Demand Media Buys Demand.com

Monday, July 20th, 2009

Parent company of eNom enters into agreement to buy Demand.com domain name.

The domain name Demand.com is in demand.

Demand Media, parent company of eNom and NameJet, has entered into an agreement to purchase the domain name Demand.com for corporate branding purposes. The sale was announced today in a press release from the seller inter123 Corporation. The sale price was not released.

Inter123 was founded by Jeffrey Peterson, an entrepreneur mostly known for launching Hispanic portal Quepasa.com. According to its web site, Inter123 is a private equity fund focused on information technology and new media companies, although its portfolio page doesn’t show many investments.

Demand Media started as a company trying to bring social media to a vast direct navigation portfolio, but its strategy has seemed to morph since then. In addition to owning eNom, the company owns a number of popular web sites such as Trails.com, Cracked.com, and eHow.com. It also has a partnership with the Lance Armstrong Foundation for LiveStrong.com.

Further Reading:

  1. RegisterFly Lawsuit Ensnares Demand Media
  2. Demand Media Plucks Pluck
  3. Demand Media Pops On Open, Great News for Domain Industry

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8 Comments » - Posted in Domain Sales by

Comments

  1. Jack Meoff
    July 20th, 2009 | 9:53 am

    Great! Now we know they will demand everything at their will. Good one for selling it to them Jeff. If you sold it to them for less than 8 figures go and get a gun and shoot yourself.

    Just another example of how two bit owners sell to a media space that will control more advertising space than the sham wow guy.

  2. Johnny
    July 20th, 2009 | 10:04 am

    “Jack Meoff”……LOL.

  3. Latest Domainer News
    July 20th, 2009 | 10:44 am

    Demand Media Buys Demand.com – http://tinyurl.com/m3vt3y

  4. Domain Investor
    July 20th, 2009 | 11:08 am

    I’m sure they stole it.

  5. Upa Kut
    July 20th, 2009 | 1:44 pm

    Richard Rosenblatt or Mark Cuban as the biggest sham wowser’s on the planet?

    They steal they deal, they scam they sham.

    But when they come to deal with me I will go “hit wam bam” and that will be the end of their ponzi Internet scam.

  6. DomainNameNews
    July 20th, 2009 | 4:59 pm

    Domain Name Wire: Demand Media Buys Demand.com http://ow.ly/hJLG

  7. Adivina qué dominio ha comprado Demand Media | Dnzapping
    July 23rd, 2009 | 4:35 pm

    [...] tenía el dominio DemandMedia.com, pero acaba de comprar el dominio genérico: Demand.com. Ambos dominios apuntan ahora a la misma [...]

  8. vCamera
    August 7th, 2009 | 7:25 am

    Demand Media , bought
    Demand.com ……….

    should b 4//for their i.p.o.

    2w

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