) cloud-based offerings to consumers and businesses of all sizes to meet their communication, messaging, security, privacy, customer marketing, and other needs.
+Added: Our Cybersecurity & Martech services represent a model for delivering and consuming real time technology services, resources and solutions over the internet.
+Added: Their goal is to reduce or eliminate costs, increase sales and enhance productivity, mobility, business continuity, privacy, and security.
+Added: We market our Cybersecurity & Martech offerings to a broad spectrum of prospective business customers including sole proprietors and small to medium-sized businesses and enterprises.
+Added: We also market our Cybersecurity & Martech offerings to consumers.
Our marketing efforts include enhancing brand awareness;
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We continuously seek to extend the number of distribution channels through which we acquire paying customers and improve the cost and volume of customers obtained through our current channels.
−Removed: Our Cybersecurity and Martech business operates as the VIPRE Security Group and the MOZ Group, respectively.
+Added: Our Cybersecurity & Martech business operates as the VIPRE Security Group and the MOZ Group , respectively.
VIPRE Security Group
−Removed: The VIPRE Security Group’s offerings include endpoint and email security, security awareness training, secure backup and file sharing, and virtual private network solutions.
+Added: The VIPRE Security Group , whose cloud-based SaaS offerings include endpoint and email security, security awareness training, secure backup and file sharing, and virtual private network solutions.
We offer these services to consumers who are worried about their digital safety and security of personal information online, and to small businesses and mid-sized enterprises who want advanced cyber threat protection.
The VIPRE Security Group offers its services under the following brands.
−Removed: IPVanish offers one of the fastest virtual private network services in the industry.
+Added: IPVanish offers one of the leading virtual private network services in the industry.
Virtual private network services encrypt user’s data and activity on the internet, enabling users to browse the internet more securely and anonymously, and without restriction.
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VIPRE offerings include comprehensive endpoint and email security, along with threat intelligence for real-time malware analysis.
+Added: Inspired eLearning ’s SaaS platform for cybersecurity awareness and compliance training helps enterprises protect their organizations by educating employees on how to reduce human-related cybersecurity and workplace incidents.
Livedrive provides online backup and synchronized storage features for professionals and individuals and is designed to allow customers with an internet connection to access their files from virtually anywhere at any time.
−Removed: Inspired eLearning ’s SaaS platform for cybersecurity awareness and compliance training helps enterprises protect their organizations by reducing human-related cybersecurity and workplace incidents.
SugarSync provides online file backup, synchronization and sharing of a customer’s documents, photos, music, and movies across a customer’s desktops, laptops, mobile, and other devices.
−Removed: The MOZ Group’s offerings include email marketing and delivery solutions, search engine optimization tools, and voice and text communication services.
+Added: The MOZ Group’s SaaS offerings include email marketing and delivery solutions, search engine optimization tools, and voice and text communication services.
We offer these services to sole proprietors, small businesses, and mid-sized enterprises, enabling them to connect directly with their customers and grow the revenue of their businesses.
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The MOZ Group offers its services under the following brands.
−Removed: Campaigner , iContact, SMTP, and Kickbox provide email marketing solutions to help small, medium, and large businesses strengthen customer relationships and drive sales through professional email campaign creation, advanced list management, segmentation tools, verification tools, marketing automation, attribution reports, campaign tracking, and targeted email auto responders and workflows.
−Removed: MOZ Pro, MOZ Local, and Stat Analytics offer search engine optimization services that are used to help understand and improve traffic, rankings, and visibility in search results.
+Added: Campaigner , iContact, SMTP, Kickbox, and Full Contact provide email marketing solutions to help small, medium, and large businesses strengthen customer relationships and drive sales through professional email campaign creation, advanced list management, segmentation tools, verification tools, marketing automation, attribution reports, campaign tracking, and targeted email auto responders and workflows.
+Added: MOZ Pro, MOZ Local, and Stat Analytics offer search engine optimization services that are used to help understand and improve internet traffic, rankings, and visibility in search results.
eVoice is a virtual phone system that provides small and medium-sized businesses with on-demand voice communications services.
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These services also include advanced integrated voicemail for each extension.
−Removed: Line2 is a cloud phone service, which allows users to add a second line to a mobile device.
−Removed: Line2 enables users to separate work and personal calls on a single device and includes standard business phone service features such as SMS, MMS, auto attendant, call routing, call forwarding, voicemail, call queue, and toll-free and vanity numbers.
−Removed: Our Cybersecurity and Martech business faces competition from, among others, email marketing solution providers, marketing automation services, cybersecurity software and service vendors, and virtual private network providers.
−Removed: Our online cybersecurity solutions compete against publicly-traded and privately-held providers of cybersecurity solutions and related software, such as Palo Alto Networks, Crowdstrike, Proofpoint, Gen Digital Inc., Kape Technologies, KnowBe4, and Malwarebytes.
+Added: Line2 is a cloud-based phone service, which allows users to add a second line to a mobile device.
+Added: Line2 enables users to separate work and personal calls on a single device and includes standard phone service features such as SMS, MMS, auto attendant, call routing, call forwarding, voicemail, call queue, and toll-free and vanity numbers.
+Added: Competition in the Technology & Shopping, Gaming & Entertainment, and Health & Wellness spaces is significant.
+Added: Within these verticals, our businesses compete with (i) diversified internet and digital media companies like IAC, Future PLC, Red Ventures, Penske Media, Integrated Media, and Internet Brands, (ii) vertical-specific digital media companies like RVO Health, TechTarget, Vox Media, Centerfield, Doximity, and Fandom and (iii) other large sellers of advertising products and solutions, including Alphabet, Meta, Snap, Twitch, and others.
+Added: Competition in the Connectivity space is diverse.
+Added: In this space, our business competes with Opensignal, Accenture, NetAlly, and IBWave, as well as others.
+Added: Our Cybersecurity & Martech business faces competition from, among others, email marketing solution providers, marketing automation services, cybersecurity software and service vendors, and virtual private network providers.
+Added: Our online cybersecurity solutions compete against providers of cybersecurity solutions and related software, such as Palo Alto Networks, CrowdStrike, Proofpoint, Gen Digital Inc., Kape Technologies, KnowBe4, and Malwarebytes.
Our marketing technology solutions compete directly with various providers of search engine optimization technology and communication platforms that provide email and voice-related services to small and medium-sized businesses, including companies like SEMRush, MailChimp, Campaign Monitor, Constant Contact, and Dialpad.
−Removed: Our Cybersecurity and Martech business also competes against diversified and acquisitive vertical market software providers like Constellation Software and Tyler Technologies.
+Added: Our Cybersecurity & Martech business also competes against diversified and acquisitive vertical market software providers like Constellation Software and Tyler Technologies.
Some of our competitors may have greater financial and other resources than we do.
−Removed: We believe that the primary competitive factors determining our success in the market for Cybersecurity and Martech services include our financial strength and stability;
−Removed: reputation for reliability and security of service;
−Removed: intellectual property ownership;
−Removed: effectiveness of customer support;
−Removed: sign-up, service, and software ease-of-use;
−Removed: service scalability;
−Removed: customer messaging and branding;
−Removed: geographic coverage;
−Removed: scope of services;
−Removed: currency and payment method acceptance;
−Removed: and local language sales, messaging, and support.
−Removed: Revenues associated with our Digital Media business are subject to seasonal fluctuations, becoming most active during the fourth quarter holiday period due to increased retail activity.
−Removed: Our Cybersecurity and Martech revenues are impacted by the number of effective business days in a given period.
−Removed: We traditionally experience lower than average Cybersecurity and Martech usage and customer sign-ups in the fourth quarter.
+Added: We believe that the primary competitive factors determining our success in the market for our services include the reputation of our brands as trusted sources of premium and exclusive content and objective information;
+Added: our ability to attract consumers, professionals, advertisers to our digital properties;
+Added: the reach, effectiveness, and efficiency of our customer messaging, branding, and marketing services;
+Added: our expertise in multiple methods of monetization;
+Added: our financial strength and stability;
+Added: our reputation for reliability and security of service;
+Added: our intellectual property ownership;
+Added: the effectiveness of our customer support;
+Added: our sign-up, service, and software ease-of-use;
+Added: our service scalability;
+Added: our geographic coverage;
+Added: our scope of services;
+Added: our currency and payment method acceptance;
+Added: and our local language sales, messaging, and support.
+Added: Certain of our revenues associated with our Digital Media Businesses are subject to seasonal fluctuations, and are generally higher during the fourth quarter holiday period due to increased retail activity.
+Added: Revenues associated with our Connectivity business can be impacted by the timing of significant transactions within any particular quarter.
+Added: Certain of our Cybersecurity & Martech revenues are impacted by the number of effective business days in a given period.
+Added: We traditionally experience lower than average Cybersecurity & Martech usage and customer sign-ups in the fourth quarter.
Patents and Proprietary Rights
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We have obtained patent licenses for certain technologies where such licenses are necessary or advantageous.
−Removed: We own and use a number of trademarks in connection with our services, including word and/or logo trademarks for IGN, Everyday Health, BabyCenter, Humble Bundle, PCMag, Mashable, Ookla, Speedtest, and RetailMeNot, among others.
+Added: We own and use a number of trademarks in connection with our services, including word and/or logo trademarks for IGN, CNET, Everyday Health, BabyCenter, Humble Bundle, PCMag, Mashable, Ookla, Speedtest, and RetailMeNot, among others.
Many of these trademarks are registered worldwide, and numerous trademark applications are pending around the world.
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In addition, the Providing Resources, Officers, and Technology to Eradicate Cyber Threats to Our Children Act of 2008 (“PROTECT Act”) requires us to report evidence of violations of federal child pornography laws under certain circumstances, and there are state and international laws that impose similar requirements on us.
−Removed: The California Consumer Privacy Act (the “CCPA”), as amended by the California Privacy Rights Act (the “CPRA”), among other things, requires covered companies to provide new disclosures to California residents and afford such individuals the ability to opt out of the sales or sharing of their personal data, or opt-into certain financial incentive programs.
+Added: The California Consumer Privacy Act (the “CCPA”), as amended by the California Privacy Rights Act (the “CPRA”), among other things, requires covered companies to provide certain disclosures to California residents and afford such individuals the ability to opt out of the sale or sharing of their personal data, or opt-into certain
+Added: financial incentive programs.
The General Data Protection Regulation (the “GDPR”) enhances the obligations placed on companies that control or process personal data including, for example, expanded disclosures about how personal data is to be used, mechanisms for obtaining consent from data subjects, controls for data subjects with respect to their personal data (including by enabling them to exercise rights to erasure and data portability), limitations on retention of personal data, and mandatory data breach notifications.
Our use of email, SMS, or phone calls as a significant means of communicating is subject to numerous laws and regulations worldwide, such as the Controlling the Assault of Non-Solicited Pornography and Marketing Act of 2003 (the “CAN-SPAM Act”), the Telephone Consumer Protection Act of 1991 (“TCPA”), and their state and international equivalents.
−Removed: Our healthcare-related offerings mean that we are in some cases subject to a variety of healthcare privacy laws and regulations at the federal, state, and international levels.
+Added: Our healthcare-related offerings are in some cases subject to a variety of healthcare privacy laws and regulations at the federal, state, and international levels.
For example, the Privacy Standards and Security Standards under the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”) establish a set of basic national privacy and security standards for the protection of individually identifiable health information that we must adhere to.
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We may also be subject to various state and international data privacy laws that are both generally applicable to personally identifiable information and that particularly concern personal health and medical information, as defined by those laws.
−Removed: In connection with our Cybersecurity and Martech business, we utilize data transmissions over public telephone lines and other facilities provided by third-party carriers.
+Added: In connection with our Cybersecurity & Martech business, we utilize data transmissions over public telephone lines and other facilities provided by third-party carriers.
These transmissions are subject to foreign and domestic laws, regulations, and requirements by the Federal Communications Commission, state public utility commissions, foreign governmental authorities, and industry trade associations such as the CTIA.
−Removed: These regulations and requirements affect our ability to provide services, the availability of numbers, the prices we pay for transmission services, the administrative costs associated with providing our services, the competition we face from telecommunications service providers, and other aspects of our market.
+Added: These regulations and requirements affect our ability to provide services, the availability of telephone numbers, the prices we pay for transmission services, the administrative costs associated with providing our services, the competition we face from telecommunications service providers, and other aspects of our market.
We are also subject, or could become subject to, burgeoning or new areas of regulation as federal, state, and international jurisprudence develops.
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Laws and regulations surrounding the internet and cybersecurity are constantly evolving, so we may become subject to more laws and regulations in the future.
+Added: Following changes to our internal reporting structure, the Company concluded that it has five operating segments which are now presented as the following five reportable segments:
+Added: 1) Technology & Shopping, 2) Gaming & Entertainment, 3) Health & Wellness, 4) Connectivity, and 5) Cybersecurity & Martech.
+Added: Prior period segment information is presented on a comparable basis to conform to this new segment presentation with no effect on previously reported consolidated results.
+Added: For additional information about our segment reporting, refer to “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and Note 17 - Segment Information of the Notes to our Consolidated Financial Statements in this Form 10-K.
Human Capital Resources
−Removed: As of December 31, 2023, we had approximately 4,200 employees, nearly evenly split between U.S.
−Removed: and non-U.S based employees.
+Added: As of December 31, 2024, we had approximately 3,800 employees, 56% of which are U.S.
+Added: based employees and 44% non-U.S based employees.
Our ability to continue to attract, retain, and motivate our highly qualified workforce is important to our continued success.
−Removed: Approximately 60 of the editorial employees in our Digital Media business have elected to join a union.
−Removed: We chose to voluntarily recognize the union and have negotiated a collective bargaining agreement with the union.
−Removed: None of our other employees are represented by collective bargaining.
+Added: Approximately 130 of the editorial employees in our Technology & Shopping and Gaming & Entertainment businesses have elected to join a union as of December 31, 2024.
+Added: We chose to voluntarily recognize the union.
Acquisition Strategy Impact on Human Capital
−Removed: The Company has made more than 80 acquisitions between 2012 and 2023, including two during 2023 (exclusive of any acquisitions that were part of businesses we have since divested).
+Added: The Company has made more than 90 acquisitions between 2012 and 2024, including four during 2024 (exclusive of any acquisitions that were part of businesses we have since divested).
Integrating new groups of employees whose culture, organizational norms, and expectations might differ from our own is a strength of ours.
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Our culture operates on two levels.
−Removed: While we have a strong enterprise-wide culture that focuses on our core values – diversity, equity and inclusion, environmental sustainability, community, data privacy and security, and governance – we also have a strong network of micro-cultures that operate within many of our businesses and drive their success.
−Removed: Integrating those micro-cultures and values is important;
−Removed: we work hard to foster an environment of collaboration and embrace the power of small groups working together.
+Added: While we have a strong enterprise-wide culture, we also have a strong network of micro-cultures that operate within many of our businesses and drive their success.
+Added: Integrating those micro-cultures and values is important and we work hard to foster an environment of collaboration and embrace the power of small groups working together.
An important dimension of the enterprise culture at Ziff Davis stems from our belief that profitability and corporate responsibility go hand in hand.
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Our employees play a crucial role in supporting the Company’s “Five Pillars of Purpose”, which include:
−Removed: Diversity, Equity & Inclusion (“DEI”) - Reinforce our diverse workforce, reflect our diverse audiences, and extend upon our inclusive culture.
+Added: Diversity, Equity & Inclusion - Ensure we avail ourselves of the best talent in the marketplace, and hire diverse voices to speak to all our customers.
Environmental Sustainability - Reduce our environmental footprint and continue helping customers and users reduce their footprint.
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Diversity, Equity & Inclusion
−Removed: Our Digital Media audiences and Cybersecurity and Martech services users are diverse in gender identity, race, ethnicity, age, sexual orientation, geography, education, background, interests, and more.
−Removed: We believe that for our business to succeed over the long term, the Company must have an inclusive corporate culture that embraces diversity and promotes equity across our enterprise.
−Removed: We continue to take steps to promote that culture, including through:
−Removed: • The Ziff Davis Diversity Council, a diverse group of employees that develops recommendations for recruiting, mentorship, and advancement;
−Removed: • Six Employee Resource Groups (“ERG”) to increase opportunities for networking, learning, and development;
−Removed: • DEI targets included in our executive compensation program beginning in 2021 and Environmental, Social and Governance (“ESG”) targets beginning in 2023;
−Removed: • A mentorship program for all employees to leverage internal leadership and expertise.
−Removed: We believe that transparency and accountability are important parts of managing human capital risk.
−Removed: To that end, in 2023 we published our fourth Annual Diversity Report, available on our website, which details our workforce race and gender representation, and how those differ between our overall workforce and our senior employees.
−Removed: We are proud of our progress to date – and we recognize we have much more to do.
+Added: Diversity, Equity and Inclusion to us means maintaining fair practices and ensuring equal opportunity for all employees and candidates, so that merit and skill can be identified and cultivated to hire top talent and yield the best possible results for our business.
+Added: Further, to best address the needs of a large and diverse audience, we believe we must provide multiple voices, which requires us to maintain an employee base with differing backgrounds.
+Added: We continue to take steps to promote these goals, and in 2024 we published our fifth Annual Diversity Report, available on our website, which details representation in our workforce.
The Annual Diversity Report is not incorporated by reference and should not be considered part of this Annual Report on Form 10-K.
−Removed: We reinforce our culture and our values by seeking out diverse candidates to fill vacancies and looking for candidates that fit well with our organizational priorities.
+Added: We reinforce our culture and our values by seeking out diverse candidates to fill vacancies by seeking candidates that fit well with our organizational priorities.
We have had success in this area:
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have been women.
−Removed: We are working proactively to attract more diverse talent:
−Removed: we doubled our referral bonus paid to employees when we hire a person of color they recommend, continued our participation with Afrotech by sending ERG leaders to the 2023 conference, and relaunched our ReStart Program, which is a paid returnship program to help jump-start the career of people who have been out of the workforce for two or more years, hiring one restarter into the program in late 2023.
+Added: We are working proactively to attract more diverse talent and, during 2024, we continued our participation with Afrotech by sending ERG leaders to the 2024 conference.
+Added: In 2023, we relaunched our Restart Program, which is a paid returnship program to help jump-start the career of people who have been out of workforce for two or more years, hiring one restarter into the program in 2024.
Employee Compensation & Benefits
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Those benefits include comprehensive health insurance coverage, covering 83% of health insurance premiums for covered U.S.
−Removed: employees for the past three years, an employee stock purchase program, 401k program, flexible time off, free access to telemedicine, and up to 16 weeks of paid parental leave for birth parents.
−Removed: In addition, we offer paid family, sick, military, jury duty, and bereavement leave, paid short and long term disability leave, family planning support, a program offering free access to meditation and healthy eating apps, and monthly webinars focused on wellness through the “Wellness Your Way” program.
+Added: employees for the past three years, an employee stock purchase program, a 401k program, flexible time off, free access to telemedicine, and up to 16 weeks of paid parental leave for birth parents.
+Added: In addition, we offer paid family, sick, military, jury duty, and bereavement leave, paid short- and long-term disability leave, family planning support, a program offering free access to meditation and healthy eating apps, and monthly webinars focused on wellness through the “ZD BeWell” program.
We support our local communities by providing employees with 16 hours annually of fully paid Volunteer Time Off, partnering with Benevity and Visit.org to support volunteer event opportunities globally.
−Removed: We also expanded our Employee Assistance Fund (“EAF”) with America’s Charities to help employees impacted by unexpected financial hardship resulting from natural and other disasters as well as personal hardship, supporting 98% of employees across ten countries, with plans to add more countries in the future.
+Added: We also expanded our Employee Assistance Fund (“EAF”) with America’s Charities to help employees impacted by unexpected financial hardship resulting from natural and other disasters as well as personal hardship, supporting 99% of employees across 14 countries, with plans to add more countries in the future.
Creating a culture where all colleagues feel supported and valued is paramount to our corporate mission.
−Removed: We have a mental health education program with quarterly events held throughout the year.
+Added: All employees globally have access to an Employee Assistance Program (EAP).
We continue to evolve our programs to meet our colleagues’ health and wellness needs, which we believe is essential to attract and retain employees of the highest caliber, and we offer a competitive benefits package focused on fostering work/life integration.
−Removed: Environment, Social and Governance
−Removed: In April 2023, we issued our second annual ESG Report.
+Added: Environmental, Social and Governance
+Added: In April 2024, we issued our third annual ESG Report, which can be found at www.ziffdavis.com/esg-environment.
Included in the report were the findings from our third-party verified greenhouse gas inventory, which calculates our Scope 1, 2, and 3 emissions.
−Removed: Our ESG efforts focused on five critical
−Removed: diversity, equity and inclusion;
−Removed: environmental sustainability;
−Removed: data privacy and security;
−Removed: and governance.
The report highlighted the policies, programs and practices we have in place to tackle critical challenges and the tangible results we have already achieved across our business, within our industry, and in our communities.
1 unchanged sentence
The ESG Report is not incorporated by reference and should not be considered part of this Annual Report on Form 10-K.
+Added: Historical Information
+Added: Ziff Davis, Inc.
+Added: was incorporated in 2014 as a Delaware corporation through the creation of a holding company structure.
+Added: At the time of its incorporation, Ziff Davis, Inc.
+Added: was known as j2 Global, Inc.
+Added: and traded under the stock ticker JCOM.
+Added: Prior to 2014, an entity now known as J2 Cloud Services, LLC (founded in 1995) traded as JCOM.
+Added: On October 7, 2021 (the “Distribution Date”), the Company completed the separation (the “Separation”) of its cloud fax business into Consensus Cloud Solutions, Inc., an independent publicly traded company, and the Company transferred J2 Cloud Services, LLC to Consensus who in turn transferred non-fax assets and liabilities back to Ziff Davis, such that Consensus was left with the cloud fax business.
+Added: In connection with the Separation, we changed our name to Ziff Davis, Inc.
+Added: from J2 Global, Inc.
+Added: (for certain events prior to the Distribution Date, the Company may be referred to as J2 Global) and changed our stock ticker to ZD from JCOM.
+Added: The Separation was achieved through the Company’s distribution of 80.1% of the shares of Consensus common stock to holders of Company common stock as of the close of business on October 1, 2021, the record date for the distribution.
Available Information
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.