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Hollywood Studios To Collect $9.9M From VidAngel

socalTECH

A group of Hollywood studios will collect $9.9M from bankrupt "movie sanitizing" service VidAngel , and VidAngel will drop a appeal of a $62.4M VidAngel's service removed "objectional" material from popular Hollywood films, and offered $1-per-movie streaming, all without any licensing agreements from those movie studios.

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C3 Links With Robot Delivery Service Coco

socalTECH

Los Angeles-based C3 (Creating Culinary Communities), the "ghost kitchen" company founded by Sam Nazarian, said it is partnering with robot delivery service Coco. According to C3, using robots for delivery is 30% faster than driver-based services. Financial details of the deal between the companies were not announced.

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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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RIVIT TV Pauses Service Due To Pandemic

socalTECH

Hollywood-based streaming television service Rivit TV , which recently launched a streaming television service which had allowed audiences to choose which series they wanted to support, says it will "pause" its service due to the COVID-19 pandemic.

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Netflix Expands In Hollywood

socalTECH

Internet video streaming and rental service Netflix is in a major expansion in Hollywood, and has signed a lease fo 200,052 square feet on the Sunset Corridor, the company said Thursday. ICON said the deal for the Netflix offices is the largest office lease signed to date in Hollywood, in terms of square feet.

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Google Aims At Hollywood With LA Cloud Services Move

socalTECH

according to Google , it is specifically targeting the media and entertainment companies in Los Angeles with the new service. Although Los Angeles has many non-entertainment and media companies who heavily use cloud services, it appears the move really is only focused on media and entertainment.

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Borrow Debuts New, Short Term Subscription EV Service

socalTECH

West Hollywood-based automotive startup BORROW has launched a new, subscription service which gives users access to a pre-owned, electric vehicle (EV) through short term leases, the company said this week.