More on Demand Studios Finances

Yesterday I wrote about how Demand Media is hemorrhaging money. For those of you that want to read more about the situation, here is another informative article I found over at All Things Digital.
I also went onto the DS forums to see what people where saying about the situation. One brave DS writer posted links to some articles and he was instantly branded a “fear monger” and a pot stirrer. Most of the writers have decided that all media outlets are jealous of Demand Media’s success and is making up lies to make the company look bad. Do what now?
You know, I’ve heard people say that DS writers have a sheep mentality. I’ve always laughed at that since I write for them on occasions and I’m NOT a sheep. The almost unanimous flogging of the brave writer, though, made me really feel like the living among zombies. I know so many writers are deathly loyal to Demand Studios because that is how they feed their families, that’s understandable. I wish that more of them would branch out and not put all of their eggs into one basket, just in case. There are a lot of respectable publications posting about Demand Media’s financial situation. I really doubt all of them are fabricating information.
To top it off, all of the threads containing talk about Demand Studio’s IPO have been closed. Even mine, and I was celebrating the fact that they were going public, since, at the time, I thought it meant that DS was growing and prosperous.  My thread wasn’t negative at all. I’m guessing that they don’t want anyone to talk about it until it the IPO is complete.

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