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Demand Media Sees Steep Drop In Content Revenues, Cuts Staff

socalTECH

Santa Monica-based Demand Media is continuing to see a steep drop in revenues from its content and media efforts, reporting Thursday afternoon that it had $15.9M in revenues from its Content & Media segments, compared with $33.6M in the same quarter in 2014. The company reported a total, Q3 revenue of $28.5M.

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What I Learned in 2014: Kevin Winston

socalTECH

My most significant event of 2014 is definitely Silicon Beach Fest, the multi-day tech community fest, which just keeps getting bigger. Silicon Beach Fest 2014 attracted more than 2,000 attendees, with more than 350 speakers, of which more than one third were women. What was your biggest lesson learned this year?

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Creativebug Acquired By Jo-Ann Stores

socalTECH

Creativebug , the online educational video site for the arts and crafts market which was last owned by Otter Media , the joint venture between AT&T and The Chernin Group, has been acquired by Jo-Ann Stores , the arts and crafts retailer. Financial terms of the acquisition were not announced. READ MORE>>.

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Rightside Acquired By Donuts Inc. For $213M

socalTECH

the domain name spinoff of Santa Monica-based Demand Media, the company announced on Wednesday. Rightside spun out of Demand Media back in 2014. Donuts Inc. , the global, top level domain (gTLD) registrar and domain owner has Rightside Group Ltd. , The deal is worth approximately $213M, or $10.60 per share in cash.

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The brains behind one of marketing’s biggest hits are out to reshape the industry again… with direct mail

TechCrunch LA

Founded by some of the men responsible for the biggest hits in online marketing (like the Dollar Shave Club commercial that launched what became a billion dollar acquisition ) think that its time to take technology where it’s never gone before — into targeted, direct mail campaigns using the best ad-targeting that money can buy.

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TechZulu Presents: The Annual Startup Forecast

Tech Zulu Event

TechZulu is excited to invite you to the 2014 Startup and Entrepreneurial Forecast taking place on Tuesday Jan. We will have a line up of amazing panelist who will share their insights and forecast for startup trends in 2014. He has raised more than $200 million on behalf of his companies and led more than 30 acquisitions.

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Don’t Let Faux Unicorns Screw Up Your Financing

InfoChachkie

It is no secret that the number of private companies with valuations in excess of one billion dollars has skyrocketed since the start of 2014. As show in CBInsight’s chart, the number of such “unicorns” created during the first half of 2014 was roughly equivalent to the number created during the prior three years.

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