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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 The company said the drop came due to traffic declines to eHow and lower ad monetization yields. The company reported a total, Q3 revenue of $28.5M. in revenues.

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Demand Media Expected To Hit Market Next Week

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Santa Monica-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. Citing "numerous" sources, the report says that Demand will launch its public offering late in the week, as the firm completes its road show.

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