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Hulu Sells Off Japanese Business

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Los Angeles-based streaming television service Hulu announced late Thursday that it is selling its Japanese business to Nippon Television Network Corporation (Nippon TV). Nippon TV said it would use the acuqisition to enter into the subscription, video-on-demand business. Financial terms of the deal were not disclosed.

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Hulu Eyes IPO

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Los Angeles-based Hulu , the online video streaming site, is apparently in efforts to file for an IPO, as a long line of Southern California firms heads towards the public markets. According to a report in the New York Times, Hulu is in discussions with investment bankers about pursuing an IPO in the fall. READ MORE>>.

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FandangoNOW Links Into Vizio's SmartCast

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Los Angeles-based movie streaming service FandangoNOW , the recently launched on-demand video service from Fandango, is now included on the VIZIO SmartCast app, the two companies said this morning. FandangoNOW launched in March of 2016, and came out of the acquisition of on-demand movie service M-GO in January.

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Southern California IPO List Gets A Little Longer

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Other firms currently in registration include Santa Monica-based Demand Media ; San Diego-based Zogenix ; Inphi Corp. which has most of its employees in Westlake Village; Los Angeles-based Gamefly ; City of Industry-based NewEgg ; San Diego-based Fallbrook Technologies ; and Thousand Oaks-basd Nexsan.

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Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

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Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets. READ MORE>>.

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Interview with Ilya Pozin, Cofounder of Pluto TV

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In January, Los Angeles-based Pluto TV (www.pluto.tv) was acquired by Viacom for $340M, one of the largest acquisition deals so far in the region this year. That's when it clicked for me, realizing that for some reason, everything online is on-demand. Ilya also founded Coplex, a startup development studio.

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All The Questions You Wanted Answered about Bird Scooters and Their Recent $300 Million Funding

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While this reaction to such a valuation is understandable, to anybody who has seen the meteoric rise in consumer demand and actual revenue the valuation is much less surprising and may turn out to be quite conservative. You don’t “Bing” information or “Hulu and chill.” Is Bird really defensible? Couldn’t anybody launch a competitor?