Local Content Consolidation: Advance Publications? Bizjournals Division Buys Streetwise Media Sites

Some consolidation afoot in the world of local online publishing: American City Business Journals, the Advance Publications-owned publishers of the Bizjournals network of local business sites, has bought Streetwise Media, which runs two websites based on crowdsourced local news, Bostinno?in Boston and In the Capital?in Washington, DC. Financial terms of the deal were not disclosed.

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