Say Media was formed when VideoEgg (a video advertising company) bought Six Apart (a technology company that created Moveable Type and TypePad). VideoEgg was
founded in early 2005 when
Yale University graduates David Lerman, Matthew Sanchez and Kevin Sladek were making video software. At the time, the three were involved in a
social venture matching non-profit organizations that needed
public service announcements with a nationwide network of digital filmmakers and editors. Lerman, Sanchez and Sladek created tools to manage web video made with the wide range of available devices, editors, encoders, and players. As their business matured they began to focus on
monetization, they found an opportunity in
video advertising in online video and online
social networking services. In May, 2008 the company officially discontinued video hosting services to focus entirely on its online advertising network. In June 2008, VideoEgg and one of its partner websites,
hi5, were sued in the United States by
EMI recording labels and music publishers. The plaintiffs alleged that the services were liable for
copyright infringement due to videos uploaded by hi5 users through the VideoEgg application, and sought
injunctions against the allegedly infringing activity. VideoEgg acquired
Six Apart in 2010, and renamed itself Say Media. It sold
Movable Type and the Six Apart name to Infocom, a Japanese information technology company; Say Media retained
TypePad. As a result of this transaction, the headquarters of Six Apart is now Tokyo, Japan. Say Media acquired the websites
Dogster,
ReadWriteWeb, POPcast Communications, and
Remodelista over the past several years. It also launched
xoJane, with editor Jane Pratt, xoVain, its beauty-centric counterpart, and
Gardenista, a sister site of Remodelista. In 2013, the company divested these assets to focus on the Tempest platform and advertising operations. Say Media subsequently sold Dogster & Catster, ReadWriteWeb, Remodelista and Gardenista, which as of early 2015 all operate independently or under new ownership. == Funding ==