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Ozy Media Raises $35 Million Amid Shift to TV, Podcasts, Events

Axios:  Ozy Media, a media and entertainment company led by Carlos Watson, said Friday that it's raised $35 million in new venture capital funding. Ozy launched as a digital magazine for the "change generation," but has moved its focus toward TV production, podcasts...

G/O Media in Talks to Sell ClickHole as Deadspin Staff Departs

Wall Street Journal:  G/O Media’s sports website Deadspin lost all of its editorial staff last week. G/O is currently in advanced talks to sell ClickHole, a website that parodies digital media outlets, to the game company Cards Against Humanity, for less than $1...

Gawker’s Denton, Mum About Deadspin, Plans Messaging Tool

Vanity Fair:  Nick Denton has been “totally silent” on the current affairs of his former website Deadspin. The Gawker Media founder is still said to be gearing up to launch the chat-messaging tool that he described after bowing out of his digital media company -- “a...

Pinterest Turns to Video Ads, Online Shopping as Growth Stalls

MarketWatch:  Revenue growth that was cheered in Pinterest's previous earnings report has not continued. The company is looking to increase revenue through video advertisements and strengthening user ability to buy items directly from the online scrapbooks they create...

G/O Media’s Deadspin Debacle a Harbinger of Worse to Come?

New Republic:  Deadspin’s absurd decline -- which could not better contrast the integrity and talent of its staffers on one side and the craven shit-eating of their corporate masters on the other -- should serve as a wake-up call to the powers that be. It’s almost...

WalMart Considers Sale of Its On-Demand Video Service Vudu

The Information:  Walmart is considering selling its Vudu on-demand video service, a sign of how the digital video business has evolved from on-demand rentals and purchases to streaming. Word of Walmart’s desire to sell Vudu comes days before Disney and Apple each...



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