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Variety Acquired By Penske Media

socalTECH

The bible of entertainment industry news, Variety , has been acquired by Internet entrepreneur Jay Penske, via his firm, Penske Media , the companies said today. Penske Media owns such online publications as Deadline, HollywoodLife, BGR, and TVLine MovieLine, a number of which are major competitors to Variety.

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The Gores Group Buys Zmags

socalTECH

Los Angeles-based private equity investor The Gores Group announced this morning that it has acquired Zmags Corp. , a Boston-based software developer which develops self-service, publishing tools aimed at magazine publishers, catalog publishers, and others. Financial terms of the buy were not disclosed. Rigney as CEO of Zmags.

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A Few Key People Really Can Make a Huge Difference

Both Sides of the Table

I’ve often talked about the NY advantage of having the NY Times, WSJ, Silicon Alley Insider, New York Magazine and even the editor of TechCrunch based there. Every region needs its local media & events. In LA we have SoCalTech , for which I am grateful. It’s awesome. That’s natural. We know it can be done.

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Ten Tech Entrepreneurs Who Are Putting LA on the Map

SoCal Delicious

magazine and the LA Business Journal. Richard Rosenblatt – Demand Media. Most recently, Rosenblatt cofounded Demand Media, launching in 2006 with $120 million in equity and the acquisition of eHow.com. You might know Demand Media better as the people behind Cracked, DailyPuppy, and GolfLink. Follow @pandodaily.