ZD Home Page for anyone who might want general info.
The press release appears to be "optimistic" and says they will continue with "business as usual" and expect to complete and emerge from the filing protections by summer of this year.
I hope they're successful, as I've relied a lot on PC Magazine for around 20 years now, although I seldom look at the paper copies on a regular basis since Ulanof's (Chief Editor?) weekly email column summarizes almost everything I'm really interested in. The paper copies get dusted off only when I need to look up more details on the advertising - and I tend to be pretty ad-o-phobic.