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Thursday May 4th, 2006

MySpace ex-CEO buys eNom domain registrar

http://www.enom.com/inthenews.asp?pr=060501demandmedia
eNom, Inc., one of the world's largest Internet domain name registrars, announced that it has been acquired by Demand Media, Inc., a new company headed by former MySpace.com chairman, and former CEO of Intermix Media, Richard Rosenblatt. Demand Media will broaden eNom's offerings by developing proprietary content tools and technologies as well as new online advertising opportunities for eNom's clients.

"For eNom's valued network of resellers and retail customers, the acquisition represents no changes to existing relationships," assured Paul Stahura, eNom founder and CEO and new President and Chief Operating Officer of Demand Media. "eNom will continue to offer domain name and related services under its own brand. eNom's resellers can be confident that eNom will continue to build and enhance its infrastructure enabling eNom to offer an even more robust suite of services."

"The added capital from Demand Media will accelerate our commitment to grow our business as an ICANN accredited domain name registrar and provider of high-quality value added services," added Stahura.

Described by the Wall Street Journal as a "serial Internet entrepreneur," Demand Media, Inc's Chairman and CEO Richard Rosenblatt ran MySpace.com's parent company Intermix Media Inc. and negotiated its sale to News Corp. for more than $650 million last year. Richard was also the founding investor and vice-chairman of Great Domains as well as Chairman and CEO of iMALL, Inc. In addition to eNom, Inc., Demand Media, Inc. also purchased San Francisco-based eHow Inc., which provides niche content for websites.

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