Demand Media is known for churning lots of content through its sites, but today it’s notable for another churn, of the executive kind: three of the people who helped found and build up the company are leaving.
Everyday Health Puts Ex-ABC News Digital Head Slavin In Charge Of Video
Wellness news and info online network Everyday Health has been working on expanding its video content to TV for a while and it now has exec it believes will enhance those efforts: it’s brought in Paul Slavin, who left his post as the head of ABC (
Wal-Mart Buys Kosmix As Part Of ‘Social Commerce’ Push
Wal-Mart (NYSE: WMT) is buying long-standing search technology firm Kosmix in what the big-box retailer is describing as a move to expand into “social and mobile commerce.” This is the second purchase Wal-Mart has made in just over a year intended to build its digital presence. Last February, the company
Reader’s Digest Partners With Health Content Aggregator OrganizedWisdom
Reader’s Digest is expanding its health content and marketing offerings with an online/offline partnership with OrganizedWisdom, a company which aggregates news and info from “wellness experts.” The deal, which also includes sharing ad sales duties, comes nearly a year after the Reader’s Digest Association began rebuilding following its emergence from bankruptcy....
Sporting News, Everyday Health Bet On AOL For Big Traffic Boost
Two of AOL’s new content partners, The Sporting News and Everyday Health, are both counting on the portal to deliver major traffic numbers in return for providing AOL (NYSE: AOL) with ad sales. In a conversation with execs from both The Sporting News and Everyday Health, it is revealed that...
AOL Outsources Sports; Fanhouse Brand Absorbed Into Sporting News
AOL (NYSE: AOL) organized a hasty after-market call to announce three content deals designed to buttress its push towards premium content. The most prominent involves a content sharing arrangement with The Sporting News. CEO Tim Armstrong, taking the lead on the call, noted that AOL’s sports blog FanHouse will remain and...
MSN Rolls Out A Health And Fitness Site With Rodale
Microsoft’s MSN, which has launched a series of very successful sites with major magazine publishers over the last two years, is now partnering with Rodale on a new health and fitness property. The site, Fitbie, which is going live today, features a series of articles and videos on working out, healthy eating, and...
Online Health Giant Everyday Health Cancels IPO; Raises $20 Million Instead
Everyday Health, the online health content giant which filed to go public in March, but has been mum about its plans since, is withdrawing its offering. The company says it will instead take $20 million in new funding.
The decision is a blow to a digital media IPO market,...
HealthGrades.com Owner Being Taken Private In $294 Million Deal
Health Grades, the publicly-traded owner of popular doctor ratings site HealthGrades.com, is being taken private by PE firm Vestar Capital Partners in a $294 million deal. Vestar, which includes former WebMD (NSDQ: WBMD) CEO Roger Holstein among its partners, is paying $8.20 per share for Health Grades, a 29 percent premium...
Doctor Search Site ZocDoc Adds $15 Million
Online doctor search and appointment site ZocDoc has raised $15 million in its second round of funding. On ZocDoc, users designate their city, insurance plan, and the type of specialist they are looking for and then see a list of corresponding doctors. Patients can book appointments directly from the site with doctors who...
Former Aerosmith Manager, Real Estate Investor Buy Grandparents.com
Steve Leber, best known as the former manager of the rockband Aerosmith, along with New York real estate investor Joseph Bernstein, have purchased Grandparents.com, which features city guides, activities, and tips—all designed to improve grandparents’ relationships with their grandkids. Leber, who himself has six grandkids, will be chairman, while Bernstein will be CEO. Not...
Online Health Firm Healthline Raises $14 Million More
Healthline Networks, which has landed two very high-profile content and ad deals over the last month and says it is now profitable, has raised $14 million in its third round of funding. In late March, ABC (NYSE: DIS) News selected Healthline to provide content and also...
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