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Demand Media's Rosenblatt Resigns

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In a surprise move, Santa Monica-based Demand Media said late Monday that founder, Chairman, and CEO Richard Rosenblatt has resigned from the company. Demand Media said that it has appointed Shawn Colo as interim President and interim CEO, effective immediately, with James Quandt taking the Chairman position.

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Demand Media Loses Chief Revenue Officer

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Santa Monica-based Demand Media has lost its Chief Revenue Officer, Jeff Dossett, to startup Porch.com , only eight months after Dossett was named to the position after the loss of former Chief Revenue and Marketing Officer Bradford. porch jeff dossett chief revenue officer demand media executive everest'

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Demand Media Spins Off Rightside

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Santa Monica-based Demand Media has completed its spinoff of Rightside Group , its domain name registration business, as a tax-free distribution this morning. Demand Media has been in the midst of spinning off Rightside Group for over a year. READ MORE>>.

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Demand Media Sells Creativebug, CoveritLive

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Santa Monica-based Demand Media said Monday that it has sold both its Creativebug. According to Demand Media, the move will "streamline" its approach to its business, and will help it refocus attention on its overall growth strategies. demand media creativebug coveritlive othermedia scribblelive'

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Demand Media Buys Saatchi Art, Appoints Sean Moriarty As CEO

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Santa MOnica-based Demand Media made a surprise move this morning, saying it has appointed former Ticketmaster CEO Sean Moriarty as its new CEO--and also acquiring Moriarty''s startup, Saatchi Art. demand media saatchi sean moriarty executive merger acquisition' to $1M per quarter to the company.

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Demand Media Names New Content Marketing Executive

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Santa Monica-based Demand Media is building out its executive team today, saying that it has named Scott Lehr as its new Senior Vice President and General Manager of Content Solutions. Demand Media said Lehr wlil focus on growing its content marketing practice. READ MORE>>.

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Demand Media Gets $225M Credit Facility

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Santa Monica-based online publisher Demand Media said Tuesday afternoon that it has entered into a new, $225M credit facility, split between a $125M revolving credit facility and a $100M term loan. According to Demand Media, the new facility replaces an existing, $105M revolving credit facility. READ MORE>>.

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