Demand Media (NYSE: DMD) has made its first acquisition since its initial public offering in January, purchasing popular live blogging tool…
Demand Media is acquiring CoverItLive, a live-blogging service that it has had a stake in since 2009, in what could be a sign that the company wants to expand into other areas of user-generated content that are less controversial than its “content farm” business.
I have always been curious about what kind of tools people have used to liveblog events (especially those involving Apple). As many of you readers know, Apple recently held a media event on 9.9.09. I jumped on the opportunity to attend and represent TheAppleBlog. Naturally, one of my responsibilities was to liveblog everything.
Here’s the plan that was put together:
- Text messaging
- Eye-Fi Manager
Demand Media, the Santa Monica-based online media company, is doing its first strategic investment: it is taking a minority stake in Coverit…
Liveblogging service CoverItLive (CiL) has secured $1 million (about $1.2 million Canadian dollars) in a first round of funding. Seed invest…