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Machinima Lays Off 42

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Los Angeles-based online content developer Machinima said Thursday that it has laid off 42 people at the company, all from its sales force, as the company continues to struggle with low ad rates and the large chunk of revenues that are claimed by Google from multi-channel networks. READ MORE>>.

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Disney's Maker Studios Cuts Jobs

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Maker Studios , the online YouTube content network which was recently acquired by Walt Disney , is cutting approximately 10 percent of its staff. maker studios disney merger acquisition jobs employment layoff content hollywood' READ MORE>>. The cuts were first reported by Variety. Maker Studios employs around 380 people.

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Machinima Cuts 10 Percent More

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The company said the layoffs come as part of an "increased commitment to premium programming". The layoff is not the first for Machinima, which also cut around 10 percent of its staff back in December. machinima venture capital content youtube network hollywood layoff jobs employment' READ MORE>>.

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HuffingtonPost Abandons Los Angeles Video Streaming Effort, Says Report

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huffingtonpost video streaming livestream talk television content hollywood huffpo live layoff jobs' The move apparently came as HuffingtonPOst is shifting its HuffPo Live focus to international markets. READ MORE>>.

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Machinima Wiped From The Internet As Entire YouTube Channel Set To Private

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In an unprecedented move, Otter Media , the new owner of Machinima , has set the entire Machinima YouTube channel to "private", effectively wiping the entire history of content created for the content network from the Internet. The sudden move over the weekend caught many YouTubers unaware, taking years of content off Youtube.

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Snapchat Retreats From Original Content

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Venice-based Snapchat has shut down its original content efforts, and laid off around 15 people who were working on the Snap Channel, according to Deadline. Snapchat had launched its original content efforts in January, to develop its own original content and music for the service. READ MORE>>.

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Blippar, Backed by Qualcomm Ventures, Calls It Quits

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Blippar developed image recognition and augmented reality apps, which pulled interactive content from publications, brands, and objects, and had counted such brands as Anheuser Busch, General Mills, Heinz, and Conde Nast as customers.

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