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Esportz Entertainment Eyes Esports Production, Content

socalTECH

Irvine-based Esports Entertainment announced this morning that it plans to start covering e-sports news, and offer up live and pre-recorded, streaming content for the esports industry, with a plan to open up what it calls a "Southern California Esports Broadcast Center". The company is led by chairman and CEO Mark Thimmig.

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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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Solotech Buys XR Studios For Virtual Reality

socalTECH

Los Angeles-based XR Studios, an agency specializing in augmented and virtual reality production, has been acquired by Solotech, a provider of audio, video, lighting, rigging, soft goods, control and collaboration solutions and services for the entertainment industry. Financial details of the acquisition were not annoucned.

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IGN Plans Online Live, On-Demand Gaming Broadcasts

socalTECH

Los Angeles-based games and entertainment content provider IGN says it is launching plans for a new series of live and on-demand gaming events, focused on games and next generation console hardware, as a result of cancellations of events such as E3 2020 and e-sports events.

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SoFi Takes Naming Rights To New LA Chargers, LA Rams Stadium

socalTECH

Online finance and lending site SoFi is taking the naming rights to the new stadium which will house the Los Angeles Chargers and the Los Angeles Rams , according to the LA Stadium and Entertainment District at Hollywood Park (Hollywood Park) and SoFi. Financial details of the naming deal were not announced. READ MORE>>.

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Techstars Music Opens Up Apps For New Class In LA

socalTECH

into 10 startups, or $120,000 each, and invite them for its 13-week program in Los Angeles starting on February 3, 2020. The new class of the accelerator is being backed b Warner Music Group, Q Prime Management, Bill Silva Entertainment, Sony, Concord, Royalty Exchange, RecoChoku, AVEX Inc., Peloton and Entertainment One.

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Jukin Media Hits $25M In Royalty Payments From Viral Videos

socalTECH

Los Angeles-based Jukin Media says it has surpassed $25M in total royalty payments to video creators which it represents, with $1M in royalty payments alone in Q1 of 2020. Jukin says it added more than 650 videos that were filmed in quarantine to its video library, licensing more than 400 of those clips to advertisers and TV producers.

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