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Demand Media Reports Profit

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Santa Monica-based Demand Media , the internet publishing firm headed by Richard Rosenblatt, reported its fourth quarter and fiscal 2010 results today, the first as a public company. in revenues from Q4 of 2009. The firm also reported net income of $1.0M, versus $3.9M in a loss in Q4 of 2009.

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Image Metrics Raises $8.0M, In Reverse Merger

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Santa Monica-based Image Metrics , a developer of facial animation software and services, has raised $8.0M As part of the public listing, Image Metrics reported it had revenues of $4.0M The firm said it had a net loss of $6.8M for fiscal 2009. in funding and gone public through a reverse merger. READ MORE>>.

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Demand Media Files For IPO

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Santa Monica-based Demand Media , the online media firm run by Richard Rosenblatt, has finally filed for its long awaited IPO. According to Demand's IPO filing, the firm had a net loss of $6.00M on revenues of $114.0M For the year ended December 31, 2009, the firm had a net loss of $21.9M on revenues of $198.45M.

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