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Demand Media Loses CFO As Revenues Decline

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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

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Demand Media Gets Second $100M+ Quarter

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Santa Monica-based online digital media publisher Demand Media keeps on getting bigger and bigger. The company also reported net income of $0.7M for its quarter, which ended March 31, 2013. demand media earnings domain content publishing creativebug' in total revenues, its second $100M plus quarter. READ MORE>>.

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Demand Media Sees Steep Drop In Content Revenues

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Santa Monica-based Demand Media reported a steep drop in revenues for the last quarter, saying that it had $89.8M in revenues for the similar quarter in 2013. According to Demand Media, the drops were the result of a 24 percent decline in content and media revenue, which came despite a slight increase in traffic. READ MORE>>.

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Los Angeles To See Clearwire LTE In 2013

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Los Angeles is one of the cities set to get LTE from wireless carrier Clearwire , after the company outlined its roll out plans for its 4G network. The new LTE network is targeted at "hot zones" within those cities where there is high demand for 4G mobile broadband. READ MORE>>.

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Homejoy Shuts Doors To On-Demand Home Services

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Homejoy , one of the many, on-demand startups serving the Los Angeles area, said today that it will be shutting down its services, and will be closing on July 31st. READ MORE>>.

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How Online Video Companies Can Increase Margin and Build Better Businesses

Both Sides of the Table

In my last post I pointed out that many of the media commentators who have criticized the YouTube video network companies as not having strong businesses were mistaken. The next part of the margin mix online video companies must get control of is talent margins. The best companies look at data to know what time to post.

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uSamp Names Marketing Chief

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Los Angeles-based market research technology provider uSamp announced this morning that it has promoted Andy Jolls to the post of Chief Marketing Officer for the company. Jolls has been SVP of Global Marketing Communications for the firm since 2013, and previously served at Cooking.com, FICO, Move.com, Hewlett Packard, and Apple Computer.

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