Demetrius' year-long siege was a failure and he was forced to withdraw. The Rhodians celebrated their victory with the construction of the Colossus of Rhodes, which was financed by the selling of Demetrius' siege equipment.
Bouchard, Elsa. "Siege of Rhodes by Demetrius Poliorcetes". The Literary Encyclopedia. First published 01 March 2010
[http://www.litencyc.com/php/stopics.php?rec=true&UID=11308, accessed 24 October 2014.]