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Akatsuki Lauches $50M Entertainment Investment Fund

socalTECH

Japanese entertainment firm Akatsuki has launched a brand new, Los Angeles-based entertainment fund, called the Akatsuki Entertainment Technology Fund (AET Fund) , which will invest in augmented reality and other entertainment technology, the Japanese company announced on Tuesday. READ MORE>>.

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Global Eagle Entertainment Investment Deal Collapses

socalTECH

Los Angeles-based Global Eagle Entertainment , a developer of in-flight entertainment products and provider of broadband Internet services, has called off a $416M majority investment deal from Chinese company HNA Group , after the U.S. refused to approve the transaction.

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7 Indications Your New Venture May Not Be Investable

Startup Professionals Musings

Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. These historically have included work-at-home, restaurants, telemarketing and social-service providers. Others may indeed make good family businesses, but are usually deemed not worth investment.

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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

TechCrunch LA

As video commerce becomes the norm and entertainers, brands, businesses, and franchises of all sizes and stripes look to cut out the middle man, the array of services on offer from Maestro may be the scissors these entities need to cut the cord. Sales, Sony Music Entertainment, in a statement. . ”

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William Morris Invests in Mobile Development Firm

socalTECH

Beverly Hills-based talent agency and entertainment giant William Morris Endeavor looks to be busy with investments this week. Financial terms of the investment were not disclosed. The firm as backed a mobile application development company, Chaotic Moon Studios , as part of a strategic partnership. READ MORE>>.

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LA Dodgers Launch Sports, Technology, Entertainment Accelerator

socalTECH

According to the two, the new startup accelerator will focus on companies at the intersection of sports, technology, and entertainment. The accelerator says it hopes to have a mix of early-stage startups developing new technologies, products, and services, as well as later-stage companies. READ MORE>>.

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Arktos Entertainment Funds Online Gaming Firm

socalTECH

Los Angeles-based Arktos Entertaiment Group , a firm which says it provides investment, creative and production management support, and other services to interactive and online entertainment firms, said today that it has led a $5M investment round in firm Online Warmongers.