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Acquisition
Expands Demand Media’s Video Content Library with more
than 17,000 User Filmed Expert Videos
SANTA MONICA
,
CA
– June 12, 2007 – Demand Media, Inc., the next
generation social media company, today announced its
acquisition of ExpertVilliage.com, the premier Internet
source for professional “how-to” videos filmed and
produced by local filmmakers that feature experts in a
broad range of topics. The acquisition significantly
expands Demand Media’s social media platform with a
growing library of diverse video content to be
distributed across its network of niche social media web
properties and available for users to integrate into
their Channelme.tv video sites.
Launched with video in 2006,
ExpertVillage is highly trafficked video portal for
how-to information and the largest provider of
“”made for the internet” video content. This
content created though ExpertVillage’s proprietary
process wherein filmmakers select specific how-to topics
and produce videos on that subject matter. The filmmaker
engages an expert on the selected topic and produces
approximately 15 short how-to videos.
“Video is becoming the dominant and
preferred way people seek information on the Internet.
In many cases, pure textual information is not enough
and users are seeking visual instructions to answer
their questions,” said Byron Reese, founder and CEO of
ExpertVillage. “We focused our resourced on the how-to
video category because of its popularity and ease of
monetization. As the newest member of the Demand Media
family, we will more aggressively invest in the how-to
area and expand into different content categories where
out process and platform can be utilized.”
Demand Media gains instant access to a
marketplace of hundreds of motivated filmmakers who are
eager to produce instructional videos through
ExpertVillage’s platform. All of ExpertVillage’s
videos feature skilled experts and are focused on six
main categories: home & gardening, health &
beauty, money & finance, sports, hobbies and travel.
“We intend on increasing the scale of
ExpertVillage’s existing business and expanding in to
new content areas,” said Demand Media co-founder and
CEO, Richard Rosenblatt. “While we have enhanced our
media properties though textual, photographic and social
media content, we were seeking a video solution that
could be integrated into our platform. ExpertVillage’s
video solution and its network of filmmakers epitomize
our approach to new media and our scale will provide
their filmmakers with substantially more topics to
develop. We are anxious to begin working together as one
company.”
About
ExpertVillage.com
ExpertVillage is the largest producer of
“made for internet” video content with over 17,000
short-format “how-to” videos, featuring more than
1000 experts covering everything from Pilate’s to
origami. Based in
Austin
,
Texas
, ExpertVIllage launched its video offering in April
2006 with 1,300 short videos and has become the premier
Internet source for professional “how-to” videos.
For more information on ExpertVIllage, visit www.expertvillage.com.
About
Demand Media, Inc.
The Demand Media is a social media
company that connects content creators and large
audiences with advertisers through its network of
vertical media web properties. By using its proprietary
social media tools and unique distribution platform of
the world’s second largest domain registrar, Demand
Media provides an interactive, personalized and
vertically-focused media experience for users. The
privately held company was founded in May 2006 and is
based in
Santa Monica
,
CA
, with offices in
San Francisco
and
Seattle
,
WA
. For more information about Demand Media, Inc.,visit www.demandmedia.com.
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