Demand Media Reports Profit

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Santa Monica-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 The firm also reported net income of $1.0M, versus $3.9M The firm reported net loss of $5.3M Demand Media hit the NYSE as DMD on January 26th, in what had been one of the biggest anticipated IPOs this year.

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Demand Media Cuts 15, Says Report

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Los Angeles-based Demand Media has juts cut fifteen members of the company''s research and development unit, according to a report from Variety. According to the report , the cuts included Chief Innovation Officer Byron Reese, and were a result of the abrupt resignation of CEO Richard Rosenblatt last week. demand media layoff jobs employment richard rosenblatt turnover content

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Demand Media Names Accounting Head

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Santa Monica-based Demand Media said Monday afternoon that it has named Wendy Voong as the company's new Chief Accounting Officer. Voong was most recently Senior Director, North America Accounting and Reporting for Activision, and also has served at Ernst & Young. Demand Media said Voong was responsible for Activision's SEC reporting and quarterly close cycle. demand media executive finane accounting wendy voong activision

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Report: Demand Media Snags Another Yahoo Vet

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A report Friday afternoon from the WSJ's Kara Swisher says that Santa Monica-based Demand Media has snagged yet another Yahoo executive, this time, Yahoo VP of Brand Packaging Erika Nardini. The move comes shortly after Demand hired former Yahoo Head of U.S. Swisher also says that Yahoo program manager Sarah Northern also tendered her resignation and is joining Demand. Tags: demand media executive yahoo

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Demand Media Names New CFO

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Santa Monica-based Demand Media said Thursday that it has named a new CFO, appointing Rachel Glaser to the position. The announcement came as part of Demand Media''s quarterly results announcement, where the company reported 2014 revenues of $172.4M. Sean Moriarty, who is now heading up Demand Media, said the company saw strong growth in its marketplace businesses, including Society6 and Saatchi Art. demand media executive

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Report: Demand Media Targets Critical Blog

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Santa Monica-based Demand Media , the online content publishing empire run by Richard Rosenblatt, is targeting a blog which has been posting internal documents and criticism of the company. According to a report from Forbes, the firm has sent a cease-and-desist letter to Demand Studio Sucks , alleging copyright infringement. The site appears to have been created by an unhappy, freelance contributor to Demand Media in May of 2010.

Demand Media Shuffles CFO

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Santa Monica-based online publisher Demand Media reported Thursday that it is shuffling its CFO, and is promoting its Senior Vice President, Finance and Treasurer Mel Tang to the CFO position. Current CFO Charles Hilliard becomes a Special Advisor to Demand Media's board of directors. Hilliard has at Demand Media for five years. demand media executive content publisher

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Report: Demand Media Passed Up $1.2B Go Private Deal

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Los Angeles-based Demand Media just passed up a deal to go private, according to a report over the weekend from the WSJ's AllThingsD, which says that the firm--headed by Richard Rosenblatt--ultimately decided to pass on the offer from private equity shop Thomas H. billion to take Demand Media private, but the offer was ultimately declined due to financing and ability to retain executives after an acquisition, according to the report.

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Demand Media Content Revenues Continue To Plunge

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Santa Monica-based Demand Media reported its quarterly earnings Monday afternoon, revealing a precipitous decline in the company's content revenues. Demand Media said that its Content and Media revenues dropped 40%, from $22.5M Demand Media and CEO Sean Moriarty have been looking to reshape the company in the face of strong headwinds for the company's traditional content generation business. demand media online content earnings

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Demand Media Revenues, Profits Up

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Demand Media , the online media publishing firm headed by Richard Rosenblatt, reported record revenues and profitability, the firm said Monday afternoon, as its released its third quarter results. The firm's total revenues grew to $98.1M, up 20 percent from Q3 of 2011 when it reported revenues of $81.5M. Demand Media was boosted by its video efforts and its partnership with YouTube, among other efforts.

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Fullscreen Media Shuts Down Video On Demand Service

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Los Angeles-based Fullscreen Media says it is shutting down its video on demand service , and instead putting its resources into its other efforts, after a two year run. According to reports, about 25 employees are being laid off as a result of the shutdown of the service, which had offered up access to subscription content for $6 a month. fullscreen media video demand shutdown deadpool content hollywood streaming subscription

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Demand Media Loses CFO As Revenues Decline

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Santa Monica-based Demand Media said Monday afternoon that it has lost its CFO, Mel Tang, who the company said will depart at the end of the year. The announcement was made as Demand Media reported its third quarter 2014 results. Demand Media reported $41.3 ‌in revenues for the third quarter, down from $50.7M The company also reported a net loss of $223.8M, compared with a loss a year ago of $10.4M. demand media executive revenues quarterly

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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 reported a total, Q3 revenue of $28.5M. Demand Media also revealed that it has realigned personnel, reduced headcount, and consolidated its offices in the third quarter--as well as selling what it says are "non-core media properties"--as an effort to improve the long term profitability of the company.

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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 firm reported its latest quarterly results Tuesday, reporting $100.6M The company also reported net income of $0.7M demand media earnings domain content publishing creativebug in total revenues, its second $100M plus quarter. for its quarter, which ended March 31, 2013.

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Demand Media Names eNom Head

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Santa Monica-based Demand Media has appointed a new head of its eNom domain name registration services group, the firm said today. Demand Media said it has promoted Taryn Naidu to EVP and General Manager, eNom. Naidu was previously Senior Vice President, replacing Michael Blend, who Demand Media said will work full time on special projects for Demand Media. Blend now reports directly to Richard Rosenblatt, CEO of the firm.

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Demand Media Sweetens Executive Pot

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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 Among other updates the firm added to its S-1 filing, the firm reported it now has eight patents granted--up from five--for its intellectual property, and an additional sixteen pending in the United States and other jurisdictions.

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Report: Demand Media Snags Yahoo VP

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Los Angeles-based Demand Media , the online media venture of Richard Rosenblatt, has apparently scored a high profile executive from Yahoo, according to reports. Revenue and Market Development, is leaving Yahoo for Demand Media to serve as Chief Revenue Officer. Tags: bradford joanne yahoo executive media demand

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Demand Media Snags Jeff Dossett

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Jeff Dossett , the former CEO of adventure travel site AdventureLink and former SVP at Yahoo, has reportedly joined Demand Media as SVP of Content Partnership Development. According to a report from the WSJ's AllThingsD, which first reported the move, Dossett will focus on content distribution. Tags: demand media executive president adventurelink

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Report: Demand Media Sorting Out Accounting Before IPO

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A report today says that the latest updates to Demand Media's S-1 are a result of government scrutiny over how the firm is accounting for content developed for its sites. According to AllThingsD, Demand has been discussing how it accounts for content developed for the site with government regulators, over issues of how best to amortize those expenses. AllThingsD said the accounting questions have delayed Demand Media's roadshow until the beginning of the year.

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Demand Media Revenues, Pageviews Grow

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Santa Monica-based Demand Media , the online content publishing firm run by Richard Rosenblatt, reported its second quarter 2012 financial results on Tuesday afternoon, saying that both its revenues and pageviews grew from year to year. Demand Media said it had total revenues of $93.1M The company also reported a healthy rise in pageviews across both its own sites as well as its network, with pageviews hitting 3.3 demand media content dmnd internet pageviews earnings

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Report: Demand Selects Goldman Sachs For IPO Effort

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Los Angeles-based Demand Media , the online content publishing firm run by Richard Rosenblatt, has reportedly selected Goldman Sachs to run its IPO effort, according to a report this evening from the Financial Times. The report says that Demand Media has hired Goldman Sachs to explore an initial public offering for the firm. Tags: demand media richard rosenblatt goldman sachs merger acquisition

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Report: Bird Looking For $300M More

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Santa Monica-based on-demand scooter rental startup Bird is in the midst of raising $300M more in a funding round, according to a report on Wednesday. The report said the funding, led by Fidelity, is an extension to Bird's latest funding, and will be at a $2 bilion pre-money valuation. Bird raised $300M in an earlier tranche of the same round in June of 2018, which included Sequoia Capital, Accel, B Capital, CRV, Sound Ventures, Greycroft and e.ventures. READ MORE>>.

The next big restaurant chain may not own any kitchens

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As we reported at the time, Travis announced that he would be starting a new fund with the riches he made from Uber shares sold in its most recent major secondary round. If anyone is aware of the massive market potential for leveraging on-demand services, it’s Kalanick.

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 Among warrant holders of the firm's stock are Lane Armstrong and his foundation--which has lent Armstrong's backing of LiveStrong.com, the firm's health and fitness portal--Bobbi Brown; Tyra Banks--who recently started fashion site with Demand--and InfoSearch Media.

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Demand Media Names Blend As President, COO

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Santa Monica-based Demand Media said yesterday that it has promoted Michael Blend to President and COO of the firm. Blend had most recently been leading Demand's content and media services. Demand Media said that Blend will continue to report to Richard Rosenblatt. demand media executive president dmnd

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Demand Media Sees Steep Drop In Content Revenues

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Santa Monica-based Demand Media reported a steep drop in revenues for the last quarter, saying that it had $89.8M According to Demand Media, the drops were the result of a 24 percent decline in content and media revenue, which came despite a slight increase in traffic. Demand Media recently split out those operations into a separate, publicly traded company, Rightside Group. Demand Media operates such sites as eHow, Livestrong, and CollegeHumor.

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Machinima, Demand Media, Maker Studios Among Top YouTube Channels

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According to a new report from comScore, measuring the popularity of YouTube Channels, Los Angeles-based Machinima saw around 16.9 minutes per viewer; Santa Monica-based Demand Media had 15.2 streaming video content comscore youtube studios maker media demand machinima

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Demand Media Increases Revenues, Posts Loss

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Santa Monica-based Demand Media , the online publishing firm headed by Richard Rosenblatt, announced its third quarter 2011 financial results on Monday, saying that it had a loss from operations of $3.3M, with a rise in revenues to $81.5M. The firm saw increases in revenues in both its content & media segment, as well as its domain registration business, reporting 27 percent increase in content and media revenue, and 20 percent increase in its registrar revenue.

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Demand Media Launches Long Form Article Effort

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Santa Monica-based Demand Media , the online publisher which runs such sites as eHow.com, typeF.com, and LIVESTRONG.COM, said Thursday afternoon that it is launching a new effort focused on long-form web content. Demand Media said the new articles will look like "traditional" feature-length articles, including original reporting, exclusive quotes, and side-bars. freelance writer journalism writing livestrong ehow content publisher publishing editorial media demand

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Demand Media Defends Fiscal Outlook

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Santa Monica-based Demand Media , the online publishing firm headed by Richard Rosenblatt, said Sunday that it is reaffirming its financial outlook for fiscal year 2011. The firm said its estimates, provided February 22nd, still stand, despite a third party report that search engine algorithms made at Google have impacted eHow, the company's question and answer site. Demand Media said that that report "significantly overstated" the negative impact of those Google changes.

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Demand Media Revenues Up In Q1

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Santa Monica-based Demand Media reported its results Thursday, saying that it had a net loss of $5.6 in revenues the firm reported in Q1 of 2010. Demand Media said the revenues numbers were driven by continued momentum from its owned and operated sites. Demand also mentioned strong direct brand advertising sales helped its results. The results are the first as a public company for Demand, since its IPO in January.

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Demand Media Names Investor Relations Head

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Santa Monica-based Demand Media has hired on an investor relations head, the company announced today. Demand Media said it has appointed Julie MacMedan as its Vice President, Investor Relations, reporting to CFO Charles Hilliard. The new executive addition comes five months after Demand's IPO debut on the NYSE as DMD. demand media executive investor relations

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Hackers Threaten To Release New Disney Pirates Movie, Demand Ransom

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Disney's upcoming film, Pirates of the Caribbean: Dead Men Tell No Tales , has reportedly been stolen by hackers, who are now demanding ransom from Disney to prevent the release of the title online. According to both Deadline and THR , the hackers are demanding an "enormous amount" of money, paid in Bitcoin, to keep the title from being posted online.

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Websense Reports Strong Demand, Ups Estimates

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San Diego-based Websense , a developer of web security products, said Wednesday that it is seeing strong demand for the firm's new Web Security Gateway and appliances, and is also benefiting from currency exchange rates, and upped its guidance range Wednesday. According to the firm, it has been seeing growing demand for its product for the last five quarters--pushing its expected, full year operating cash flow to more than $90M, up from its guidance of $80M.

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Demand Media Snags Yahoo Exec

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Los Angeles-based Demand Media , the online media venture of Richard Rosenblatt, announced Monday afternoon that it has hired on Joanne Bradford, most recently Yahoo's SVP of U.S. According to Demand, Bradford will oversee brand advertisers on the firm's top 20 owned and operated web sites. Bradford reports to Rosenblatt. Tags: bradford joanne yahoo executive media demand

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