Demand Media Sees Steep Drop In Content Revenues, Cuts Staff
socalTECH
NOVEMBER 6, 2015
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 The company said the drop came due to traffic declines to eHow and lower ad monetization yields.
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