Comedy website *****ed is the latest digital media company to be sold to old media
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Before companies like BuzzFeed, Vox and Vice ruled the digital media world, there was Demand Media.*
Demand built an online media empire during the age of search, making content geared to appear near the top of a wide range of Google entries. Shortly after it went public in January 2011, Demand was valued around $1.5 billion.*
It has been a rough ride since then. Google changed how its search algorithm valued a webpage, a move that sent Demand traffic and revenue plummeting. The company's stock, which once traded around $50, **w goes for $5.18.
**w, it's letting go of one of its top properties, *****ed.com.* Read more...
04-13-2016, 01:40 AM
Comedy website *****ed is the latest digital media company to be sold to old media
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