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Demand Media Buys Saatchi Art, Appoints Sean Moriarty As CEO

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Santa MOnica-based Demand Media made a surprise move this morning, saying it has appointed former Ticketmaster CEO Sean Moriarty as its new CEO--and also acquiring Moriarty''s startup, Saatchi Art. According to Demand Media, it paid $17M for Saatchi Art, in a mix of cash and stock, in a deal which will add revenues of $0.5M

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Demand Media Sells Pluck

socalTECH

Los Angeles-based Demand Media has sold its social media software arm, Pluck , to New York-based Sprinklr , the companies said Thursday. Pluck, which is based in Austin, was founded in 2003, and had been acquired by Demand Media in 2008 in a deal worth $56.3M. demand media pluck merger acquisition social software'

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Demand Media Buys E-Commerce Marketplace Society6 For $94M

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Santa Monica-based Demand Media has acquired Society6 , an online e-commerce marketplace centered around artists, the company announced Monday afternoon, as part of an effort to expand its content and media platform. According to Demand Media, it paid $94M for Society6, including $75M in cash and approximately $19M in its common stock.

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Zingy's On-Demand, Dog Walking Services Acquired By Rover

socalTECH

Los Angeles-based Zingy , an online, on-demand dog walking service, has been acquired by Rover , according to the companies. Financial terms of the acquisition were not announced, and it's unclear when the actual acquisition occurred. READ MORE>>.

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Fandango Launching Video-On-Demand Service

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Los Angeles-based Fandango , the online movie ticketing and information services, said Tuesday that it will launch its own, premium on-demand video service, FandangoNOW , on March 30th. The new Fandango service will be avialable on the Web, iOS, Android, Roku, and smart TV interfaces.

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Thanks to socalTECH's Sponsors!

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We Create Demand for California's Technology Companies. Los Angeles-based executive search for emerging growth companies. Sponsoring socalTECH's Executive Moves section. Litigation - IP Licenses and Agreements: distribution, development, joint venture - Intellectual property aspects of mergers and acquisitions.

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Demand Media Selects NYSE For IPO

socalTECH

Los Angeles-based Demand Media , the online content publishing empire of Richard Rosenblatt, has updated its S-1 filing with the SEC, saying that it has applied to list its IPO on the New York Stock Exchange, under the symbol "DMD". Demand Media filed for an IPO in August, saying it hoped to raised up to $125M in the offering.

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