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Richard Rosenblatt is cofounder, chairman, and CEO of Demand Media, a new media company formed in April 2006. Through a series of acquisitions and internal development, Demand Media has created a new media platform that includes unique content and community applications, natural traffic, and high-margin monetization partnerships. Rosenblatt also serves as non-executive chairman of iCrossing, a leading digital and natural search firm.
Rosenblatt is an internet pioneer who has built, operated, and sold over 1.3 billion dollars of Internet media companies. Most recently, he served as chief executive officer of Intermix Media, Inc. (Amex: MIX) and chairman of Myspace.com. Joining Intermix in March 2004, Rosenblatt led a successful turn-around of its existing business, helped grow Myspace.com from an unknown web site to one of the most popular properties on the Internet, developed a number of new internet media properties, and significantly increased shareholder value. During his eighteen months as CEO of Intermix, its public market capitalization grew from approximately $70 million to over $650 million when it was acquired by News Corporation (NYSE: NWS).
Six years prior, Rosenblatt sold iMALL (NASDAQ: iMAL), a company he founded and served as chairman and CEO, to Excite@Home (NASDAQ: ATHM) for $565 million. iMALL provided small businesses with tools and technologies that allowed them to build their own commerce-enabled stores and market their products online. In addition to these two public Internet companies, Rosenblatt has been actively involved in a number of private internet companies since 1994.