Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Demand Media Rises on Plan to Split Content, Domain-Name Units

Demand Media Inc., operator of the website, rose as much as 24 percent in extended trading after the company announced plans to split its content and domain-registration businesses into two public companies.

Demand Media jumped as high as $9.75 after closing at $7.84 in regular New York trading. The shares had fallen 16 percent this year before the breakup was announced in a statement after today’s close.

The board-approved separation will allow both businesses to pursue growth strategies and provide greater clarity for investors, the Santa Monica, California-based company said in the statement. The company said it’s working with outside advisers to develop detailed plans for separating the businesses.

Through, Demand Media offers articles and videos on topics ranging from personal finance to celebrity news. The content business includes the humor website. The company also operates the domain-registration service

Separately, the company reported fourth-quarter net income of $4.7 million, or 5 cents a share, compared with a loss of $6.4 million, or 8 cents, a year earlier. Revenue rose 22 percent to $103.1 million.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.