Groupon Inc (GRPN) News: Fight Back, Deal Announcement & Social Reality Inc (SCRI)

Editor’s Note: Groupon Inc (NASDAQ:GRPN), Social Reality Inc (OTCBB:SCRI)

Groupon Launches Partner Network, So Daily Deals Aren’t Dead? (Marketing Pilgrim)
My how internet time flies. In a few short years, Groupon Inc (NASDAQ:GRPN) went from being one of the fastest growing internet businesses to one of the biggest internet business disasters. Small businesses blamed the company for roping them into deals that hurt rather than helped, stock prices dropped 89%, then CEO and co-founder Andrew Mason was fired fueling the rumors that Groupon was going down. Now, Groupon is fighting back with the formation of the shiny, new Groupon Partner Network.

Groupon Inc (NASDAQ:GRPN)

Goodie Mob Album Featuring CeeLo Drops on Groupon (The Wall Street Journal)
Groupon (NASDAQ: GRPN) (http://www.groupon.com) today announces a deal for Goodie Mob’s first album in 14 years. Groupon has a limited supply of Goodie Mob’s new album, “Age Against the Machine,” which officially releases from Primary Wave on Aug. 27. The CD is now available for purchase at Groupon.com for $8.99 at http://gr.pn/180qCBQ. The first single off the new Goodie Mob album is entitled, “Special Education,” featuring Janelle Monae. The album also features T.I., and Goodie Mob’s U.S. tour kicks off this weekend on Aug. 24 in Washington, with a special stop the following night in Brooklyn, N.Y. for a post-VMAs concert at Brooklyn Bowl. Goodie Mob’s last released single was “Fight To Win,” in the summer of 2012, an anthem of liberation, motivation and determination to always fight to win in life, a motto that the Goodie Mob lives by. Also, CeeLo Green’s memoire, “Everybody’s Brother,” releases Sept. 10. In addition to the new album, tour and book, CeeLo and Goodie Mob will be the subjects of a new reality series to debut in 2014.

Prior GM of Groupon JV with Tencent in China Joins the Board of Directors of Social Reality (PR NewsWire)
Social Reality Inc (OTCBB:SCRI), a technology advertising company that develops platforms for social and digital advertising, today announced that Malcolm CasSelle has joined its board of directors. Mr. CasSelle is a dynamic entrepreneur who has served as CEO of a number of fast growing technology companies. Most recently Mr. CasSelle was the CEO of Mediapass, a company that provides paywall technologies to enterprise content publishers. Prior to Mediapass he was the CEO of Xfire, an online gaming social platform with 22mm registered users. Mr. CasSelle also launched and built Groupon Inc (NASDAQ:GRPN) operations as part of its joint venture in China with Tencent where his responsibilities on the executive team included sales, marketing, operations and the P&L.

GUIDELINES WRITTEN FOR DEALING WITH GROUPON (Golf Club)
A number of golf clubs have complained that using external non-golf websites such as Groupon Inc (NASDAQ:GRPN) and AmazonLocal to market and sell tee times have unsustainably devalued golf, taken money out of the game and taken power away from golf venues, even though the campaigns are often successful at increasing footfall to a club.

Insider Selling: Ryan Drant Sells 6,923 Shares of Groupon Stock (GRPN) (Zolmax News)
Groupon Inc (NASDAQ:GRPN) major shareholder Ryan Drant unloaded 6,923 shares of the stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $9.94, for a total transaction of $68,814.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Street fight over Groupon (CNBC)

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