By
DONNA KARDOS
March 27, 2006 - The Wall Street Journal
Richard Rosenblatt, former chief executive of Intermix
Media Inc. and chairman of Myspace.com, was named chairman
of icrossing Inc., a digital media and advertising agency.
He succeeds Jeffrey Herzog, who continues as chief executive
and remains on the board.
Mr. Rosenblatt, 36 years old, joins icrossing after
helping Intermix engineer a $580 million sale of Myspace.com
to News Corp. in September -- an experience he feels
helped to prepare him for his latest challenge.
"If you look at the story of Intermix, we went
through a complete restructuring and rebuilding of a
business," he said. "We took it from losing
millions of dollars to a profit. Building a business
from scratch really has helped me know how to take icrossing
to the next level."
Mr. Rosenblatt also is the former chairman and CEO
of iMALL, which was sold to Excite@Home for $565 million
in July 1999. And he was the founding investor and vice
chairman of GreatDomains, which was sold to Verisign
Inc. for $100 million in October 2000.
"I'm hoping to use positioning, marketing and
operational strategy to help take iCrossing to the next
level," Mr. Rosenblatt said.
Mr. Herzog, 36, founded iCrossing in 1998, and he says
it currently represents 25 of Fortune 500 companies.
The company is built on Mr. Herzog's trademarked Reverse
Direct Marketing method, which involves advertising
at the point of interest where consumers seek businesses.
iCrossing works to optimize Web sites so that they appear
at the top of user-initiated internet searches, which
Mr. Herzog said is the next big trend in advertising.
"We're breaking ground here," Mr. Herzog
said, "and when you've broken ground, you want
to be around people like Richard who've been there before."
The board stands at seven members, with Ken Kendrick,
the founder, chairman and principal shareholder of Datatel
Inc., stepping down as a director.
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