BRIEFLY IN BUSINESS

Content management platform launched

Glendale-based New Media Broadcasting Co. announced the official launch of MashCast, the company’s online communications and content management platform that representatives said would rapidly redefine the way companies and artists communicate — and consumers consume — brands and products.

Within their MashCast network, individual artists and businesses can own and manage exclusive online communities, giving them the power to connect their network to all social media outlets (i.e. Facebook, Twitter, YouTube) for push button online distribution of select content; grant varying levels of rights, roles and permissions to members; distribute content securely to their subscribers real-time or “on demand;” and customize and segment content for targeted communication, according to a company announcement.

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Community Bank reports net income

Community Bank, with assets exceeding $2.5 billion, reported net income of $1.3 million for the third quarter of 2009.

The bank, founded in 1945 and headquartered in Pasadena, has been independently owned and operated for more than six decades, with branches in Glendale and Burbank. The bank’s net income for the third quarter of 2009 compares to $2.3 million for the third quarter of 2008. For the nine months ending Sept. 30, the bank reported net income of $6.1 million compared to $13.4 million for the same period last year.

For more information, visit www.cbank.com.