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Hollywood Interactive Gets $5M

Hollywood Interactive Group, which develops an online web site for celebrity and entertainment news, said Thursday that it has raised $5M in a Series A funding round. The round came from BlueRun Ventures. According to Hollywood Interactive, the funding will go to develop its content initiatives, including MyHollywood.com, a web site for women focused on celebrity and entertainment news, fashion, casual games, and community. MyHollywood.com includes a massively multiplayer online game called the "Red Carpet Game" focused on a "virtual Hollywood." More information »