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Netflix Eyes LA Billboard Company, Says Report

socalTECH

Netflix --which has major operations in Los Angeles--is looking to acquired Los Angeles-based Regency Outdoor Advertising , according to a report on Friday. The report, from Reuters, says that Netflix has offered around $300M for Regency Outdoor. The report cited "people familiar with the matter." READ MORE>>.

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Evite Names Advertising SVP

socalTECH

Los Angeles-based online invitations service Evite has named Diane Malloy as its new Senior Vice President of Advertising and Advertising Operations, the company announced this morning. Malloy will be based in New York, and will report to CEO Victor Cho. READ MORE>>.

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Report: Snap Acquires Metamarkets

socalTECH

Venice-based Snap , the parent company of Snapchat , has reportedly acquired programmatic advertising startup Metamarkets , according to unconfirmed reports. Those reports place the transaction value of the buy at less than $100M. Metamarkets is based in San Francisco. READ MORE>>.

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Evolve Media Launches New Native Video Advertising Product

socalTECH

Los Angeles-based Evolve Media reported late last night that it has launched a new, native video advertising product called INgage. The company said its new product brings video out of the "right rail blind spot" on websites. The company said its new product brings video out of the "right rail blind spot" on websites.

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VideoAmp Raises $2.2M For Video Advertising Platform

socalTECH

Santa Monica-based VideoAmp , which operates a programmatic video advertising platform, said this morning that it has raised $2.2M The company says it already has more than 20 engineers in its Los Angeles offices. videoamp video advertising venture capital ross mccray' READ MORE>>.

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Silicon Beach Report Nov. 7: Snap Earnings Report: Company Misses Revenue Target, Adds Just 4.5 Million New Users

L.A. Business Journal

Snap’s quarterly earnings report disappoints, pop star and entrepreneur will.i.am’s I.am+ raises $117 million and digital advertiser H Code Media partners with online health care portal Webconsultas.

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Verb Technology Reports First Quarter Earnings

L.A. Business Journal

Hollywood-based interactive video advertising Verb Technology Company Inc. reported its first quarter earnings May 16, posting a loss despite an overall revenue increase in its first earnings report since going public.

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