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Buzznet Raises $12.5M More

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Los Angeles-based Buzznet , which operates a network of web sites focused on celebrities and pop culture, announced this morning that it has raised $12.5M Buzz Media said it now has more than 40 million people visiting its web sites every month. and will rename itself Buzz Media. READ MORE>>.

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Report: Buzznet Chops Staff

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Hollywood-based, music-related blog and content firm Buzznet has reportedly cut employees, according to a report from Digital Music News. According to the publication, citing a representative of the firm, Buzznet has eliminated 10 employees, from a total of 89 staff. This publication has not yet confirmed the cuts with the firm.

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Buzznet Hires Two, Snags NYTimes Editor

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Hollywood-based Buzznet, an online social media and networking site focused on music, said Wednesday that it has hired two editors to bolster its music editorial team. Buzznet is venture backed by Anthem Ventures, Interscope, and Redpoint Ventures. READ MORE>>

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Buzznet Puts Focus On Celebrities

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Los Angeles-based Buzznet , the venture-backed operator of a network of entertainment-focused social media sites, is making the rounds with a new feature on its Celebuzz celebrity web site this week. The firm rolled out a "zoom" feature that allows users on the site to magnify celebrity photos on the site.

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BUZZMEDIA Tops Facebook On Young Adult Usage

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Los Angeles-based BUZZMEDIA , the online entertainment blog and web publisher, is trumpeting its ranking today by comScore as one of the sites with the highest young adult reach. BUZZMEDIA said that 18-34 year olds are more likely to be found on its site than on Facebook and other sites.

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BUZZMEDIA Further Boosts Sales Team

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Hollywood-based BUZZMEDIA , the parent company of Buzznet, Celebuzz, Stereogum, and a network of other sites, is in the midst of expansion, saying this week that it has hired on four new additions to the firm's advertising team. Tags: buzznet buzzmedia executive sales. READ MORE>>.

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BUZZMEDIA Gets Competition From MOG

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Hollywood-based BUZZMEDIA , the venture-backed publisher of music content, information, and community sites, is getting some new competition this week from Berkeley-based MOG. According to MOG, it has launched a new "editorial hub" called the MOG Music network which will showcase content from a network of 1,300 music blog.