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| | Wired News: Paul Allen Invests in ZDTV |
 | | Ziff-Davis (ZD), the world's largest publisher of computer magazines, also said it had exercised its option to purchase all of ZDTV from MAC, an affiliate of Softbank, a Japanese software and publishing house. |
 | | ZDTV, a 24-hour cable channel that broadcasts programs about technology and the Internet, fits into Allen's vision of a "wired world," where cheaper processing power and bandwidth make information more widely available, said William Savoy, president of Vulcan Ventures. |
 | | ZDTV's San Francisco-based slate of 12 original programs about technology and the Internet reaches more than 9 million homes through 20 cable affiliates, DirectTV, and EchoStar. |
| www.wired.com /news/business/0,1367,16314,00.html (558 words) |
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