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‘Know Your Meme’ Acquired By Cheezburger in Seven-Figure Deal

By now, it’s pretty clear there’s a real business in the hocking of internet culture. And when it comes to the business of documenting—and merchandising—the latest memes bubbling up from the internet’s underbelly and straight into pop culture, I Can Has Cheezburgeris at the top of the pile. The company runs dozens of sites like Fail Blog, The Daily What and LOLmart which chronicle even the briefest, most obscure internet phenomena. So when a web series births a spin-off web series—and ultimately a sizable online catalog—dedicated to dissecting the evolution of the now thousands of memes, you can bet Cheezburger took notice. Now today, we have learned from sources familiar with the deal, that Cheezburger Networks has acquired  Know Your Meme  for a low seven-figure sum. Read More... //

Web TV: 'Bed Intruder Song' Climbs The Charts

A young man's outrage at a crime against his sister has made its way from the local news, around the internet and onto the pop charts. The "Bed Intruder Song" started with a news report about an attempted rape in Huntsville, Ala. Kenyatta Cheese tracks internet memes at Know Your Meme . Watching the video, he says, "The reporter's very very straight-laced. You can tell she's just doing her job." Kelly Dodson was asleep with her little girl inside their apartment when, she says, "I was attacked by some idiot." The camera pans around the apartment -- there's broken glass, the bed is stripped. It's a pretty grim scene. Then, something totally unexpected happens. Dodson's brother Antoine Dodson pops out of the screen. You can't take your eyes off him. He doesn't seem like a victim of a crime, he seems like an improbable star of a show. He waves his finger in the camera's face. "He's climbing in your windows, he's snatching your people up trying to rape them," he says. "So you need to hide your kids, hide your wife, hide your husband because they raping everybody out here." Read the full article here