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Santa Monica-based Demand Media said this morning that it received approximately $77.2M in net proceeds from the firm's IPO last week. per share, with 5,175,000 shares of the offering coming directly from Demand Media itself, and the rest from other shareholders. READ MORE>>.
Santa Monica-based Trill Project, founded by four high-schoolers who want to make social media safer, received on Aug. 15 a total $550,000 in a seed round led by Founders Bootcamp. Founders Bootcamp is a venture studio focused solely on high school entrepreneurs and run out of the UCLA Anderson School of Management’s Cross-Campus space.
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 in the first six months of 2010.
Santa Monica-based Manalto has raised $1M in a seed funding round, for the company''s social media content management software. According to Manalto, the funding came from Europlay Capital Adivsors, Raven Capital, as well as high net worth individuals from Australia. The company splits its operations between Santa Monica and Australia.
Santa Monica-based online digital media publisher Demand Media keeps on getting bigger and bigger. The company also reported net income of $0.7M demand media earnings domain content publishing creativebug' The firm reported its latest quarterly results Tuesday, reporting $100.6M READ MORE>>.
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. Demand Media said it had revenues of $73.6M The firm also reported net income of $1.0M, versus $3.9M The firm reported net loss of $5.3M
Los Angeles-based YP.com , the provider online directories and services to help businesses get their companies online which has been remade by a number of technology executives into a provider of local business marketing and automation software, has been acquired by competing directory provider Dex Media.
GoDaddy , the parent company of Los Angeles premium website hosting service Media Temple , has filed for an IPO--in the process, showing that the company paid $94.48M in cash for Media Temple. The company reported a net loss of $131M for 2013, on revenues of $1.13 READ MORE>>.
Selling at smaller retailers will net you fewer customers and higher margins. Newsflash – you’ll never have as many customers as Walmart because they sell every kind of product but there are many other retailers who distribute candy bars as well.
Los Angeles-based datacenter operator Net Data Centers , which has two facilities in Los Angeles, has been acquired by another data center operator, Anexio. Net Data Centers had provided cloud and data center solutions for businesses, including many in the media and entertainment industry. READ MORE>>.
Santa Monica-based Demand Media said Monday afternoon that it has lost its CFO, Mel Tang, who the company said will depart at the end of the year. The announcement was made as Demand Media reported its third quarter 2014 results. Demand Media reported $41.3 in revenues for the third quarter, down from $50.7M READ MORE>>.
Santa Monica-based Demand Media reported its results Thursday, saying that it had a net loss of $5.6 Demand Media said the revenues numbers were driven by continued momentum from its owned and operated sites. million on revenues of $79.5M. Revenues were up 48 percent compared to the $53.6M
Thursday, August 9, 2012 -- Selling Through Social Media. Everyone knows they need to be on Social Media, most of us even know the basics of running social media for business; but when it comes down to the bottom line how do you leverage the medium into dolla dolla bills? Coloft Academy. Instructor: Shannon Drake.
According to health care insurer Health Net and UCLA, the two are looking to study the use of Web-based, social media to improve preventative care and decrease emergency room visits among adolescents. UCLA and Health Net said the effort is being funded by a $1.1M UCLA and Health Net said the effort is being funded by a $1.1M
Rightside , the domain name service company which is in the process of being spun out of Santa Monica-based Demand Media , said today that it has inked a deal to bring to new domains to the market: DANCE and.DEMOCRAT.
Come celebrate milestones the internet has made over the past 50 years at a special event called Net@50 on July 16 in Cambridge, MA, organized by the World Frontiers Forum and Xconomy. An afternoon forum at the MIT Media Lab will explore the big issues and challenges surrounding the internet.
Los Angeles-based GetBack Media , an online community focused on pop culture, said Thursday that it has raised $1.7M The firm said the funding was led by Beringea, along with high net worth individuals and entertainment leaders. in a Series A funding.
For this morning's interview, we sat down and talked with Nick Desai , CEO of Global Fitness Media , which runs FitOrbit (www.fitorbit.com), an online site looking to help users put together a fitness and connect with fitness trainers. Nick Desai: Jack Steinfeld--which everyone knows as Body by Jake--is the founder of Global Fitness Media.
WD said the new device, the My Net AC1300, is aimed at providing high bandwidth streaming of Netflix, YouTube, onilne games, and Skype, and includes automatic prioritization of entertainment services traffic. Irvine-based WD said today that it has launched a new, 802.11ac wireless router and bridge.
Legendary rock musician and longtime internet evangelist Peter Gabriel has joined the all-star cast of speakers for Net@50 , a historic event celebrating the 50th anniversary of the first net message—while also looking ahead to the internet’s next 50 years.
Thursday, August 27, 2009 -- New Media Vault Mixer. This month we're helping to support the efforts of the Electronic Frontier Foundation (EFF) who are the front lines of the fight for net neutrality. When our freedoms in Electronic Frontier Foundation the networked world come under attack, the EFF is the first line of defense.
Wednesday, February 9, 2011 -- Social Media: Hype or Holy Grail for Business? Its been a year since our panelists discussed best practices for growing business using social media. AWT Quarterly Technology Forum. Join us for a lively discussion! See [link] (more)
Our industry just took one big step towards legitimacy with the hiring of renowned media exec Ynon Kreiz to run Maker Studios. You can’t change media consumption patterns easily. My estimate is that the top 5 YouTube networks will do > $200 million net revenue in 2013 (after Google’s share). hours of TV / day.
Wednesday, February 9, 2011 -- Social Media: Hype or Holy Grail for Busines? Join us for the AWT Quarterly Interactive Technology Forum Its been a year since our panelists discussed best practices for growing business using social media. Join us for a lively discussion!
The letter said that Sega agreed to purchase Relic; Koch Media agreed to purchase Volition and Metro; Crytek agreed to purchase Homefront; Take 2 agreed purchase Evolve and; Ubisoft agreed to purchase Montreal and South Park. Farrell said that THQ now expects those sales to close this week.
In the age of social media, are online discussions boards obsolete? The company said Monday that it is making old social media new again by reinventing online forums, adding such features as single sign-on of users, live search, a new mobile interface, and much more. ProBoards said the new release was four years in the making.
The sale netted the company $20M, which it will use to fund its U.S. Moviepilot''s web site focuses on film recommendations, film discovery, and the company also helps studios with social media campaigns. The move puts the company''s focused squarely on its Los Angeles operations.
the Sunnyvale-based semiconductor maker which has major operations in Westlake Village, has released its latest financials in an updated S-1 from the company, saying that it had had net income of $19.6M The firm had net income attributable to common stockholders of $2.2M. That compares to net income of $762K on revenues of $23.3M
According to ACTIVE Network, it has appointed Jon Belmonte, former Chief Media Officer and Chief Operating Officer at the company as interim CEO, and has launched a search for a permanent CEO. Active Network is a provider of online sports registration and other related services.
the Santa Monica-based social media company, reported earnings results for the second quarter ended June 30. While the company has beaten revenue expectations, it continues to see an increase in net loss.
I love learning first hand about the differences in analytics platforms, social media conversion, the effectively of copy, how to cultivate an audience, etc. The net result of my posts plus the comments forms a tighter view of my evolving belief system. Tags: Social Media Tech Market Analysis.
The event is called Net@50. At the World Frontiers Forum and Xconomy, we can’t promise to cover everything, but we can deliver an important and historic event that poses such questions and many more. We can also deliver some of the most knowledgeable and informed speakers and guests to provide at least some of the answers. It takes place the.
A Santa Monica-based domain venture, Plan Bee LLC , has selected domain name auction site NameJet--a joint venture of Santa Monica-based Demand Media and Web.com--along with domain marketplace AfterNic--to power initial distribution for its new top level domain,BUILD. Plan Bee is headed by George Minardos. READ MORE>>.
These are all subjects that will be examined at Net@50: The Roots and Future of the Internet , a unique two-part event to be held. But as we are ever more acutely aware, that very technology infrastructure is also a tool for scams, identity and financial theft, election fraud, and oppression. Read more » Reprints | Share:
Demand Media / Richard Rosenblatt / Los Angeles - Rosenblatt's last big win: MySpace, where he was Chairman, brokering its sale to News Corp. Getting lots of notice--and controversy--at Demand Media for its use of writers to create content specifically to attract web traffic. com, and was CEO of Vivendi Universal Net USA.
The social media and communication software developer announced the numbers in its second quarter 2019 financial results. Snap's revenues grew to $388M in Q2 of 2019, with a net loss of $255M for the quarter. Santa Monica-based Snap Inc. , READ MORE>>.
Silicon Valley and the media industry that surrounds it values youth. innovated in social media advertising and for a variety of reasons wasn’t ultimately successful and went to zero. With the set of cards we had at the time we sold, but what I wouldn’t give to still be working with and going long these two. The second “exit”?—?Adly?—?innovated
Los Angeles-based Break Media , an online site which caters to males, announced today that it has signed a deal with liquor maker Southern Comfort to develop a branded content project, "Social Sportz Net".
Leaf Group disclosed the sale in its first quarter 2017 results, where it reported a net loss of $10.0M Leaf Group was formerly known as Demand Media. Leaf Group said it paid $12.0M for Deny Designs, split between $6.7M in cash plus approximately 215,000 shares of its common stock. Deny Designs was based in Denver, Colorado.
To get some insight into how those names are changing--we caught up with Steve Banfield , SVP and GM of Registrar Services over at Rightside (www.rightside.co) -- which is in the midst of spinning out from Santa Monica-based Demand Media. Steve Banfield: What will become Rightside has been part of Demand Media. READ MORE>>.
Lewis was the CEO of Blue Wave Media. Lewis reportedly prepared false balance sheets and income statements, which falsely overstated, among other things, Blue Wave Media'snet worth, liquidity, and revenue, according to prosecuters. Lewis now faces up to 30 years in federal prison.
This month, SMCLA and TechZulu are partnering to celebrate “United We Share, a month long celebration of 7th anniversary of the founding of the international Social Media Club and it’s amazing members. Social media has transformed the way books are marketed and sold. Tim Sanders , CEO Net Minds Publishing, Author, Speaker.
Tracy built her company, Recycled Media , out of necessity. In one year of Airbnb Tracy netted more than $28,000. Danny became a small investor in Recycled Media (the parent company of Recycled Bride) and became one of Tracy’s lead advisors. She’s a painter and a self-proclaimed Bohemian.
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