Demand Media Names New President, Company Breaks Even

Aug 08, 2012

Digital media company, Demand Media, announced that Michael Blend has been promoted to president and COO, according to paidContent. Previous to this appointment, Blend had been overseeing the company's content and media services. Blend replaces Charles Hilliard, who stepped down in June.

In other Demand Media news, the company reported earnings of $0.00 per share for the second quarter. This is the first time the company has broken even. Revenue was at $93.1 million for the quarter and beat analysts' expectations for the company, who expected a slight loss.