Z.com, an entertainment Web site, has become yet another victim of the market downturn and is shutting down. The closely held Burbank, Calif., company was founded in late 1999. At its peak, it had about 90 employees. Only five workers remained as the site prepared to shut down and sell off assets. Chief Executive Joe DiNunzio said his company was unable to survive the gloomy market conditions.
Z.com created original video using a combination of Hollywood talent as well as emerging lesser-known artists, DiNunzio said. The site featured drama and game shows among other forms of entertainment.