article thumbnail

Machinima Lays Off Most Employees, Ceases Operations, Say Reports

socalTECH

Machinima , which had been the poster child for Southern California's multi-channel-network (MCN) boom, has laid off most of its employees and ceased its operations , according to reports. The shutdown comes after a reorganization of the digital properties of AT&T, as well as its Otter Media subsidiary. READ MORE>>.

Report 127
article thumbnail

Demand Media Content Revenues Continue To Plunge

socalTECH

Santa Monica-based Demand Media reported its quarterly earnings Monday afternoon, revealing a precipitous decline in the company's content revenues. Demand Media said that its Content and Media revenues dropped 40%, from $22.5M in the first three months of 2016. in Q1 of 2016. in Q1 of 2016.

Demand 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cybersecurity Firm Illumio’s Alan Cohen on the Tech Backlash of 2017

Xconomy

One of the largest and most consequential data breaches in 2017 afflicted credit reporting agency Equifax, and it was hardly the only victim. These revelations led to Congressional investigations, and pledges by social media companies to better curate the content flowing through their platforms. Have all these.

article thumbnail

3 Important Facebook Marketing Trends in 2016

Tech Zulu Event

How can your company best benefit from social networking ads in 2016? In addition, make use of as much automation as you can in 2016 to reduce manpower costs and put the money towards other more important matters. Here is the breakdown of these 3 factors to watch in 2016: 1. That was $15.5 billion in 2015 alone.

article thumbnail

Rubicon Project Names New CEO

socalTECH

Barrett was most recently CEO of Millennial Media, and also had served as Chief Revenue Officer at Yahoo!, The shift in leadership came as Rubicon Project reported a drop in Q4 revenues, with a loss of $21.2M The shift in leadership came as Rubicon Project reported a drop in Q4 revenues, with a loss of $21.2M

Yahoo 113
article thumbnail

6 Top Trends For The Digital World In 2016

Tech Zulu Event

Top media giants Facebook and Alphabet are determined to grow this number with the introduction of various airborne devices designed to bring internet to the far corners of the globe to boost their revenues. In 2016, the price of mobile data will remain relatively stable. Streamlined Online Experiences – Think Slack 2016.

article thumbnail

Family & Kids’ Advocate Shum Preston on the Tech Backlash of 2017

Xconomy

Much attention was focused this past year on the impact of social media on the 2016 presidential election, as reports emerged about the use of these platforms by entities linked with Russia to spread false, misleading, or inflammatory political messages.