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Outside.in, which has raised $12 million over the last two years, got its biggest endorsement to date, notes Paid Content. CNN will invest $7 million in the hyperlocal aggregator. CNN.com, with more than 30 million monthly unique users, is by far the biggest publisher to run Outside.in’s content.

Outside.in’s new publisher program lets Dow Jones and the NY Post, for example, pay Outside.in for an ad-free version of their feed, or they can get feeds for free if they include ads.

Hyper Local is the new green.

Fisher Communications has launched a network of 28 hyperlocal neighborhood Web sites in the Portland market and 10 in the Eugene market after similar hyperlocal websites in their Seattle homebase.

The Seattle Times is working with established blogs in the region, including MyBallard.com and the West Seattle Blog. The Times partnership with the local blogs is funded through a grant from the Knight Foundation. It includes four goals, according to the press release.

Earlier this year, after falling ad sales, the Seattle Post-Intelligencer, founded in 1863, stopped their print edition on March 17, 2009, when it became an online newspaper.

Other hyperlocal developments include:

Related Newspaper and Location services articles on Dailywireless include; Google’s Real Time News, Hulu for Publishers Announced, Boxee Box, NPR Launches Local Journalism Project, Internet Advertising: Down But Mobile, WSJ Mobile: $2/week, Apple Tablet Confronts Publishers, Open Source: Moving Up, Ocean Observatories: The Ultimate Splash Page, Web2go Localizes Media, Google Crowdsources Live Traffic on Maps, Merits of Twitter Location Debated, Rental Bikes: Free with Location-based Apps?, Tom Tom: $99 iPhone Navigation App, Location-based Apps from Navigon and Skyhook, Tracking Tools, Loopt on Sprint Instinct, and Navigation: There’s an App for That.

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