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Disney Sells Miramax to Filmyard Holdings for $660 Million

Burbank, Calif. - Disney (NYSE:  DIS) announced on Friday that it has sold its Miramax Films unit to Filmyard Holdings, whose principals include Los Angeles businessmen...

Digital Entertainment Distributor The Orchard Goes Private

New York - The Orchard (NASD: ORCD), a provider of digital entertainment distribution and marketing services, announced on Thursday that private equity firm Dimensional Associates has completed...

Survey: Confidence Wanes Among Silicon Valley VCs

San Francisco - Confidence among venture capitalists in Silicon Valley fell markedly in the second quarter, according to the latest Silicon Valley Venture Capitalist Confidence Index. The...

Social Games Firm Zynga, Softbank Form Joint Venture in Japan

San Francisco - Social games publisher Zynga announced on Thursday that it has formed a joint venture with Japan's Softbank to accelerate development of the social...

Google Ventures, CIA's In-Q-Tel Back Recorded Future

San Francisco - The CIA's In-Q-Tel investment arm and Google (NASD: GOOG) Ventures invested in a real-time Web monitoring firm called Recorded Future, Wired.com reports. The investments were...

Reports: Facebook to Acquire Hot Potato

Palo Alto, Calif. - Facebook will acquire Hot Potato, a start-up focused on chat applications for live events, for between $10 million and $15 million, people...

Business Insider Gets $3 Million for Online Publishing

New York - Business Insider, a publisher of online business news and commentary, announced on Wednesday that it has raised about $3 million in new financing. Investors...

Envivio Gets $15 Million for Internet Video Delivery

South San Francisco - Envivio, a provider of Internet video delivery services, announced on Wednesday that it has secured $15 million in new financing, and named...

Philo Receives Funding for Social TV Application

New York - Philo, the developer of a social television platform, announced on Wednesday that it has raised an undisclosed sum of financing, from investors including...

Disney Buys Social Games Publisher Playdom for Up to $763.2M

Burbank, Calif. - The Walt Disney Company (NYSE:  DIS) announced on Tuesday that it has acquired Playdom, a publisher of online social games, in a deal...