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Modern Luxury Acquires Juli B

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Publisher of local pubs Angeleno and Riviera, Modern Luxury has acquired Juli B. One of the email-driven services, which took its cues from Daily Candy but was never able to produce the quality of content, we can only hope that it improves under its new owners. The news came via an email blast to let readers know that Modern Luxury's email 'Hot List' newsletter would be going away: "Feeling a little lost now that the Hot List will become julib.com on August 5th? Don't! Just think of julib.com as the cool hip sister that's been to places you'd kill to know about. Remember when Beso opened in LA? julib.com had the first look." Although, we can't remember many times when Juli B beat its competitors to the punch. [Racked Inbox]