Shares of Demand Media, Inc (DMD) have hit a 52 week low, dropping over 20% in trading today. As of publication shares of Demand Media, Inc. are trading at $6.21 down $1.96…
Category: Demand Media
Demand Media Acquires Society6 For $95 Million & Lowers Revenue Guidance For 2Q
In two announcements today Demand Media (DMD) acquired Society6, an e-commerce marketplace for artwork and related merchandise for $94 Million dollars. Society6, had 2012 revenue of $15M. The purchase price will be…
Demand Media Rolls Out Designs.com For New gTLD’s
According to a press release just out, Demand Media(R) (NYSE: DMD), announced the debut of Designs.com, the latest step in the company’s efforts to facilitate the launch of upcoming generic Top Level…
Demand Media Acquires Arts & Crafts Video Content Provider CreativeBug
According to a Press Release out today, Demand Media® (DMD) announced the acquisition of Creativebug, “the go-to source for high-quality, online video art and craft instruction”. Terms of the deal were…
Demand Media Considering A Separate Co. For Registrar, Registry & Aftermarket
Demand Media(DMD) today announced that its board of directors has authorized a plan to explore separating its business into two independent, publicly-traded companies: A pure-play media company with a powerful outsourced content…
Demand Reports: Content Revenue Up 25%; Registrar Up 10%: Domains Up to 13.7 Million
Demand Media, Inc.(DMD), today reported financial results for the fourth quarter and fiscal year ended December 31, 2012 and combined with Demand’s statement that they are considering spiting the company into to different public…
Breaking: Demand Media Acquires Name.com
Demand Media, Inc. (DMD) , announced the acquisition of Denver-based Name.com an ICANN accredited registrar with almost 1.5 Million domains under registration “The acquisition is intended to expand Demand Media’s platform as…