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Demand Media Buys Saatchi Art, Appoints Sean Moriarty As CEO

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Santa MOnica-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

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7 Keys To Balancing Business Against Personal Demands

Startup Professionals Musings

Many entrepreneurs, especially women, gravitate to entrepreneurship because they see it as the way to balance work and family demands. These don’t have to be expensive or hard-driving activities like sports competition. That could mean they are forgoing happiness on the business side.

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SUN Plans New Scooter For Crowded On Demand Scooter Market

socalTECH

Is there room on your curb for (yet another) on-demand scooter company? SUN faces some formidable competition in the scooter and mobility market, with very well funded competitors like Bird, Lime, Wheels, Razor, Uber, and Lyft very active across the local market. SUN did not say how many scooters it has deployed. READ MORE>>.

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Demand Media Partners With REI

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Santa Monica-based Demand Media , the online publishing empire run by Richard Rosenblatt, has inked a partnership with outdoor retailer REI. Trails.com is Demand Media's online adventure site, providing trail guides, topographic maps, articles, and other outdoors-related content. The companies announced the deal today. READ MORE>>.

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Washos Hails User Growth For On Demand Auto Detailing

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Los Angeles-based Washos , the developer of an on-demand, auto detailing and car wash app, said today that it has doubled its user base in the last three months. The company said it now has 40,000 active clients using its app, attributing that growth partially to the come-and-go nature of its competitors, plus its focus on consumers.

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Demand Media Sweetens Executive Pot

socalTECH

Ahead of its IPO, Santa Monica-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>>.

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Demand Media Nets $77.2M From IPO

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Santa Monica-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>>.

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