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Qualcomm Confirms FLO TV Shutdown Plans, Layoffs

socalTECH

Qualcomm said that--if it shuts down the service--it will make "appropriate refunds" and would order some layoffs related to the shutdown. Tags: qualcomm television content streaming media layoffs entertainment jobs employment. READ MORE>>.

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

socalTECH

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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Machinima Lays Off 42

socalTECH

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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Machinima Cuts 10 Percent More

socalTECH

Los Angeles-based YouTube network Machinima announced Wednesday afternoon that it has laid off 10 percent of its employees, or 22 employees out of a current staff of 206, as part of a shift in its programming plans. The company said the layoffs come as part of an "increased commitment to premium programming". READ MORE>>.

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Disney's Maker Studios Cuts Jobs

socalTECH

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 Chops 10 Percent

socalTECH

High flying, YouTube network Machinima has laid off 10 percent of its staff, as part of a reorganization, according to reports Friday evening. News of the layoffs first trickled out via Twitter from many of the firm's former employees. READ MORE>>.

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MediaLab acquires messaging app Kik, expanding its app portfolio

TechCrunch LA

” MediaLab is a holding company that owns several other mobile properties , including anonymous social network Whisper and mixtape app DatPiff. In 2017, TechCrunch reported that Whisper underwent significant layoffs to stave off collapse and put the company on a path to profitability. million in revenue for that calendar year.