Spin Media

Spin media, formally known as Buzznet and Buzz media, is a company and blog network based in Los Angeles. It owns a community of pop culture websites. Buzz media was founded by Anthony Batt, Marc Brown, Kevin Woolery and Steve Haldane.In 1999 Batt and Brown started a blog, by 2006 Buzznet had a total of 9 people in the Los Angeles area. The company announced on March 19, 2009 it raised us$12.5 million in funding from venture capitalist that include companies that already invested in the company, such as Anthem Ventures, New Enterprise Associates, Redpoint Ventures and Sutter Hill Ventures, as well as new investor Focus Ventures.It acquired Spin Media, publisher of Spin magazine in July 2012. After shutting down the print version of the magazine, reducing its staff to abput 200, and focusing on advertising, it rebranded itself as Spin Media in March 2013. In April 2013 it acquired Vibe magazine.