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Demand Media Buys Saatchi Art, Appoints Sean Moriarty As CEO

socalTECH

Santa MOnica-based Demand Media made a surprise move this morning, saying it has appointed former Ticketmaster CEO Sean Moriarty as its new CEO--and also acquiring Moriarty''s startup, Saatchi Art. According to Demand Media, it paid $17M for Saatchi Art, in a mix of cash and stock, in a deal which will add revenues of $0.5M

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Demand Media Sells Pluck

socalTECH

Los Angeles-based Demand Media has sold its social media software arm, Pluck , to New York-based Sprinklr , the companies said Thursday. Pluck, which is based in Austin, was founded in 2003, and had been acquired by Demand Media in 2008 in a deal worth $56.3M. demand media pluck merger acquisition social software' READ MORE>>.

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Demand Media Buys E-Commerce Marketplace Society6 For $94M

socalTECH

Santa Monica-based Demand Media has acquired Society6 , an online e-commerce marketplace centered around artists, the company announced Monday afternoon, as part of an effort to expand its content and media platform. According to Demand Media, it paid $94M for Society6, including $75M in cash and approximately $19M in its common stock.

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Wrench’s on-demand vehicle repair and maintenance service picks up $20 million

TechCrunch LA

Wrench , the Seattle-based on demand vehicle maintenance and repair service for consumers and fleets, has raised $20 million in its latest round of financing. RepairSmith , which operates a similar service out of Los Angeles and San Francisco, is backed by Daimler to provide much the same on-demand repair services.

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Zingy's On-Demand, Dog Walking Services Acquired By Rover

socalTECH

Los Angeles-based Zingy , an online, on-demand dog walking service, has been acquired by Rover , according to the companies. Financial terms of the acquisition were not announced, and it's unclear when the actual acquisition occurred. READ MORE>>.

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Planning 500,000 charging points for EVs by 2025, Shell becomes the latest company swept up in EV charging boom

TechCrunch LA

Shell’s plan to roll out 500,000 electric charging station in just four years is the latest sign of an EV charging infrastructure boom that has prompted investors to pour cash into the industry and inspired a few companies to become public companies in search of the capital needed to meet demand. One more deal soon followed.

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Fandango Launching Video-On-Demand Service

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Los Angeles-based Fandango , the online movie ticketing and information services, said Tuesday that it will launch its own, premium on-demand video service, FandangoNOW , on March 30th. The company said the new service will offer up both new and catalog movies from all of the major studios, along with TV shows, for purchase or rental.

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