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Leaf Group Seeks To Raise $22M For Acquisition, Other Efforts

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Santa Monica-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.

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Demand Media Expands Into Online Learning, Buys Creativebug

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Santa Monica-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.

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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 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>>.

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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. Demand Media acquired Cracked in 2007.

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Demand Media Files For IPO

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Santa Monica-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>>.

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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 Buys CoveritLive

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Santa Monica-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. READ MORE>>.

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