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Tsavo Media Sold For $75M

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Los Angeles-based online media firm Tsavo Media , which was founded by Mike Jones, founder of Userplane and current co-President of MySpace, has been sold for $75M to a Canadian firm. According to Toronto-based Cyberplex , it is acquiring Tsavo and its 300 consumer websites for $75M. READ MORE>>.

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New Owner Looks To Sell Tsavo Media, Sees Yahoo Penalty Fees

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The new owner of former Los Angeles startup Tsavo Media , Canadian-firm Cyberplex , said today that it is looking for "strategic alternatives" for the unit of the firm, after a fiasco involving Yahoo's traffic quality reporting system. million, due to Yahoo's indication that Tsavo was sending it "low quality" traffic.

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Tsavo Loses Macadaan

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Santa Monica-based Tsavo , the online media company which owns Manolith, Twirlit, Kidglue, and Nibbledish, has lost its Vice President of Product and Design, Mike Macadaan. According to Macadaan, this week is his last at Tsavo. According to Macadaan, this week is his last at Tsavo. READ MORE>>.

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DONE Ventures Gets Trial Date In NBC Suit

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Los Angeles-based DONE! Padnos sold BetterPPC in September of 2008 to Tsavo Media, the startup which was started by current MySpace president Michael Jones. NBC apparently agreed to sell the domain, based on emails included in the lawsuit, but then backed out at the last minute on the sale.

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Wittlebee's Percival Surfaces At Topix

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Sean Percival , the founder of Wittlebee and former MySpace, Tsavo Media, Docstoc, and Mahalo executive, has surfaced at hyperlocal news site Topix as VP of Marketing. Percival, who had been very visible in the Los Angeles technology scene, had left Los Angeles in July seeking new pastures.

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Ranker Names COO, Taps Jones For Board

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Los Angeles-based Ranker , the online service which allows anyone to list and rank things on any topic, said today that it has named Mani Dhillon as Chief Operating Officer, and tapped former MySpace CEO Michael Jones for its board. Ranker said it is now getting around 4.5 million monthly unique visitors. READ MORE>>.

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Sometrics Names Bisdev VP

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Los Angeles-based Sometrics , a developer of analytics tools for online game developers, announced today that it has appointed Steve Schepke as its Vice President of Business Development. Schepke was most recently Agency General Manager for Tsavo Media, and has also previously served at Commission Junction and Proceed Interactive.

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