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Scripps Buys Online Video Site Newsy

In what Ingrid Lunden writes is "another exit for a new media startup into the arms of the old media industry," E.W. Scripps, owner of  local TV stations and newspapers, bought Newsy, a digital video news platform, for $35 million. Deal is expected to close Jan. 1.

Read the whole story at TechCrunch »

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