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Penske Media Names COO

socalTECH

Los Angeles-based Penske Media Corporation , which owns such media brands as Variety, WWD, Deadline, Indiewire, and other online and offline publications, says it has named George Grobar as its new Chief Operating Officer. He also previously served at Unisys Corporation. READ MORE>>.

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Thanks to socalTECH's Sponsors!

socalTECH

tech, new media, entertainment and consumer industries. Dealmaker Media www.undertheradarblo g.com is presenting their 13th Under the Radar conference in Mountain View, CA on. April 24, 2009. socalTECH readers. socalTECH readers. 50% registration discount for friends of socalTECH. innovation.

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Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. Top for January 16, 2009 - January 31, 2009 Posts Are You Selling Online Yet? This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc.

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IPO Market Surpasses 2008, 2009, According to Report

socalTECH

A new report today released by PwC finds that the market for initial public offerings (IPOs) has jumped significantly in 2010, with volumes exceeding both 2008 and 2009 levels. A number of other companies have filed but have yet to reach the markets, including Peregrine Semiconductor, Demand Media, and Cornerstone OnDemand.

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Evolve Media Buys RealityTea.com, WebEcoist.com

socalTECH

Los Angeles-based Evolve Media Corp. , the parent firm of AtomicOnline, SheKnows, and a network of other digital media sites, announced this morning that it has acquired two sites-- RealityTea.com , focused on reality entertainment, and WebEcoist.com , a green living site. Financial terms of the acquisition were not disclosed.

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Demand Media Reports Profit

socalTECH

Santa Monica-based Demand Media , the internet publishing firm headed by Richard Rosenblatt, reported its fourth quarter and fiscal 2010 results today, the first as a public company. Demand Media said it had revenues of $73.6M in revenues from Q4 of 2009. in a loss in Q4 of 2009. in a loss in Q4 of 2009.

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Break Media Launches New Game Front

socalTECH

Continuing its push into original content, Los Angeles-based Break Media said today that it has launched a comprehensive redesign of Game Front , its online video game site, to add new, original editorial content, videos, and commentary to the site. Break acquired Game Front from Ziff Davis back in 2009, when it was known as FileFront.

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