Collective Digital Studio (CDS)

German broadcaster ProSiebenSat.1 picks up minority stake in Collective Digital Studio

Unterfohring, Germany-based mass media broadcasting firm ProSiebenSat.1 picked up a minority stake in Beverly Hills, US-based multichannel network Collective Digital Studio (CDS) for an undisclosed amount for expansion purposes.

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London news startup Oximity bags seed money from angel investors

London, UK-based user-generated news startup Oximity bagged an undisclosed amount of seed money from angel investors Ronnie Screwvala and K Ganesh to provide direct sources of global news in 180 languages.

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Beer & Brewer Magazine

Australian publisher Intermedia adds Beer & Brewer Magazine

Glebe, Australia-based business-to-business (B2B) publishing firm The Intermedia Group added beer and cider consumer publication Beer & Brewer Magazine for an undisclosed sum to beef up its liquor title portfolio.

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York Revolution

York Professional Baseball adds sports radio station WOYK

Pennsylvania-based York Professional Baseball Club LLC added sports radio station WOYK AM 1350 from WOYK Inc for an undisclosed amount in a deal that will turn the latter in to an affiliate of the Hershey Bears Radio Network.

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Shanghai Media Group

Shanghai Media acquires South Korean variety show

Chinese multimedia and Internet firm Shanghai Media Group acquired the rights to remake the popular 2013 South Korean variety show 'Grandpas Over Flowers' for an undisclosed amount.

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San Francisco's social news service Nuzzel comes out of beta

San Francisco, US-based social news service Nuzzel came out of beta testing to open let all users view a public feed of the most relevant and popular news that are automatically customized according to their interest.

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Content Media Corp

Content Media acquires Chinese media producer Alive Group

Santa Monica, US-based media entertainment firm Content Media Corp acquired Beijing, China-based producer Alive Group for an undisclosed amount to gain access to the booming Chinese market.

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Time Warner Cable Inc

Los Angeles files lawsuit against Time Warner Cable Inc, claims cable firm owes it $9.7M in fees

The City of Los Angeles sued Time Warner Cable Inc for its failure to pay franchise fees amounting to nearly $10 million in the past, the Los Angeles Times reported.

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Alibaba Group

Alibaba Group Holding agrees on majority stake purchase of ChinaVision Media Group in $804M deal

Alibaba Group Holding will be buying a majority stake in ChinaVision Media Group Ltd in an $804 million deal, allowing it to access TV and movie content, Reuters reported.

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Satoshi Nakamoto

Bitcoin founder Satoshi Nakamoto story 'strongly' supported by Newsweek

Newsweek has given their full backing for reporter Leah McGrath Goodman and the story she did on Bitcoin's secretive creator Satoshi Nakamoto, The Verge reported.

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Google Ventures pulls out funding for Bustle

Google Ventures took out the $100,000 backing it gave to Bustle, a woman-focused publication, after the investor found that they did not anymore share the same values with its founder, TechCrunch reported citing sources.

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Business Insider

US news site Business Insider raises $12M in round led by Jeff Bezos

New York, US-based news website Business Insider raised $12 million in a funding round led by Amazon chief Jeff Bezos for the expansion of its workforce and subscription service.

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Canal Plus

Canal Plus takes majority interest in YouTube French comedy channel group Studio Bagel

France-based premium pay television channel Canal Plus took a majority interest in YouTube French comedy channel group Studio Bagel for an undisclosed amount to beef up its Over the Top Technology (OTT) business in the country.

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Mashable closes Series A round with $14M

Mashable completed its Series A funding round with $14 million. The round was closed with an investment from Tribune Digital Ventures, a statement about the financing revealed.

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Biglari buys New York-based men's magazine MAXIM

San Antonio, Texas-based diversified holding firm Biglari Holdings Inc, through a wholly-owned subsidiary, bought New York, US-based men's magazine brand MAXIM for an undisclosed sum.

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