socalTECH

APRIL 8, 2013

has made a $500M bid for Hulu , according to a report this morning from Reuters. The report said that two sources "with knowledge of Hulu''s sale process" leaked the details. hulu peter chernin merger acquisition exit content hollywood streaming video' Peter Chernin , the former head of News Corp., READ MORE>>.

Hulu 178

Hulu Report Hollywood News 178

socalTECH

MAY 17, 2013

The latest company considering a bid for Los Angeles-based video streaming site Hulu is El Segundo-based DirecTV , according to reports Friday afternoon. A report from Reuters says DirecTV is just one of a number of companies considering a bid for Hulu. The report cited a "source familiar with the situation." READ MORE>>.

Hulu 159

Hulu El Segundo Report Content 159

socalTECH

APRIL 17, 2013

A report Wednesday afternoon says that Los Angeles-based streaming media site Hulu has hired investment banking firm Guggenheim Partners, to advise the firm on a sale. The report from Reuters , citing three sources with knowledge of the matter, said there''s an ongoing auction process for Hulu. READ MORE>>.

Hulu 189

Hulu Report Company Companies 189

socalTECH

OCTOBER 21, 2020

Time might be running out for Los Angeles-based mobile video streaming service Quibi , according to a report , which says that Quibi founder Jeffrey Katzenberg is considering shutting down the company.

Report 100

Report Content Los Angeles Mobile 100

socalTECH

JULY 24, 2014

Los Angeles-based multichannel content network Fullscreen is in the midst of selling itself to Otter Media , the joint venture between AT&T and The Chernin Group, according to reports. fullscreen otter media chernin group hollywood youtube network video merger acquisition rumor' Fullscreen is led by George Strompolos.

Media 168

Media Report Hollywood Networking 168

socalTECH

FEBRUARY 5, 2019

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. in 2016, in a deal then reported as worth less than $100M. Machinima had been acquired by Warner Bros.

Report 127

Report Southern California Media Content 127

socalTECH

MAY 28, 2013

Los Angeles-based video streaming site Hulu is entertaining offers from at least five different bidders, according to a report over the weekend, including one that values Hulu at between $600M to $800M. hulu streaming video merger acquisition content hollywood' READ MORE>>.

Hulu 147

Hulu Silver Lake Entertainment Report 147

socalTECH

DECEMBER 8, 2014

The report cited "sources familiar with the situation" in the move. Apparently, IAC has been shopping CollegeHumor.com around to companies due to the boom in online content activity, including the recent sales of Maker Studios, Fullscreen Media, BigFrame, and Stylehaul--all local Los Angeles multi-channel networks (MCNs). READ MORE>>.

Report 100

Report Los Angeles Acquisition Activity 100

socalTECH

MAY 18, 2010

Los Angeles-based Demand Media , the user-generated content venture of Richard Rosenblatt, has new competition this afternoon, from Yahoo , after Yahoo announced it would acquire content publishing firm Associated Content. Financial terms of the acquisition of Associated Content were not disclosed.

Yahoo 150

Yahoo Demand Content Media 150

socalTECH

NOVEMBER 6, 2015

Santa Monica-based Demand Media is continuing to see a steep drop in revenues from its content and media efforts, reporting Thursday afternoon that it had $15.9M in revenues from its Content & Media segments, compared with $33.6M The company reported a total, Q3 revenue of $28.5M. in the same quarter in 2014.

Demand 100

Demand Content eHow Media 100

socalTECH

JULY 8, 2013

A report Monday says that satellite television provider DirecTV has finally made a bid for Los Angeles online video company Hulu , and that Time Warner Cable is also mulling an offer, according to Bloomberg Monday. cable warner time streaming video content exit acquisition merger directv hulu' READ MORE>>.

Hulu 124

Hulu Report Content Acquisition 124

socalTECH

DECEMBER 2, 2020

A new report this morning, from Bloomberg, says that Amazon is in exclusive talks to acquire Los Angeles-based podcasting publisher Wondery. Terms of the possible deal have not been released. Wondery has reportedly been looking for a buyer since early in November, seeking anywhere from $300M to $400M.

Report 113

Report Los Angeles Capital Angel 113

socalTECH

DECEMBER 9, 2013

Los Angeles-based content delivery network operator EdgeCast has been acquired by Verizon , to help bolster Verizon''s Digital Media Services, Verizon said this morning. Financial terms of the deal were not announced, but the deal is reported to be worth around $390M. edgecast verizon content delivery network merger acquisition'

Content 217

Content Networking Acquisition Los Angeles 217

socalTECH

JUNE 2, 2010

A report last night from the San Diego Union Tribune says that San Diego News Network (SDNN), the local news effort run by entrepreneurs Neil Senturia and Barbara Bry, is looking for a buyer. Disclaimer: socalTECH.com is a content partner with SDNN). Tags: diego news network media content merger acquisition. READ MORE>>.

San Diego 145

San Diego News Networking Report 145

socalTECH

APRIL 25, 2019

It appears that another one of the owners of Los Angeles-based streaming television provider Hulu may be looking to unload its current, minority stake in the company, according to a report from CNBC this morning. The report named "people familiar with the matter" in the report. Hulu just purchased a 9.5

Hulu 113

Hulu Report Sales Los Angeles 113

socalTECH

OCTOBER 16, 2019

Santa Monica-based TV Time , a developer of an app which lets users report information about their engagement with TVs and movies, has acquired New York City-based Mediamorph , according to the two companies. Financial details of the acquisition wer e not announced.

Southern California 113

Southern California Santa Monica Media Entertainment 113

socalTECH

FEBRUARY 26, 2009

Los Angeles-based ManiaTV has reportedly laid off 15 of the firm's 33 employees, according to a report in The Deal, as the firm prepares to sell the company. ManiaTV is a producer of original online content, which it distributes entirely online. The Deal said Revision3 is rumored to be a possible buyer for the firm.

Report 124

Report Layoffs Hollywood Entertainment 124

socalTECH

APRIL 15, 2010

Los Angeles-based Demand Media , the online content publishing firm run by Richard Rosenblatt, has reportedly selected Goldman Sachs to run its IPO effort, according to a report this evening from the Financial Times. The report says that Demand Media has hired Goldman Sachs to explore an initial public offering for the firm.

Demand 157

Demand Report Twiistup Media 157

socalTECH

AUGUST 2, 2010

Reports this morning say that news magazine Newsweek apparently is being sold to Dr. Sidney Harman, the founder of Southern California's Harman International , which now owns the Harmon/Kardon, Infinity, JBL, and other audio equipment brands. Harmon--who is married to congresswoman Jane Harman--apparently is paying $1.00

Southern California 154

Southern California Report News Content 154

socalTECH

AUGUST 21, 2013

Los Angeles-based YouTube network Maker Studios has agreed to buy Blip , according to reports today. Financial details of the acquisition have not been announced. bliptv blip acquisition merger content network youtube studios maker' Blip operates an online, video site focused on webseries. READ MORE>>.

News 168

News Acquisition Content Los Angeles 168

socalTECH

JUNE 2, 2014

Maker Studios , the online YouTube content network which was recently acquired by Walt Disney , is cutting approximately 10 percent of its staff. The cuts were first reported by Variety. maker studios disney merger acquisition jobs employment layoff content hollywood' READ MORE>>. Maker Studios employs around 380 people.

Layoffs 147

Layoffs Hollywood Content Acquisition 147

socalTECH

MAY 7, 2013

The firm reported its latest quarterly results Tuesday, reporting $100.6M The company also reported net income of $0.7M The company said the growth in revenues came from "strong growth" on its owned & operated content and media properties, plus its acquisition of Creativebug, the arts and crafts instruction site.

Demand 183

Demand Media Santa Monica .Net 183

socalTECH

OCTOBER 8, 2013

Los Angeles-based online content publisher Break Media and Alloy Digital said Tuesday that the two are merging to form a new, Internet video company called Defy Media. Break Media founder and CEO Keith Richman will become President of the new company, with Alloy CEO Matt Diamond becoming CEO, according to reports. READ MORE>>.

Media 157

Media Hollywood Content Acquisition 157

socalTECH

FEBRUARY 24, 2020

Venice, California-based Snap has acquired the assets of ill-fated augmented reality (AR) hardware developer Daqri , according to a report today. Financial details of the asset acquisition were not announced. According to Protocol, the acquisition was of "certain Daqri assets" and around two dozen employees.

Venice 124

Venice Acquisition Startup Report 124

socalTECH

SEPTEMBER 3, 2014

High Gear Media''s automotive publications include The Car Connection , Motor Authority , and Green Car Reports. internet brands highgear media merger acquisition high gear auto automotive connection authority motor publisher content' High Gear Media had been founded in 2007. READ MORE>>.

Internet Brands 147

Internet Brands Media Equity Content 147

socalTECH

FEBRUARY 19, 2009

Los Angeles-based ManiaTV , which produces and distributes online content, is reportedly looking for a buyer, and has hired investment bank Updata Advisors. According to a report in TVWeek , the firm is hoping to find a buyer by the end of the month. Tags: merger video acquisition content maniatv. READ MORE>>.

Report 100

Report SoCalTech Press Content 100

socalTECH

APRIL 30, 2012

Los Angeles-based Demand Media just passed up a deal to go private, according to a report over the weekend from the WSJ's AllThingsD, which says that the firm--headed by Richard Rosenblatt--ultimately decided to pass on the offer from private equity shop Thomas H. Lee Partners. Apparently, T.H. Lee offered up to $1.2 Lee offered up to $1.2

Demand 145

Demand Media Report Google 145

socalTECH

DECEMBER 4, 2013

Financial details of the buy were not announced, however, the buy apparently was worth around $50M, according to various reports and sources. documents business acquisition merger intuit docstoc' Santa Monica-based Docstoc , which is led by Jason Nazar, has been acquired by Intuit, the companies said this morning. com), and others.

Rustic Canyon 239

Rustic Canyon Santa Monica Resource Acquisition 239

socalTECH

DECEMBER 21, 2010

Los Angeles-based Hulu , the online television streaming site, is dropping its plans to pursue an IPO, according to a report today from from the WSJ. Hulu had been among the Southern California companies looking to file an IPO. Hulu had been rumored to be seeking an IPO since August, with an IPO filing expected before the end of the year.

Hulu 150

Hulu Report Southern California Content 150

socalTECH

JUNE 9, 2011

A report today from AllthingsD says that an investor group, which includes Santa Monica-based Activision 's Bobby Kotick, is in the last legs of negotiating a deal to acquire MySpace , the beleaguered, once-high flying social network. to a bevy of buyers, with no deals yet inked. to a bevy of buyers, with no deals yet inked. READ MORE>>.

Activision 113

Activision Report Santa Monica Social Network 113

socalTECH

JUNE 3, 2013

According to multiple reports , Hulu has received bids from DirecTV and two other bidders, who offered up at least $1 billion for the company over the weekend. hulu directv video streaming merger acquisition content' Hulu is being advised by Guggenheim Partners in an auction of the company. READ MORE>>.

Hulu 153

Hulu Content Acquisition Los Angeles 153

socalTECH

DECEMBER 23, 2010

A report today says that the latest updates to Demand Media's S-1 are a result of government scrutiny over how the firm is accounting for content developed for its sites. Currently, Demand amortizes those expenses over five years, and apparently other publishing firms typically amortize those expenses over much less time.

Demand 145

Demand Media Report Content 145

TechCrunch LA

JUNE 10, 2021

To put that into context; Affirm’s financial report in May projected it would process $8.04 Other things the company plans to do with its new capital is focus on acquisitions, particularly acqui-hires, according to Siemiatkowski. In the first quarter, Klarna notched $18.1 billion in volume compared to $9.9

Los Angeles 266

Los Angeles Funding CIO Marketing 266

socalTECH

NOVEMBER 16, 2017

Los Angeles-based J2 Global --via its publishing arm, Ziff Davis , is getting set to acquire online tech publication Mashable , in a deal worth around $50M, according to a report on Thursday afternoon from the Wall Street Journal. Neither J2 Global nor Mashable have yet announced the deal.

Report 133

Report Journal Entertainment Los Angeles 133

socalTECH

SEPTEMBER 22, 2014

network otter ottermedia group chernin youtube content acquisition merger fullscreen' Los Angeles-based Fullscreen Network is being acquired by Otter Media , a joint venture of AT&T and The Chernin Group, in a deal which is reportedly worth between $200M and $300M. Exact terms of the buy were not announced. READ MORE>>.

Networking 100

Networking Content Acquisition Los Angeles 100

socalTECH

JULY 22, 2011

In the latest rumor swirling around Los Angeles-based video streaming site Hulu , a number of reports last night say that Apple Computer is now bidding for the firm. The report came from Bloomberg, which cited "two people with knowledge of the auction". So far, Hulu apparently has been shopped to Yahoo, AT&T, Microsoft, and Google.

Hulu 178

Hulu Report Yahoo Google 178

socalTECH

JANUARY 15, 2013

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.

Hollywood 173

Hollywood Report Yahoo Entertainment 173