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SantaMOnica-based Demand Media made a surprise move this morning, saying it has appointed former Ticketmaster CEO Sean Moriarty as its new CEO--and also acquiring Moriarty''s startup, Saatchi Art. According to Demand Media, it paid $17M for Saatchi Art, in a mix of cash and stock, in a deal which will add revenues of $0.5M
Ahead of its IPO, SantaMonica-based Demand Media , the online domain name and media publishing business run by Richard Rosenblatt, updated its IPO filings Thursday, saying that it has granted $30.8M Tags: demand media domain domainer content merger acquisition legitscript. READ MORE>>.
SantaMonica-based online publisher Demand Media said Tuesday afternoon that it has entered into a new, $225M credit facility, split between a $125M revolving credit facility and a $100M term loan. According to Demand Media, the new facility replaces an existing, $105M revolving credit facility. READ MORE>>.
SantaMonica-based Demand Media said this morning it has expanded into the online learning market, and has acquired Creativebug , an online site which provides educational videos around art and carft instruction. Financial details of the acquisition were not disclosed. The firm was based in San Francisco.
SantaMonica-based Demand Media , the online publishing firm headed by Richard Rosenblatt, has updated its S-1 filing, saying it now has around 3 million articles in the firm's library of content. Demand Media has applied to list on the NYSE as DMD, but has not yet set an offering range or pricing on its IPO.
SantaMonica-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 Tags: demand media merger acquisition content richard rosenblatt public. READ MORE>>.
SantaMonica-based online digital media publisher Demand Media keeps on getting bigger and bigger. The company said the growth in revenues came from "strong growth" on its owned & operated content and media properties, plus its acquisition of Creativebug, the arts and crafts instruction site. READ MORE>>.
SantaMonica-based Demand Media has acquired Society6 , an online e-commerce marketplace centered around artists, the company announced Monday afternoon, as part of an effort to expand its content and media platform. artist acquisition merger marketplace ecommerce society6 media demand' READ MORE>>.
In a surprise move, SantaMonica-based Demand Media said Tuesday afternoon that it plans to explore separating its domain name and content businesses into two, independent, publicly traded companies.
SantaMonica-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.
SantaMonica-based Demand Media , the online publishing empire run by Richard Rosenblatt, said Tuesday afternoon that it has acquired two companies, plus renewed a deal with Google. Financial details of the two acquisition was not disclosed. IndieClick was headed by Peter Luttrell, and RSS Graffiti by Ryan Hoffman.
SantaMonica-based Demand Media announced this morning that it has acquired domain registrar Name.com. Demand Media said that Name.com will help the firm as it prepares for the released of new top level domains (TLDs) this year. Demand Media said that Name.com is known for its strog retail footprint.
SantaMonica-based Demand Media said this morning that it has acquired CoveritLive , a developer of a live blogging platform used to provide real time commentary, reader polling, and questions and answers on live events. Demand Media was already a strategic investor in CoveritLive.
SantaMonica-based Demand Media has issued $707,254 in stock as part of the acquisition of a company, according to a regulatory filing from the firm Monday. According to the filing, the firm issued $707,254 in equity, in conjunction with a merger or acquisition on July 1st. READ MORE>>.
SantaMonica-based Demand Media , the online publishing network run by Richard Rosenblatt, had a huge reception in the public markets Wednesday, closing up 32 percent in its initial public offering. Demand, which debuted on the NYSE as DMD this morning, priced at $17.00, but soon shot up to as high as $25.00
SantaMonica-based Demand Media is inching closer to its IPO debut, saying in an updated S-1 this morning that it plans to offer 7.5 Demand said in the filing it plans to sell 4,500,000 shares of the stock in the offering, with selling stockholders selling an additional 3,000,000 shares. READ MORE>>.
The IPO this week of SantaMonica-based Demand Media has drawn widespread attention, with a number of articles yesterday talking about how the firm's market cap exceeded the New York Times Company after the IPO. billion, compared to Demand Media's (DMD) $1.4
SantaMonica-based Demand Media , the online publishing firm headed by Richard Rosenblatt, said today in an S-1 filing that it expects its IPO to be between $14.00 Demand Media runs such sites as LiveStrong and eHow, along with a network of other media and content focused sites. and $16.00
SantaMonica-based Demand Media announced this morning that it has filed paperwork required for the planned separation and spinout of its domain name business. According to Demand Media, its new subsidiary, Rightside Group, Ltd. , According to Demand Media, its new subsidiary, Rightside Group, Ltd. , READ MORE>>.
SantaMonica-based Demand Media surged in its IPO debut Wednesday morning on the NYSE, rising as high as $25.00 Demand Media, which is headed by Richard Rosenblatt, operates a network of content focused sites, including LiveStrong.com and eHow. Demand Media is now trading on the NYSE as DMD. in morning trading.
SantaMonica-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 for Q4 of 2010, up 33 percent from the $55.5M in revenues from Q4 of 2009. for all of 2010.
SantaMonica-based Demand Media , riding high on a successful IPO debut Wednesday, said Thursday that its underwriters have exercised their option to purchase an additional 675,000 shares from Demand Media, and 660,000 shares from selling stockholders at its initial offering price. shares in its IPO, bumping that to 8.9M
SantaMonica-based Demand Media said this morning that it received approximately $77.2M Demand's IPO offering was for 10,235,000 shares of common stock at $17.00 per share, with 5,175,000 shares of the offering coming directly from Demand Media itself, and the rest from other shareholders. READ MORE>>.
SantaMonica-based Demand Media said late Tuesday evening that it has priced its IPO, as well as increased its IPO offering size, and will sell 8,900,000 shares of its common stock at $17.00 Demand Media had initially filed for its IPO in August. per share, and above the initial 7,500,000 shares. Morgan Stnaley & Co.,
SantaMonica-based Demand Media , the newly public online publisher run by Richard Rosenblatt, said this morning that it has launched a $25M, share repurchase program. Demand Media was recently trading at around $7.19 per share, well below its IPO debut price of $17.00 READ MORE>>.
SantaMonica-based Demand Media , the online publishing firm headed by Richard Rosenblatt, is expected to hit the public markets late next week, according to a report today from AllThingsD. Demand Media priced its IPO on January 12th, saying it hopes to debut on the NYSE at between $14.00 and $16.00 and $16.00
SantaMonica-based Demand Media , the well funded Internet content startup headed by Richard Rosenblatt, the former chairman of MySpace, has acquired the domain name Demand.com. Demand Media acquired the domain name from Phoenix-based inter123, a firm owned by Jeffrey Peterson, former founder of Quepasa.com. READ MORE>>.
SantaMonica-based Cornerstone On Demand , which recently filed for an IPO on the NASDAQ Global Market as CSOD, has updated its IPO filings documents with the SEC. due to the change in the fair value of its preferred stock warrant liabilities.
SantaMonica-based Demand Media , the media firm run by Richard Rosenblatt, former Chairman of MySpace, said Wednesday that it has launched a new service which automatically pulls up and links to related content on web pages. Pluck was a developer of social media software for web publishers. READ MORE>>
SantaMonica-based Demand Media said on Friday that it has acquired UK-based The Other Art Fair , an art fair for emerging artists. Financial terms of the acquisition were not announced. Demand Media is led by Sean Moriarty. The Other Art Fair is based in London. READ MORE>>.
Those include a rumor of an IPO at music service Pandora , which is based in Northern California, which was co-founded by UberTwitter's Jon Kraft, a successful IPO for Los Angeles-based Demand Media last month, not to mention companies filed like SantaMonica's Boingo Wireless , San Diego's Fallbrook Technologies , SantaMonica-based Cornerstone On (..)
SantaMonica-based Leaf Group , the publicly traded consumer Internet company best known for running such sites as Saatchi Art, Society6, EHow, and Livestrong, said it is looking to offer and sell approximately $22M in shares of its common stock. Leaf Group says it does not have any specific acquisitions in mind. READ MORE>>.
SantaMonica-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>>.
The list of Southern California companies who have filed, have been rumored to file, or have successfully completed IPOs has gotten a little longer this morning, after SantaMonica-based Cornerstone OnDemand filed for an IPO. Tags: southern california initial public offering exit merger acquisition.
The filing comes on the heels of Demand Media 's kickoff of its roadshow to Wall Street on Wednesday, after it set an initial pricing range on its own IPO offering. The filing of an IPO by Los Angeles-based Boingo Wireless on Friday seems to indicate the interest in public markets by venture-backed, Southern California firms has not abated.
SantaMonica-based Demand Media is bolstering its efforts to reach out towards millennial women, and has acquired LEAFtv. Demand Media also said it has hired Geri Hirsch and Erin Falconer, the founders of LEAFtv, and will expand the LEAFtv brand.
SantaMonica-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. Demand Media acquired Cracked in 2007.
SantaMonica-based Demand Media , the online publishing firm of Richard Rosenblatt, has long been rumored to be in the process of filing for an IPO, but has not done so yet, and service providers in the community suggest there may be a few more in the works. Tags: merger acquisition.
My friend Michael Broukhim, founder & co-CEO of FabFitFun and I recently had a catch-up meeting for 3-miles on the SantaMonica “Bird Trail” No company has ever elicited so many questions by friends, colleagues, entrepreneurs, fellow VCs and journalists as has Bird, the company that pioneered the electronic scooter as a service market.
SantaMonica-based Demand Media said on Friday that it will be changing its name, and will become Leaf Group Ltd. Demand Media did not say why it is changing its name, however, the company has significantly been shifting its business from Internet media, to an online marketplace business. READ MORE>>.
The acquisition by SantaMonica-based Bird of fellow on-demand, scooter service operator Scoot Networks , was worth a mere $25M , according to the WSJ. Bird--which announced the acquisition of Scoot on Wednesday--did not disclose financial details of the deal. READ MORE>>.
SantaMonica-based Anthem Venture Partners has scored two exits in the last week, as Los Angeles-based Demand Media hit a homerun with its IPO Wednesday, and San Diego-based Plixi was acquired by Lockerz Thursday. READ MORE>>.
SantaMonica-based Demand Media , the Internet content publishing run by Richard Rosenblatt, also is widely expected to be in the process of filing for an IPO. Tags: reachlocal advertising small business exit merger acquisition. READ MORE>>.
SantaMonica-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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