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Disney Shutters Parenting Blog Site, Babble

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Burbank-based Disney has shut down parent blog site Babble , according to the site, which did not say why it was shutting down. The site had originally been founded in 2006 by Rufus Griscom and Alisa Volkman, covering topics around parenting and raising children. Disney had owned Babble since 2011. READ MORE>>.

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Be Jane Sold

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Burbank-based Be Jane , the angel funded, online home improvement site focused on women, told its users that it has sold the web site to an undisclosed buyer, according to reports. The site had seen some turmoil after the founders of the firm departed, and investors installed their own management last year.

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Youbet.com Acquired By Churchill Downs

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Burbank-based Youbet.com , an online site focused on horse racing wagering and content, has been acquired by Churchill Downs Incorporated in a deal worth $126.8M. Tags: racing horse wagering acquisition merger downs churchill youbet. Churchill Downs operates thoroughbred racing events such as the Kentucky Derby.

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Warner Bros. Buys Flixster

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Burbank-based Warner Bros. Home Entertainment Group said this morning that it is acquiring Flixster , the movie site which also runs Rotten Tomatoes. According to Warner, both sites will continue to operate independently. Financial terms of the deal were not disclosed.

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Walt Disney Buys Mommy Blogger Empire Babble

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Burbank-based Disney said this morning that it has acquired Babble Media, Inc. , an online site features over 200 "mom bloggers". Financial details of the deal were not disclosed. Disney said that Babble will become part of the Disney Interactive Media Group, and provide an online resource for moms and fmailies.

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