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BuzzNet Gets Up to $25 Million + Stereogum

I began this post months ago and never posted it. Now it’s all but confirmed that BuzzNet FULLY owns Stereogum and on top of that Just received up to $25 million in funding. This according to Rafat Ali of paidcontent who is sitting right next to me at the Community Next conference.

We have confirmed through sources that Buzznet now fully owns Stereogum. Not sure how this plays into the new funding, but the financing may be used in making some other music and entertainment related content acquisitions and possibly rollups, our sources say.

UPDATE: Mashable is reporting that Buzznet has also acquired QLoud, the Steve Case-backed music network seen on Facebook and elsewhere.

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Caught Live on the Scobleizer Qik-Cast

At Hollywood and Highland, Outside Community Next conference, which is oddly being held in a nightclub, in a mall.

UPDATE: Check out my interview with Scoble, where I drill him on everything from the iinevitability of Microhoo to ideas on the next Twitter… HERE.

In the first video, I show off my Sierra Wireless 881U AirCard for AT&T that I just picked up. Hopefully bandwidth won’t be an issue when I use this, *ahem* but I’vebeen very impressed with it’s 1-2Mbps down and 1Mb up speeds on AT&T’s 3G network and it’s Mac compatibility. All I really want for Christmas is an N95 (or 96) but they don’t appear to be falling from the sky at H&H. Not yet at least.


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