BlogHer, the womens ad network, blogging community site and conference organizer, has raised a $5 million second round lead by the Peacock Equity Fund (GE and NBCU), along with past…

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MTV Networks (NYSE: VIA), now better known for creating series like The Hills than bringing the world the next Thriller video, is launching a new social net site tomorrow called…

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While the story of marketers shifting their ad spend from traditional media to digital media has been fairly constant, not all ad categories have been aggressive in making the switch.…

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Future US, the once-parent of Business 2.0 and part of Future plc (LSE: FUTR), the UK based trade media company, has bought out BallHype, a Belmont, CA-based owner of basketball…

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Twitter announced today that it has officially acquired Summize, according to a post written by Twitter co-founder Biz Stone. All five of Summize’s engineers will move to San Francisco and…

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-- Jaman announces distribution deal with Paramount: Jaman.com has just inked a deal with Paramount Digital Entertainment, in which many of the studio’s movies, including Beowulf, Sweeney Todd: The Demon…

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Spanish ad holding company Havas recently created a digital media R&D division called Havas Media Lab, headed by our London-based friend Umair Haque. Now the Lab has come out with…

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Shopflick, a site where merchants can show off their wares through video, has raised a $7 million first round from Panorama Capital and Venrock. Basically, the LA-based site lets third…

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Two companies I had not heard of before, but I guess they exist: BigString, an OTC-traded provider of social networking messaging apps, has bought out Buddystumbler, an IM-based social network…

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Atomic Moguls, the online sports gamer led by ex-NBA official Brenda Spoonemore, has raised another $1 million from past backer Second Avenue Partners, according to SeattlePI. Last year, the company…

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While Lehman analyst Anthony DiClemente expects digital media to thoroughly cannibalize major entertainment company’s DVD sales, Disney (NYSE: DIS) still has hopes that interactivity and social media can breathe life…

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Social Gaming Network, a major distributor of games on Facebook and other social networks, has added Bezos Expeditions, Jeff Bezos’ investment vehicle, to its investor roles. The news comes just…

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Socialmedian, the social news site started by former Jobster CEO Jason Goldberg, has been nurturing its seed round into a sapling for a while and now added more investors, or…

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Apparently the world did need another how-to video site. The latest is Graspr, which has raised a $2.5 million first round from DFJ and various angels. The Mountain View, CA-based…

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This one kinda comes out of left field, though in a way it makes perfect sense… NowPublic, the heavily funded citizen journalism startup, has acquired Truemors, Guy Kawasaki’s user-gen gossip…

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In a way, Flickr is kind of the unofficial stock photo service of new media, so this makes sense… the Yahoo-owned photo site now has a deal with stock photo…

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The FeedRoom, a longtime player in the online video market, has raised another $12 million led by NewSpring Capital, with past backers BEV Capital and Velocity Equity Partners participating as…

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Demand Media, the Santa Monica-based social media firm, is not in sale talks with Yahoo (NSDQ: YHOO), contrary to rumors. Yahoo execs Hilary Schneider and Scott Moore recently had dinner…

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Mevio, the early commercial entrant into the podcasting game then known as PodShow, has raised a big, $15 million third round led by Crosslink Capital, with past backers Kleiner Perkins…

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Because the elite can’t be seen networking with the rest of us… Spire.com, a social networking site for folks whose net worth is $250k or more, has raised a rich-looking,…

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Chinese social networking site Xiaonei already has a reputation for basically being a Facebook knock-off. Now it’s copying Facebook’s strategy too. The company, owned by Oak Pacific Interactive, has announced…

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JS-KIT, a provider of widgets and services for blogs, has acquired Haloscan, the old commenting platform, often seen on blogspot-hosted blogs, according to CenterNetworks and other reports. Deal terms are…

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Italian online entertainment publisher Dada has bought another 40 percent of blog network Blogo.it‘s owner E-box for €1.6 million ($2.5 million), taking its stake up to 70 percent. Blogo.it is…

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Celebrity-oriented news sites have grown substantially over the past year—*comScore* says the category’s traffic has grown 31 percent from May 2007 to May 2008. So while the space has been…

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Chinese online games publisher Giant Interactive (NYSE: GA) is acquiring about 25 percent stake in Five One Network Development (51.com), a Chinese online social networking service provider, for approximately $51…

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