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Demand Media Unloads Cracked For $39M

socalTECH

Santa Monica-based Demand Media has sold Cracked , its online humor site, to the E.W. According to Demand Media, the move will give it a "more focused portfolio of businesses", and also "significantly" strengthen its balance sheet. Demand Media acquired Cracked in 2007. READ MORE>>.

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Total Beauty Acquired By Evolve Media

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Los Angeles-based Total Beauty Media Group , the beauty products focused site founded by Emrah Kovacoglu, has been acquired by Evolve Media , and will become part of Evolve''s TotallyHer division. The company had been founded in 2007, and was venture backed by US Venture Partners and Wallington Investors. READ MORE>>.

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Evolve Media Buys BabyandBump.com

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Los Angeles-based Evolve Media Corp. , the online media company that owns AtomicsOnline, Gorilla Nation, and SheKnows, continues to expand its empire, saying this morning that it has acquired pregnancy community BabyandBump.com. Evolve Media said that BabyandBump.com will become part of its Momtastic , its online community for moms.

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Demand Media Sued By Mania.com's Founder

socalTECH

Santa Monica-based Demand Media has been sued by Chip Meyers, the founder of Mania.com, according to a report today from paidContent.org. from Demand, over Demand Media' acquisition of his site in 2007. Tags: demand media lawsuit chip meyers mania merger acquisition legal.

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Demand Media Claims Billions Of Video Views

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Santa Monica-based Demand Media , the Internet publishing and content effort run by Richard Rosenblatt, reported today that the firm has seen more than one billion video streams across its network of sites and branded YouTube channels. Tags: demand media video content publishing youtube. READ MORE>>.

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9 Gets Funding Round

socalTECH

Los Angeles-based 9 , a startup offering consulting and production for brands, entertainment, media, internet and retail companies, has raised a small round of funding from private investors. According to the firm, it will help companies that want to create and sell ideas across broadcast TV, broadband, print or digital media.

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AudioMicro Gets New, Big Competitor: Getty Images

socalTECH

Los Angeles-based AudioMicro , the stock audio startup looking to provide music and sound effects, has some new competition this week: Getty Images, through its iStockphoto site. Born told socalTECH that the entry of iStock into the area "validates and expands the market" for micro stock audio. READ MORE>>.

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