San Francisco - Following months of financial struggles, PlanetOut, the San Francisco-based media and entertainment firm focused on the gay and lesbian market, said that it has signed a deal to merge with Regent Media, the Los Angeles-based owner of gay-focused cable network Here Networks.

Los Angeles - Regent Media, the owner of gay-focused cable network here! Networks, announced that it has completed its acquisition of gay media firm PlanetOut's (NASD: LGBT) publishing properties, including Out and The Advocate magazines.