Rightside Group, Ltd., (NAME) today announced through a press release the members of its board of directors and executive management team following the completion of Rightside’s spin-off from Demand Media, Inc.® on August 1, 2014. I Rightside Board of Directors Rightside’s board is composed of three independent members and two non-independent members. The board is structured with three … [Read more...]
As Rightside (futures) Starts Trading Its Market Cap Is 260M Of Demand’s $465M
Rightside, the spin off of Demand Media which begins formal trading on August 1, started to trade on Friday on a pre-issue basis on the symbol NAMEV. Although shares are lightly traded the price is $14.30 which is up from an opening of $14 a share. Interestingly the market cap of Rightside as its trading under … [Read more...]
SeekingAlpha Issues Brutal Opinion On Demand Media/Rightside: “Titanic Will Hit The Iceberg”
SeekingAlpha.com published what can only be described as a brutal assessment on shares of Demand Media, Inc last yesterday after Demand said it would spin off its Rightside division into a separate public company on August 1st as well as on Rightside. The post entitled; Demand Media: Titanic Will Hit The Iceberg Here is are the conclusions from the article: "eHow.com and Livestrong.com … [Read more...]
If Your Looking For A Generic .Democrat, They Are In Short Supply & Carry Premium Prices
I was going though some generic .Democrat new gTLD domain names yesterday to see what premium generic domains are available for Preregistrations as the extension goes live tomorrow. Its expected that many candidates will grab their .Democrat domain name when running for office. However when it comes to generic domain names .Democrat domains are either not available as being on the collision … [Read more...]
Demand Reports: Registrar Revenue Increases 12% in 4Q and 10% Year-over-Year
Demand Media, Inc. (DMD) reported its financial results for the fourth quarter and fiscal year ended December 31, 2013. Q4 2013 Financial Summary: Total revenue ex-TAC declined 3% year-over-year, with 12% year-over-year growth in Registrar revenue offset by an 11% decline in Content & Media revenue ex-TAC. Excluding the acquisitions of Society6 and Name.com, total revenue ex-TAC … [Read more...]
Rightside Announces They Have Over 40 Registrars On Board To Carry Their New gTLD’s
Rightside™, the domain name services business of Demand Media (NYSE: DMD), today announced new partnerships with many of the world’s leading registrars to bring its portfolio of new Top Level Domains (TLDs) to market. More than 40 registrars – including GoDaddy, Web.com, 1&1 and Host Europe, and Rightside affiliates eNom and Name.com have signed registrar agreements with Rightside Registry, … [Read more...]
Demand Media Files With SEC To Spin Off Domain Registries and Registrars Into Rightside
Demand Media, Inc. (DMD), a leading media and domain name services company, today announced that its newly formed wholly owned subsidiary, Rightside Group, Ltd. (“Rightside”), has filed a Form 10 registration statement with the Securities and Exchange Commission in connection with the planned spin-off of Rightside as an independent publicly traded company. "The filing marks an important step … [Read more...]