Jim Bankoff–the well-regarded former AOL exec who runs an online sports news network called SB Nation–has nabbed $7 million in funding from investors, including Comcast Interactive Capital, said sources.

People familiar with the situation said SB Nation’s post-investment valuation, after this second round, will be $30 million and also include previous investors, such as Accel Partners and Allen & Co.

Read More »

Lloyd Braun–the former Hollywood super-programmer turned Yahoo entertainment czar turned Hollywood and online programmer–has signed a multimillion-dollar deal to make an original destination site for Microsoft’s MSN portal, aimed at aggregating celebrity, entertainment and pop culture news, according to several sources.

At the same time, Braun also inked a deal with Yahoo to create a daily online report of “weird news.”

Read More »

Yesterday, newly minted Time Warner CEO Jeff Bewkes (pictured here) finally acknowledged the Web equivalent of the grass is green and the sky is blue related to its AOL unit.
His move–separating the dying Internet-access business from its much more robust online ad business–was long in coming, and it has been perplexing as to why it [...]

Read More »

Now I really have to give props to Facebook Founder and CEO Mark Zuckerberg, because he’s made it onto one of my favorite Web sites: TMZ.com
The AOL-owned celebrity dishfest–which covers the antics of Britney Spears with as much intensity as if it were the crisis in Iraq–had a video post on him and his longtime [...]

Read More »

How much did I love it yesterday when Harvey Levin, managing editor of TMZ.com, had the news that Paris Hilton had dropped her appeals efforts in regard to her upcoming incarceration for violating her probation and he slapped it up on the celebrity news and gossip site during my visit.

A longer post is coming [...]

Read More »

News that AOL was No. 3 in the access business in the U.S. was a little bittersweet for any longtime watcher of the online service. At 12 million customers, it sits behind AT&T (12.9 million) and Comcast (12.1 million) and is bleeding subscribers from its once-mighty dial-up business, who are not shifting over in the [...]

Read More »