News

How Google Decimated A $US2 Billion Search Business

Demand Media, the Santa Monica firm whose network includes eHowand eNom, was valued at over $US2 billion when it went public in 2011. Now it is only worth about a quarter of that, and its founder and original chief innovation officer are no longer with the company. As Variety reports, […]
How Google Decimated A $US2 Billion Search Business
Tech

Demand Media Cofounder And CEO Richard Rosenblatt Is Out

Demand Media said its cofounder and CEO Richard Rosenblattis leaving the company. He resigned his role as chairman effective immediately and his last day as CEO is October. 31. Another cofounder, Shawn Colo, is stepping up to be interim CEO. The company did not say why they were making the […]
Demand Media Cofounder And CEO Richard Rosenblatt Is Out
Markets

Dennis Kozlowski’s Out Of Jail! Here’s What His New Life Is Like…

[credit provider=”AP Images” url=”http://www.apimages.com/OneUp.aspx?st=k&kw=dennis%20kozlowski&showact=results&sort=relevance&intv=None&sh=10&kwstyle=and&adte=1332179713&pagez=60&cfasstyle=AND&rids=5dbbbed21be1da11af9f0014c2589dfb&dbm=PY2005&page=1&xslt=1&mediatype=Photo”] A little over a month ago, Dennis Kozlowski heard six magic words he’s been dreaming about for the past seven years; “Pack up, you’re on the draft.” In prison, being ‘on the draft’ means you’re either going home, or being sent off to a work release […]
Dennis Kozlowski’s Out Of Jail! Here’s What His New Life Is Like…
News

One Of Demand Media’s Founders Left With An Amusingly Slim Payout

[credit provider=”Flickr/colinroots” url=”http://www.flickr.com/photos/colinroots/1446041181/in/photostream/”] On Monday afternoon, news got out that Demand Media was parting ways with three of its founders and EVPs at once — though the timing, they said, was “just coincidence.”According to SEC filings by the company, it looks like one of those exiting executives, Larry Fitzgibbon — […]
One Of Demand Media’s Founders Left With An Amusingly Slim Payout
News

Demand Media Is Cutting Back On Its Massive Volume Of Writing

In an email sent to Demand Media’s thousands of freelance writers the company laid out a rather significant shift in strategy.The so-called “content farm” is cutting back, a process it mentioned in its Q1 report. It will be assigning fewer stories because it feels like it already has a strong […]
Demand Media Is Cutting Back On Its Massive Volume Of Writing
Tech

Demand Media Gets Upgraded To A Buy!

[credit provider=”Flickr/Woychukb” url=”http://www.flickr.com/photos/woychuk/3606004182/”] After last night’s strong earnings report, Jefferies analyst Youssef Squali is upgrading Demand Media to a “buy.”Here’s Squali’s bullet points for why he’s excited about the company:
Demand Media Gets Upgraded To A Buy!