Living Social Adds $14 Million, Teams with Washington Post

On the heels of Groupon’s $135 Million round (and $1 billion valuation), Living Social has stepped up to the plate with a new $14 million C round, led by Lightspeed Venture Partners, with U.S. Venture Partners, Grotech Ventures and Steve Case’s Revolution, LLC participating. The new money gives Living Social a total of $39 million […]

Allbrittron Combines Two DC-Area TV Station Sites into Local Portal

Allbritton Communications will merge its two Washington D.C. area TV station sites— and –and build a new, 50 person local DC site behind former editor Jim Brady, who developed the concept. The site will be run adjacent to Politico, Allbritton’s successful, all politics vertical. In an interview with, Brady said he hopes […]

Hyperlocal Roundup: WaPo Pulls Out, AOL’s Patch Adds 2 Towns

Hyperlocal, everyone’s favorite unproven concept, has been back in the news this week. It started a couple of weeks ago. BackFence Founder Mark Potts’ announced that he has formed a high profile team and built ad technology to drive network and local revenues for up to “2000 hyperlocal sites” – an interesting and large number. […]

D7:The WaPo’s and HuffPo’s Different Takes on Local News

Two very different takes on local news were in evidence at the WSJ’s D7 conference in Carlsbad,CA today, as Arianna Huffington of The Huffington Post and Katharine Weymouth of The Washington Post were interviewed by former Post reporter Kara Swisher about their respective directions. Since the November election, Huffington noted that the Huffington Post has […]

CV’s HomeGain Signs with The Washington Post (too)

Yesterday, Trulia announced it was replacing Classified Ventures’ as the real estate search provider on Today, the paper seems to have reaffirmed its ties to CV via a new deal with CV’s HomeGain. The deal with HomeGain provides paid leads to real estate agents, and on paper, complements the deal with Trulia, which […]

Ballmer on Future of Print

In a new Washington video, Microsoft CEO Steve Ballmer talks on a wide variety of topics, including the future of print. “In the next ten years, the world of media companies will be turned upside down,” he says. “There will be no newspapers or magazines delivered in paper form. Everything will be delivered in […]