“Demand Media is selling humor site Cracked to E.W. Scripps for $39 million... It has 40 employees, and generated $11 million in revenue last year.In January, comScore said the site attracted eight million U.S. visitors.”Tagged: Media Acquisitions, Demand Media
“The media landscape used to be straightforward: Content companies — studios — made stuff — TV shows and movies — and sold it to pay TV distributors, who sold it to consumers.”Tagged: Media Cliff Notes