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Fullscreen In Talks To Sell Itself To Otter Media, Says Report

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Los Angeles-based multichannel content network Fullscreen is in the midst of selling itself to Otter Media , the joint venture between AT&T and The Chernin Group, according to reports. fullscreen otter media chernin group hollywood youtube network video merger acquisition rumor' READ MORE>>.

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TrueX Media Acquired For $200M, Says Report

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Los Angeles- and New York-based video advertising company TrueX has been acquired by 21st Century Fox , according to a report from the WSJ this morning. The deal is reported to be worth $200M. TrueX Media offers up interactive, video advertising technology, and is led by Joe Marchese. READ MORE>>.

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SoCal Investors Score With Klout Acquisition

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A number of Southern California angel investors, and one of its venture firms, have scored an exit over at social media influence measurement startup Klout , as the San Francsco company said Thursday that it is being acquired by Lithium Technologies. The deal is reportedly worth $200M. READ MORE>>.

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Penske Media, MRC In Data Joint Venture

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Los Angeles-based companies MRC , the owner of a independent TV studios and a number of other entertainment companies and holdings--including measurement firm Nielsen Music--and Penske Media Corporation (PMC), announced late last week that they are in a new, joint venture, which will join their ata businesses.

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Report: Demand Media Passed Up $1.2B Go Private Deal

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Los Angeles-based Demand Media just passed up a deal to go private, according to a report over the weekend from the WSJ's AllThingsD, which says that the firm--headed by Richard Rosenblatt--ultimately decided to pass on the offer from private equity shop Thomas H. Lee Partners. Apparently, T.H. Lee offered up to $1.2

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Internet Brands Buys High Gear Media

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Los Angeles-based Internet Brands said this morning that it has acquired automotive publisher High Gear Media. High Gear Media''s automotive publications include The Car Connection , Motor Authority , and Green Car Reports. High Gear Media had been founded in 2007. Financial terms of the buy were not disclosed.

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Break Media, Alloy Digital To Merge

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Los Angeles-based online content publisher Break Media and Alloy Digital said Tuesday that the two are merging to form a new, Internet video company called Defy Media. Break Media founder and CEO Keith Richman will become President of the new company, with Alloy CEO Matt Diamond becoming CEO, according to reports.

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