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Demand Media Shuffles Execs

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Santa Monica-based Demand Media has had another shuffle in its executive ranks, saying late Thursday that it has named Brian Pike, currently its Chief Technology Officer, to the role of Chief Operating Officer. Pike had joined Demand Media in November of 2014 from Rubicon Project, where he also served as CTO.

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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 executive revenues quarterly' 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 three months ended June 30, 2014, down from the $101.1M Demand Media recently split out those operations into a separate, publicly traded company, Rightside Group. READ MORE>>.

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Demand Media Names New CFO

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Santa Monica-based Demand Media said Thursday that it has named a new CFO, appointing Rachel Glaser to the position. The announcement came as part of Demand Media''s quarterly results announcement, where the company reported 2014 revenues of $172.4M. demand media executive' READ MORE>>.

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Vertical Networks Acquired By Whistle

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Santa Monica-based Vertical Networks , a "mobile-first" content studio which was backed by Snap , has been acquired by New York-based entertainment and sports media company Whistle. Financial terms of the acquisition were not announced. Vertical Networks was founded by Elisabeth Murdoch. READ MORE>>.

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Demand Media Sees Steep Drop In Content Revenues, Cuts Staff

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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.

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Rightside Acquired By Donuts Inc. For $213M

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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.