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Big tech companies are looking at Hollywood as the next stage in their play for the cloud

TechCrunch LA

This week, both Microsoft and Google made moves to woo Hollywood to their cloud computing platforms in the latest act of the unfolding drama over who will win the multi-billion dollar business of the entertainment industry as it moves to the cloud. in Los Angeles.

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Loop Media Powers New Streaming Channel On XUMO

socalTECH

Burbank-based streaming media firm Loop Media says it has launched its first, OTT service, called The Preview Channel , on XUMO TV. Loop Media recently announced its "short-form" streaming startup, saying it raised $10M in funding.

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Hollywood Insiders Back Social Shopping Site The Hunt

socalTECH

In a turn from the usual formula of Silicon Valley investors backing a Hollywood, celebrity-driven startup, a Silicon Valley startup has scored the backing of a group of Hollywood insiders. The Hunt says it is developing a community-driven, online shopping site, focused on making social media photos "shoppable".

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Solve, the startup creating an interactive “Law & Order” for social media, raises $20 million

TechCrunch LA

Mining that same well of a demand for whodunnits, a roughly one-year-old Los Angeles-based startup called Solve has raised $20 million in financing to update the genre for a new generation of media consumers. All of the major internet-age media companies had their own mobile strategies. ” . .

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Ross Levinsohn Named Head of The Hollywood Reporter

socalTECH

Ross Levinsohn , the former head of Yahoo and Fox Interactive Media, has just been appointed CEO of Guggenheim Digital Media , the parent firm of The Hollywood Reporter, Billboard, Adweek, and other entertainment focused properties. READ MORE>>.

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Loop Media Buys ScreenPlay

socalTECH

Burbank-based streaming video startup Loop Media announced on Thursday that it has acquired ScreenPlay , a video service provider which licenses videos for use in such locations as Hard Rock Cafes, Norwegian Cruise Line, Yard House, Buffalo Wild Wings and Margaritaville. Financial details of the cash-and-stock deal were not announced.

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Why Hollywood is Joining the Video On-Demand Market

Tech.Co

The idea of video on demand has been around since as early as 1990 when GTE partnered up with AT&T to create the first VOD system. VOD pretty much started out as cable TV and then morphed into hundreds of millions of people globally streaming their favorite movies and shows onto handheld devices. For example, Warner Bros.