Summary:

Richard Rosenblatt, the former CEO of Intermix and current CEO of well-funded Demand Media, has paid Fox Interactive Media to buy back Grab.com, Cool Quiz, and other former Intermix sites and technology, paidContent reports. Intermix’s most famous asset, MySpace, is of course staying with its new […]

Richard Rosenblatt, the former CEO of Intermix and current CEO of well-funded Demand Media, has paid Fox Interactive Media to buy back Grab.com, Cool Quiz, and other former Intermix sites and technology, paidContent reports. Intermix’s most famous asset, MySpace, is of course staying with its new owner. Demand Media has raised $220 million to build cheap content on underused domains, so these new sites appear to fit the bill (though in total they reportedly attract more than 5 million monthly unique visitors).

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