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Local.com Drops LEC Billing Acquisitions

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Irvine-based Local.com , the online operator of local search advertising sites, said today that it has suspended its acquisition of LEC-billed subscribers, and will focus on providing its own, credit-card local business product, Exact Match. Local.com said it will instead focus on traditional local business products, charged at $1795.00

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CityGrid Media Buys BuzzLabs

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West Hollywood-based CityGrid Media , the unit of IAC formerly known as CitySearch, said today that it has acquired BuzzLabs , a social media monitoring and sentiment analysis software developer. CityGrid Media operates the Citysearch, Insider Pages and Urbanspoon web sites. BuzzLabs was based in Seattle.

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SheKnows Cracks Top 10 Gaining Web Properties

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Los Angeles-based SheKnows , the online women's media site owned by AtomicOnline, has shown up in the top 10 list of gaining properties, based comScore's latest ranking of web visitors today. SheKnows was ranked number 100 in terms of top web properties. READ MORE>>.

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Moviepilot Goes Native, Bets On LA, US Market

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Moviepilot , the online film review and publishing site led by Tobias Bauckhage, has sold off its German website, moviepilot.de , to French publisher Webedia. Moviepilot''s web site focuses on film recommendations, film discovery, and the company also helps studios with social media campaigns. READ MORE>>.

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Report: Demand Media Sorting Out Accounting Before IPO

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A report today says that the latest updates to Demand Media's S-1 are a result of government scrutiny over how the firm is accounting for content developed for its sites. AllThingsD said the accounting questions have delayed Demand Media's roadshow until the beginning of the year. READ MORE>>.

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Gorilla Nation, AtomicOnline, Double Helix, Springboard In Big Merger

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Online marketing firms Gorilla Nation , Atomiconline , Double Helix , and Springboard said this morning that the firms are in a four-way merger, and have become Evolve Media. The firm said that Evolve Media has over 250 employees, and reaches over 300 million monthly uniques across its web sites.

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ReachLocal Launches ReachCast

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According to the firm, the new product provides Web presence management to its customers, helping customers to drive their online search discovery, manage their reputation, and also manage social media marketing. The firm said the product is a result of its acquisition of SMB:Live back in February. READ MORE>>.