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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.

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Ross Levinsohn Named Head of The Hollywood Reporter

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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.

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Why I Doubled Down on YouTube Investments with MiTú

Both Sides of the Table

Every politician in the country knows this as well as every consumer brand, every retailer, every restaurant and every media company. And as my Media Redef feed this past week reminded me Hispanics over-index for watching movies and they share their movie experiences 26% more than non-Hispanics.

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Report: Hulu Hires Guggenheim Partners To Sell Company

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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. Guggenheim is the same firm which recently hired Ross Levinsohn to head up its Guggenheim Digital Media unit, and which is potentially a bidder on Hulu.

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LA gets a big SaaS exit as Fastly nabs the Culver City-based Signal Sciences for $775M

TechCrunch LA

Los Angeles was always more than a one-industry town, even when it comes to technology startups, as media and entertainment (and social networking) were always the big draws in Tinseltown. Los Angeles, California, USA – March 23, 2016: Aerial view of the Hollywood sign at dusk in Los Angeles. Morgan Stanley & Co.

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Relativity Media Sells Stake To Singaporean Social Networking Company YuuZoo

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Beverly Hills-based movie studio Relativity Media --which is behind such titles as Limitless, Masterminds, and Immortals--scored a big investment from Singaporean Internet company YuuZoo , the two companies said this morning. YuuZoo apparently was bidding against Lenovo and Legend Holdings for Relativity Media. READ MORE>>.

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Hulu Eyes IPO

socalTECH

According to a report in the New York Times, Hulu is in discussions with investment bankers about pursuing an IPO in the fall. The latest firms with Southern California connections to file for an IPO are REVA Medical, Gevo, and Demand Media; recently IPOs have been Green Dot, RealD, Trius Therapeutics, and ReachLocal. READ MORE>>.

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