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Gawker Acquires Cityfile; Names New Editor-in-Chief

New York - Blog network Gawker Media has acquired New York-focused blog Cityfile, and named its editor Remy Stern as the new editor-in-chief of its flagship Gawker.com...

Report: Rainbow Media to Acquire Gothamist Blog Network

New York - Cable TV provider Cablevision's (NYSE: CVC) Rainbow Media unit is close to a deal to acquire city blog network Gothamist, PaidContent reported. The purchase price was...

Seesmic Gets $4 Million From Salesforce.com, Softbank

San Francisco - Seesmic, a developer of applications that monitor social networks across mobile devices, announced on Tuesday that it has received a $4 million investment...

News Aggregator, Producer BringMeTheNews Lands $1 Million

Minneapolis, Minn. - BringMeTheNews, a provider of news aggregation and also a producer of radio newscasts, has raised $1 million in funding from The Dolan Company...

SnagFilms expands distribution, capabilities and executive team

SnagFilms intends to be the go-to brand for independent films, and it just took further steps in that direction with newly unveiled distribution platforms, the launch of new social media and mobile applications, and several new executive hires.

Roblox joins Stardoll Media for global advertising clout [with infographic]

Roblox has signed up to make Stardoll Media its exclusive global commercial advertising representative, bringing millions of boys and girls toegther – at least as far as marketers are concerned.

Tagged Acquires Social Network Competitor hi5

Tagged has purchased hi5, a transaction that brings together two companies that each have a different spin on social networking: Tagged is designed for meeting new people based on shared interests, while hi5 integrates games and highlights premium content.

Roblox Lands $4 Million for Gaming Site for Kids

San Francisco - Roblox, a gaming site for kids, announced on Tuesday that it has raised $4 million in a second round of venture...

Free Disney Videos, Now on Roku

Roku Inc. announced Wednesday that hundreds of videos from Disney.com have been added to the streaming platform’s Roku Channel Store, where they are available for free. This Disney channel features animated shorts, clips, a behind-the-scenes section, and a What’s New area that gives previews of what television shows and movies are coming soon.

Playdom Acquires Argentine Game Developer Three Melons

Mountain View, Calif. - Playdom, a developer of social games for Facebook and MySpace, said on Wednesday that it has acquired Argentina-based online game developer Three Melons. ...