Subscribe to RSS Feed

11|05|2013 10:25 am EDT

Demand Media to Spin Off Domain Registration Business into RightSide [Press Release]

by Frank Michlick in Categories: Registrars

Tags: , , , , , , , , , , , , , ,

Rightside websiteAs already predicted by Andrew over at DNW:

Demand Media Announces Key Executives and Name for Proposed Domain Services Company

Company Will Lead Expansion of Generic Top Level Domains under Rightside Brand; Taryn Naidu Selected as Incoming CEO

SANTA MONICA, Calif.–()–Demand Media, Inc. (NYSE: DMD), a leading media and domain services company, today announced that Taryn Naidu, who currently serves as Demand Media’s Executive Vice President of Domain Services, will become the CEO and a Director of the newly formed domain services company that is proposed to be spun off from Demand Media. Demand Media also announced that it has selected the name Rightside Group, Ltd. (“Rightside”) for the spun off domain services business.

“It’s an exciting time for us, as new gTLDs start going live this year and our path to becoming an independent public company as a leader in our industry progresses.”

Rightside will be a Kirkland, WA based technology and services company for the Internet domain industry. The company will advance the way consumers and businesses define and present themselves online through a comprehensive technology platform making it possible to discover, register, develop, and monetize domain names. Rightside will play a leading role in the historic launch of new generic Top Level Domains, and the name represents a new way to navigate the Internet, while establishing the new company as the one to guide users in the right direction. It’s everything to the right of the dot – and beyond.

Taryn Naidu, who has led Demand Media’s domain services business since 2011 will become Chief Executive Officer of Rightside, upon completion of the separation. Additionally, Rightside executive management will include Wayne MacLaurin as Chief Technology Officer and Rick Danis as General Counsel. David Panos will be appointed as Chairman of the Board of Directors and Shawn Colo, Demand Media’s Interim President and Chief Executive Officer, will be appointed as a Director of Rightside in connection with the separation.

“Establishing the leadership team and brand identity of the proposed new company marks an important milestone in achieving our plan to separate our business into two distinct market leaders,” said Demand Media Interim President and Chief Executive Offer Shawn Colo. “I am pleased to announce a very strong executive team led by Taryn. This team has a wealth of industry experience, has played an integral role in building the largest wholesale domain registrar and is driving the transformation of this business into one of the largest end-to-end domain name service providers in the world.”

“Rightside’s mission will be to help millions of businesses and consumers define and present themselves online. We’re able to deliver on this through our distribution network of more than 20,000 active partners, one of the leading domain services technology platforms, a large number of applications for new generic Top Level Domains (gTLDs), and a deep bench of industry talent,” said Taryn Naidu, newly designated incoming Chief Executive Officer of Rightside. “It’s an exciting time for us, as new gTLDs start going live this year and our path to becoming an independent public company as a leader in our industry progresses.”

About Rightside

Rightside plans to inspire and deliver new possibilities for consumers and businesses to define and present themselves online. The company will be a leading provider of domain name services, offering one of the industry’s most comprehensive platforms for the discovery, registration, development, and monetization of domain names. This will include 15 million names under management, the most widely used domain name reseller platform, more than 20,000 distribution partners, an award-winning retail registrar, the leading domain name auction service and an interest in more than 100 new Top Level Domain applications. Rightside will be home to some of the most admired brands in the industry, including eNom, Name.com, United TLD and NameJet (in partnership with Web.com). Headquartered in Kirkland, WA, Rightside will have offices in North America and Europe. For more information please visit www.rightside.co.

About Demand Media

Demand Media, Inc. (NYSE: DMD) is a leading digital media and domain services company that informs and entertains one of the internet’s largest audiences, helps advertisers find innovative ways to engage with their customers and enables publishers, individuals and businesses to expand their online presence. Headquartered in Santa Monica, CA, Demand Media has offices in North America, South America and Europe. For more information about Demand Media, please visit www.demandmedia.com

09|11|2013 09:54 am EDT

Demand Media Names Wayne MacLaurin Senior Vice President of Technology for United TLD [Press Release]

by Frank Michlick in Categories: People

Tags: , , , , , , , , , ,

Wayne MacLaurinDemand Media Welcomes Wayne MacLaurin as Senior Vice President of Technology for United TLD

World-Class Registry Strengthens Technology Resources to Focus on New gTLDs

Kirkland, Washington – September 11, 2013Demand Media (NYSE: DMD), a leading media and domain services company, today is pleased to announce its recent hire of Wayne MacLaurin, who joins the company as Senior Vice President of Technology for United TLD, a Demand Media subsidiary. United TLD is investing in infrastructure to become a world-class registry and leader in new generic Top Level Domain (gTLD) services. MacLaurin is responsible for managing the technology roadmap and day-to-day operation of the registry systems, as the company prepares for the advent of new gTLDs expected later this year.

“We’re thrilled to welcome Wayne to the Demand Media team in his new role,” said Taryn Naidu, executive vice president of Demand Media’s Domain Services business. “As a former colleague, I know Wayne possesses a rare combination of leadership, technical prowess and business acumen. He gets things done, without cutting corners, and has built an excellent reputation in our industry through his technical contributions in the ICANN community and beyond. ”

Originally from Ottawa, Canada, MacLaurin has navigated a variety of senior management roles within the technology industry throughout the course of his notable career. Most recently, MacLaurin served as Chief Technology Officer (CTO) of Sedari, a registry consulting and outsourcing service. He was the CTO of the Momentous Group of Companies, a Canadian domain name marketing services group, and was actively involved with both NameScout.com, a large ICANN accredited registrar, as well as Pool.com, a leading provider of premium domain services. He also founded one of Canada’s leading ISPs, and was responsible for introducing world-class services to large customer bases and comprehensive policies for Internet access.

From 2010 to 2012, MacLaurin was the Executive Director of the Domain Name System Operations Analysis and Research Center (DNS-OARC), a non-profit composed of 70 member companies that come together to focus on improving the security, stability and understanding of the DNS infrastructure.

With the domain industry poised to introduce a rush of new characters to the right of the dot, United TLD strives to bring these new gTLDs to market in a simple and profitable way for all parties.  By building a portfolio of new gTLDs on a proven platform with exceptional services and support, the company seeks to transform the way the world connects and organizes on the web.

About Demand Media

Demand Media, Inc. (DMD) is a leading digital media and domain services company that informs and entertains one of the internet’s largest audiences, helps advertisers find innovative ways to engage with their customers and enables publishers, individuals and businesses to expand their online presence. Headquartered in Santa Monica, CA, Demand Media has offices in North America, South America and Europe. For more information about Demand Media, please visit www.demandmedia.com.

01|07|2013 09:03 am EDT

Demand Media to buy Name.com

by Frank Michlick in Categories: Registrars

Tags: , , ,

Demand Media just announced this morning that the are acquiring the retail registrar name.com. name.com was founded by Bill Mushkin in 2003. Demand Media also owns eNom and BulkRegistrar.com and is an active player in the new gTLD space. The acquisition will increase their reach into direct domain sales. name.com has over 1.5 million domain names under management.

Santa Monica, California – January 7, 2013 – Demand Media® (NYSE:  DMD), a leading digital media company, today announced the acquisition of Denver-based Name.com, a domain name registrar known for its strong retail footprint, award-winning customer service and creative spirit.  The acquisition is intended to expand Demand Media’s platform as it prepares for the historic release of new Top Level Domains (TLDs) this year.

Founded in 2003, Name.com customers have registered nearly 1.5 million domains, and use the company’s tools and services to grow their online presence.  As the second largest registrar in the world, Demand Media’s eNom subsidiary has over 13.5 million domain names on its platform registered by over 8,800 resellers and partners.  “Name.com will provide a direct channel for us to reach consumers and small businesses as they develop and manage their online identities,” said Richard Rosenblatt, chairman and CEO, Demand Media. “This becomes even more valuable as over one thousand new domain extensions are expected to become available for registration in the years ahead.”

 

In 2011, ICANN initiated the process for creating new domain extensions as a way to increase domain name choices for memorable or descriptive web addresses (for example, integritymortgagesolutions.com can become integrity.mortgage or integritymortgage.solutions) and help organize websites and information better (for example, gwathmey-siegel.com could end in a domain extension that maps to the nature of the business, such as .law, .architect or .cpa).  Last June, ICANN announced it had received 1,930 applications for new TLDs that were submitted by entrepreneurs, businesses, governments and communities around the world looking to operate a TLD registry of their own choosing.

Demand Media will retain the Denver-based team and the business will report to Taryn Naidu, executive vice president, Registrar Services.  “Our strategy is to provide an end-to-end solution for all things domains — whether you are looking to consume or distribute names and services,” said Naidu.  “Name.com brings innovation, creativity and a deep commitment to their customers – factors which we believe are essential in the environment of new gTLDs.”

[via Press Release]

01|12|2011 08:37 pm EDT

Demand Media Sets IPO Pricing

by Frank Michlick in Categories: News

Tags: , , , , , , , ,

According to Bloomberg Demand Media plans to raise $120 million selling shares for $14 to $16 in their IPO scheduled for January 25th, 2011. The company, run by co-founder, chairman and chief executive officer Richard Rosenblatt, has now cleared its final SEC hurdle and set the IPO date and pricing. The IPO had stalled in December when the SEC was waiting for responses on the company’s accounting practices. Goldman Sachs and Morgan Stanley are leading the $7.5 million offering. The shares will be offered at the New York Stock exchange under the DMD symbol.

Demand Media is parent company to many companies such as registrars eNom and Bulk Register, many websites such as eHow and domain parking company Hotkeys.

[via Bloomberg]