clock menu more-arrow no yes

Demand Media Co-Founder Joins Merchant Bank Raine as Adviser

Demand Media former CEO and co-founder Richard Rosenblatt confirmed that he has joined merchant bank Raine Group in an advisory role. Sources said it was a part-time gig, with the longtime entrepreneur consulting on deals such as WME’s recent acquisition of IMG. Rosenblatt, who brokered the $580 million sale of Myspace to News Corp in 2005, resigned from Demand last October.

This article originally appeared on Recode.net.

Help us explore what’s working

Part of explaining the news is critically examining potential solutions to big problems. Will you support this work with a gift to Vox?