article thumbnail

Mighty Oak Entertainment Gets Investment

socalTECH

Los Angeles- and Atlanta-based Mighty Oak Entertainment , which produces sports clips for traditional, digital, and streaming, has received an investment from former MGM Television President John Bryan and entrepreneur and KDOCTV (Los Angeles) owner Bert Ellis, Jr., the company said last week.

article thumbnail

Siemer & Associates Acquired By Chinese Investment Bank

socalTECH

Santa Monica-based investment banking firm Siemer & Associates , which has focused on the technology and media sector, has been acquired by Chinese investor CEC Capital Group. Financial terms of the acquisition were not announced. CEC said it has entered into a definitive agreement to acquire 100% of Siemer & Associates.

Invest 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

Netflix Looks To Raise $2 Billion For Content Acquisition, Production

socalTECH

Netflix , the online streaming movie service operator, is planning to boost its content acquisition and production, via a $2.0 billion offering of Senior Notes, specifically for content acquisitions, production and development, capital expenditures, investments, working capital and potential acquisitions and strategic transactions.

Netflix 113
article thumbnail

Ross Levinsohn Named Head of The Hollywood Reporter

socalTECH

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
article thumbnail

The Chernin Group, AT&T Invest $500M In Online Video

socalTECH

Los Angeles-based investor The Chernin Group and AT&T said this morning that the two have created a new, joint venture, which will acquire, invest, and launch over-the-top (OTT) video services. acquisition merger streaming hollywood content venture joint video online group chernin' READ MORE>>.

Invest 113
article thumbnail

Awesomeness.TV Among Fastest Exits, Best ROI Ever On Silicon Beach

socalTECH

The acquisition of Awesomeness.TV is the both fastest funding-to-exit in Silicon Beach, as well as one of the exits with best multiple on dollars invested, according to a new analysis of our extensive database of venture deals. The firm was only challenged by the recent acquisition of GoodReads, which has an estimated 100x return.

High Tech 224
article thumbnail

Report: Funny Or Die Seeking Buyer

socalTECH

The move comes as there has been an increasing number of exits and deals in the content space, such as the acquisition last week of LA Youtube network StyleHaul for up to $205M; the acquisition of Fullscreen by AT&T and Chernin Group, worth between $200M and $300M; and the $500M acquisition of Maker Studios earlier this year.

Report 138