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BUSINESS
August 7, 2010 | By Dawn C. Chmielewski, Los Angeles Times
Demand Media Inc., an emerging media company whose editors and freelancers create online articles and videos based on the information people are searching for, filed an initial public offering Friday. The document does not indicate how much the 4-year-old Santa Monica company hopes to raise from investors. A spokeswoman and attorneys for the company declined to comment. Demand Media has been among a clutch of online companies — including About.com, Answers.com and Mahalo — seeking to corner the "how-to" market.
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BUSINESS
July 12, 2013 | By Cale Ottens
Comedy writer Soren Bowie depends on bursts of inspiration to produce his next great joke. But he says it's no fun to labor for hours in a tiring office cubicle with a chair and computer. Last month, that changed for the Cracked.com writer when his office moved to a new location in Santa Monica he likes much better. Gone are isolating walls and partitions, and Bowie says he can concentrate at work yet still see and communicate with his colleagues across wide-open office spaces. The new space has plenty of flair, including three decked-out kitchens, a pingpong table and meeting rooms decorated with international themes.
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BUSINESS
February 17, 2012 | By Alex Pham, Los Angeles Times
The Internet can be a cruel mistress. Demand Media Inc. found that out the hard way. A year ago the Web company, awash in traffic, was the darling of Wall Street, valued at $1 billion in a Jan. 26 initial public offering. Three months later,Google Inc., which had sent millions of visitors a day to Demand's websites, modified its search results to de-emphasize destinations deemed to have lower-quality content. The change throttled the Santa Monica company's traffic nearly 25% between January and July.
BUSINESS
February 17, 2012 | By Alex Pham, Los Angeles Times
The Internet can be a cruel mistress. Demand Media Inc. found that out the hard way. A year ago the Web company, awash in traffic, was the darling of Wall Street, valued at $1 billion in a Jan. 26 initial public offering. Three months later,Google Inc., which had sent millions of visitors a day to Demand's websites, modified its search results to de-emphasize destinations deemed to have lower-quality content. The change throttled the Santa Monica company's traffic nearly 25% between January and July.
BUSINESS
April 8, 2010 | By Alex Pham
If you can't beat 'em, you can always join 'em. Demand Media Inc., often pilloried by the media pundits as a factory for online content, has struck a deal to provide travel articles and videos for one of the nation's biggest media brands, Gannett Inc.'s USA Today. The arrangement calls for Demand Media to create and maintain a new travel section for USA Today's website called Travel Tips. The section, which debuted Wednesday, is populated by thousands of how-to articles created by Demand's editors and freelancers.
BUSINESS
June 17, 2008 | Joseph Menn, Times Staff Writer
Bicycle racing champion Lance Armstrong is going dot-com in a big way. The seven-time Tour de France winner and cancer survivor is teaming with Santa Monica-based Demand Media Inc. on a for-profit website that helps users stay on track with fitness and weight-loss goals. LiveStrong.com, a spinoff of Armstrong's nonprofit site LiveStrong.org, was scheduled to emerge from a test version Monday. LiveStrong.com will be run by Demand Media, with Armstrong and his Lance Armstrong Foundation getting undisclosed stakes in that new-media company.
BUSINESS
July 16, 2008 | Joseph Menn, Times Staff Writer
Outside Santa Monica's dot-com circuit, the name Richard Rosenblatt doesn't mean much. He's one of those guys who buys and sells empty websites. Some industry insiders also know him as the accused spyware baron who sold MySpace to News Corp. But the excitable 39-year-old USC law school graduate has a plan for the future of Internet media, and $355 million from private investors says he can pull it off. With blinding speed and little notice, Rosenblatt's 2-year-old Demand Media Inc.
BUSINESS
July 12, 2013 | By Cale Ottens
Comedy writer Soren Bowie depends on bursts of inspiration to produce his next great joke. But he says it's no fun to labor for hours in a tiring office cubicle with a chair and computer. Last month, that changed for the Cracked.com writer when his office moved to a new location in Santa Monica he likes much better. Gone are isolating walls and partitions, and Bowie says he can concentrate at work yet still see and communicate with his colleagues across wide-open office spaces. The new space has plenty of flair, including three decked-out kitchens, a pingpong table and meeting rooms decorated with international themes.
CALIFORNIA | LOCAL
April 8, 2010
Airline merger appears revived An agreement between US Airways and United may mean higher ticket prices, experts say. AA2 Mideast peace The U.S. has considered offering its own proposal to break the Israeli-Palestinian logjam. AA2 Sen. Boxer touts jobs Girding for a tough reelection fight, she tells a Valley business group that more gains await the state. AA3 Pauley Pavilion UCLA reduces the amount of student fees to be used in the basketball venue's renovation.
BUSINESS
June 3, 2011 | By Alex Pham, Los Angeles Times
Pandora Media Inc., which announced plans earlier this year to sell its stock in an initial public offering, said it and its investors were seeking to raise as much as $123 million — an amount that would value the Internet radio pioneer at about $1.4 billion. The proposal, filed Thursday with the Securities and Exchange Commission, calls for the Oakland company to sell a little more than 5 million shares, priced between $7 and $9 a share. Pandora's stakeholders, meanwhile, expect to offer 8.7 million shares.
BUSINESS
July 2, 2011 | By Alex Pham and Dawn C. Chmielewski, Los Angeles Times
Zynga Inc.'s bid to cash in on Wall Street's voracious appetite for Internet stocks comes with a tantalizing prospect — a highly profitable online game business. The social gaming juggernaut hopes to raise $1 billion in an initial public offering of its stock, according to its filing with the Securities and Exchange Commission on Friday. That would value the creator of FarmVille, CityVille and other popular games on Facebook at about $10 billion. Zynga's filing follows stock offerings from a cluster of Internet companies, including Pandora Media Inc., LinkedIn Corp.
BUSINESS
June 3, 2011 | By Alex Pham, Los Angeles Times
Pandora Media Inc., which announced plans earlier this year to sell its stock in an initial public offering, said it and its investors were seeking to raise as much as $123 million — an amount that would value the Internet radio pioneer at about $1.4 billion. The proposal, filed Thursday with the Securities and Exchange Commission, calls for the Oakland company to sell a little more than 5 million shares, priced between $7 and $9 a share. Pandora's stakeholders, meanwhile, expect to offer 8.7 million shares.
BUSINESS
January 28, 2011 | By Jessica Guynn, Los Angeles Times, Reporting from San Francisco
In one of the most anticipated stock market debuts of the year, LinkedIn Corp. plans to raise as much as $175 million in an initial public offering. The Mountain View, Calif., company, which runs the largest networking site for professionals, became the first major social networking site to file a prospectus with the Securities and Exchange Commission on Thursday. It is widely believed that LinkedIn could raise about $200 million in the offering. The move could signal an end to the long dry spell for major Internet IPOs.
BUSINESS
January 26, 2011 | By Alex Pham, Los Angeles Times
Demand Media Inc., the Santa Monica company that is often derided as a content farm, is about to harvest a bumper crop. The company Tuesday priced its initial stock public offering at $17 a share, valuing the company at about $1.5 billion. Demand Media initially expected to sell 7.5 million shares at $14 to $16 a share, but investor interest was strong enough to lift the deal to 8.9 million shares at $17 each. "It's generally positive when deals price above their range," said Ben Holmes, an IPO analyst with Morningnotes.
BUSINESS
August 7, 2010 | By Dawn C. Chmielewski, Los Angeles Times
Demand Media Inc., an emerging media company whose editors and freelancers create online articles and videos based on the information people are searching for, filed an initial public offering Friday. The document does not indicate how much the 4-year-old Santa Monica company hopes to raise from investors. A spokeswoman and attorneys for the company declined to comment. Demand Media has been among a clutch of online companies — including About.com, Answers.com and Mahalo — seeking to corner the "how-to" market.
CALIFORNIA | LOCAL
April 8, 2010
Airline merger appears revived An agreement between US Airways and United may mean higher ticket prices, experts say. AA2 Mideast peace The U.S. has considered offering its own proposal to break the Israeli-Palestinian logjam. AA2 Sen. Boxer touts jobs Girding for a tough reelection fight, she tells a Valley business group that more gains await the state. AA3 Pauley Pavilion UCLA reduces the amount of student fees to be used in the basketball venue's renovation.
BUSINESS
January 28, 2011 | By Jessica Guynn, Los Angeles Times, Reporting from San Francisco
In one of the most anticipated stock market debuts of the year, LinkedIn Corp. plans to raise as much as $175 million in an initial public offering. The Mountain View, Calif., company, which runs the largest networking site for professionals, became the first major social networking site to file a prospectus with the Securities and Exchange Commission on Thursday. It is widely believed that LinkedIn could raise about $200 million in the offering. The move could signal an end to the long dry spell for major Internet IPOs.
BUSINESS
July 2, 2011 | By Alex Pham and Dawn C. Chmielewski, Los Angeles Times
Zynga Inc.'s bid to cash in on Wall Street's voracious appetite for Internet stocks comes with a tantalizing prospect — a highly profitable online game business. The social gaming juggernaut hopes to raise $1 billion in an initial public offering of its stock, according to its filing with the Securities and Exchange Commission on Friday. That would value the creator of FarmVille, CityVille and other popular games on Facebook at about $10 billion. Zynga's filing follows stock offerings from a cluster of Internet companies, including Pandora Media Inc., LinkedIn Corp.
BUSINESS
April 8, 2010 | By Alex Pham
If you can't beat 'em, you can always join 'em. Demand Media Inc., often pilloried by the media pundits as a factory for online content, has struck a deal to provide travel articles and videos for one of the nation's biggest media brands, Gannett Inc.'s USA Today. The arrangement calls for Demand Media to create and maintain a new travel section for USA Today's website called Travel Tips. The section, which debuted Wednesday, is populated by thousands of how-to articles created by Demand's editors and freelancers.
BUSINESS
July 16, 2008 | Joseph Menn, Times Staff Writer
Outside Santa Monica's dot-com circuit, the name Richard Rosenblatt doesn't mean much. He's one of those guys who buys and sells empty websites. Some industry insiders also know him as the accused spyware baron who sold MySpace to News Corp. But the excitable 39-year-old USC law school graduate has a plan for the future of Internet media, and $355 million from private investors says he can pull it off. With blinding speed and little notice, Rosenblatt's 2-year-old Demand Media Inc.
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