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Demand Media Unloads Cracked For $39M

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Santa Monica-based Demand Media has sold Cracked , its online humor site, to the E.W. According to Demand Media, the move will give it a "more focused portfolio of businesses", and also "significantly" strengthen its balance sheet. Demand Media acquired Cracked in 2007. READ MORE>>.

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Demand Media Sued By Mania.com's Founder

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Santa Monica-based Demand Media has been sued by Chip Meyers, the founder of Mania.com, according to a report today from paidContent.org. from Demand, over Demand Media' acquisition of his site in 2007. Tags: demand media lawsuit chip meyers mania merger acquisition legal.

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Demand Media: $56.3M for Pluck, $5.0M For The Daily Plate

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The price of two of Demand Media's acquisitions, Pluck , and The Daily Plate , have both been made public with the firm's IPO filing Friday evening. According to the S-1, Demand paid $56.3M The firm also revealed that it acquired Pagewise , a provider of how-to videos and text articles, for $15.8M, back in June of 2007.

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Demand Media Claims Billions Of Video Views

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Santa Monica-based Demand Media , the Internet publishing and content effort run by Richard Rosenblatt, reported today that the firm has seen more than one billion video streams across its network of sites and branded YouTube channels. Tags: demand media video content publishing youtube. READ MORE>>.

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Heal Names Qualcomm's Paul Jacobs As Chairman, Adds Jeb Bush To Board

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Los Angeles-based, on-demand doctor house call service Heal has named former Qualcomm Chairman and CEO Dr. Paul E. Bush was Governor of Florida from 1999 to 2007. Jacobs as its Chairman, and named former Florida Governor Jeb Bush to its board of directors, the company said on Wednesday.

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The Trade Desk Adds $20M

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Ventura-based The Trade Desk , the real time, demand-side advertising platform developer led by Jeff Green, has raised $20M in a Series B funding, the company said today. Jeff Green is a serial entrepreneur, who sold his last company--AdECN--to Microsoft, back in 2007. READ MORE>>.

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Amazon Takes On Local Service Referrals In LA

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Amazon.com is in a bid to take a share of the Los Angeles market for local referrals for handymen and service providers, as Los Angeles continues to be a major launch market for on-demand, services marketplaces. READ MORE>>. amazon local service referral citygrid serviz handybook pathjoy'

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