Demand Media sold Cracked.com for $39 million dollars

Online content media company, Demand Media, has reportedly sold the web site Cracked.com to  E.W. Scripps Co., a print and online publisher. The all-cash sale of Cracked.com, a web site providing odd, trivia and other entertaining content, was for $39 million dollars. Shares of Demand Media (DMD) closed up 11.83% on Wednesday. Cracked had revenue […]

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