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Snap Launches Media Startup Accelerator

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Venice, California-based Snap , the parent company of Snapchat, is launching a new startup accelerator, named "Yellow", the company disclosed on Wednesday afternoon. The accelerator said it will invest $150,000 into ten different "creators" and startups focused in the media area. READ MORE>>.

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Snap Deepens Media Ties With Our Stories

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Venice-based Snap is deepening its ties to major media companies, saying on Thursday that it will expand its Our Stories feature to allow those companies to pull user-submitted videos to create their own stories.

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Report: Snapchat Buys Cimagine Media

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Venice-based Snap, Inc. , the parent company of Snapchat, has reportedly acquired Israeli startup Cimagine Media. Cimaging Media develops augmented reality technology. The deal is reportedly worth between $30M and $40M. The acquisition was first reported by a local Israeli financial daily. Cimagine was founded in 2012.

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Jukin Media Ends Up In Middle Of Political Battle

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politics, after Culver City-based Jukin Media issued a takedown request for a misleading, manipulated video that has been retweeted by Donald Trump. Another, Southern California technology company has ended up in the middle of increasingly divided U.S.

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Moviepilot Sets Up Office In Venice, Hires Two Execs

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Moviepilot , which operates an online movie discovery site, said last week that it has opened up an office on Abbot Kinney in Venice, California, as part of its expansion into Los Angeles. Elkins joins the firm from MEC, where she had run interactive media campaigns for Paramount and Dreamworks.

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ZEFR Links With Fuisz Media

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Venice, California-based ZEFR , which helps brands and content owners monetize use of their assets on YouTube, said Monday that it has linked with Fuisz Media , to include direct purchase links on video or people in any video. Fuisz Media is also based in Venice, and is led by Justin Fuisz. READ MORE>>.

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Resignation Media Leaves LA For Austin

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Online publisher Resignation Media , the publisher of the humor site TheChive is leaving Los Angeles, and is moving its operations to Austin, according to a report Tuesday. Resignation Media was based in Venice Beach, and publishes a series of mostly male-focused (women, funny videos, humor) websites. READ MORE>>.

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