Key Developments: Demand Media Inc (DMD)

DMD on New York Consolidated

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31 Jul 2015
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Latest Key Developments (Source: Significant Developments)

Demand Media onboards Rachel Glaser as CFO
Thursday, 30 Apr 2015 04:05pm EDT 

Demand Media:Says Rachel Glaser has joined its executive team as Chief Financial Officer and that seasoned business executive Tawn Albright has been named Executive Vice President, Corporate Development.  Full Article

Demand Media Inc announces resignation of president - Form 8-K
Tuesday, 17 Feb 2015 05:03pm EST 

Demand Media Inc:Says on Feb. 13, 2015, Shawn Colo notified the board that he will be resigning from his position as president and as a member of the board, each effective as of the close of business on Feb. 20, in order to pursue other opportunities.  Full Article

Demand Media Inc announces Chief Financial Officer transition at end of year
Monday, 10 Nov 2014 04:05pm EST 

Demand Media Inc:Says Mel Tang, its Chief Financial Officer, will depart at the end of the year.Says he will assist in the transition of the company's finance and accounting functions through March 31, 2015.Says a search for a new CFO is underway.  Full Article

Demand Media Inc appoints Sean Moriarty as Chief Executive Officer
Monday, 11 Aug 2014 09:00am EDT 

Demand Media Inc:Says appointment of Sean Moriarty as Chief Executive Officer and board director.Shawn Colo, Demand Media co-founder and Interim Chief Executive Officer has been appointed President and will join the board of directors.  Full Article

Demand Media Inc to complete tax-free spin-off of Rightside Group
Wednesday, 16 Jul 2014 09:00am EDT 

Demand Media Inc:Says the U.S. Securities and Exchange Commission (SEC) has declared the Rightside Group Ltd registration statement on Form 10 effective.And also that the board of directors of Demand Media has approved the separation of Rightside from Demand Media in the form of a tax-free dividend involving the distribution of all outstanding shares of Rightside common stock to holders of Demand Media common stock on Aug. 1.Demand Media's board of directors also determined to implement a reverse stock split of Demand Media's common stock at a reverse stock split ratio of 1-for-5 immediately following the distribution.Demand Media stockholders will receive one share of Rightside common stock for every five shares of Demand Media common stock held by such holders.Following the distribution, Demand Media will effect a 1-for-5 reverse stock split of its outstanding and treasury shares of common stock.Immediately after the distribution is completed, Rightside will be an independent, publicly traded company.  Full Article

Demand Media Inc announces divestiture of Creativebug and CoveritLive
Monday, 14 Jul 2014 11:15am EDT 

Demand Media Inc:Says sale of Creativebug, online video arts and crafts business, to Otter Media, newly named venture between AT&T and The Chernin Group.Additionally, Demand Media has completed sale of real-time engagement solution business, CoveritLive, to Toronto-based ScribbleLive.  Full Article

Demand Media Inc and Electus Digital announce strategic advertising partnership
Tuesday, 11 Mar 2014 09:30am EDT 

Demand Media Inc and Electus Digital:Says a strategic advertising partnership.Says Electus Digital will now offer exclusive premium ad sales representation for Demand Media's Cracked.com.The partnership forms a new network of online humor destinations and establishes the collection of humor websites directly available to advertisers.  Full Article

Demand Media Inc gives FY 2014 revenue guidance in line with analysts' estimates
Tuesday, 25 Feb 2014 04:00pm EST 

Demand Media Inc:Sees slightly declining year over year revenue FY 2014.Says it has reported revenues of $379 mln in FY 2013.FY 2014 revenues of $377 mln - Thomson Reuters I/B/E/S.  Full Article

Demand Media Inc Issues Q4 2013 Guidance; Earnings Guidance Below Analysts' Estimates; Lowers FY 2013 Guidance
Thursday, 7 Nov 2013 04:15pm EST 

Demand Media Inc announced that for the fourth quarter of 2013, it expects revenue in the range of $98.0-$101.0 million, adjusted EBITDA in the range of $16.0-$19.0 million and adjusted EPS in the range of $0.03-$0.04 per share. For fiscal 2013, the Company expects revenue in the range of $396.0-$399.0 million, adjusted EBITDA in the range of $86.0-$89.0 million and adjusted EPS in the range of $0.26-$0.28 per share. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $98.5 million, EBITDA of $22.6 million and EPS of $0.06 for the fourth quarter of 2013; and EBITDA of $93.5 million and EPS of $0.29 for fiscal 2013.  Full Article

Demand Media Inc Announces Management Changes
Monday, 14 Oct 2013 04:05pm EDT 

Demand Media announced that its board of directors has accepted the resignation of Richard Rosenblatt as Chief Executive Officer (CEO), effective October 31, 2013, and as Chairman, effective immediately. The board has appointed Shawn Colo as interim President, effective immediately, and as interim CEO, to be effective upon Mr. Rosenblatt's resignation. James Quandt has been appointed Chairman, effective immediately. The board will begin a search for a permanent CEO shortly.  Full Article

DIARY-U.S. MEETINGS/WEEK AHEAD

Thomson Reuters May 14, 2015 - Corporate Meetings for US companies for Week ahead. S&P 500 Earnings - MONTH AHEAD Dividends Non S&P 500 - Weekly Federal Reserve events ConferenceCall/Webcast - Weekly Meetings - Weekly Xtra users can see more details on conference calls & webcasts by hovering your mouse over the RIC, right click, no click on Related Co Data, now click on Co Events. ** For

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