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Former Maker Execs Sue To Stop Disney Acquisition

socalTECH

Former Maker Studios CEO and co-founder Danny Zappin--along with three other former executives of the company--have filed a lawsuit seeking a temporary restraining order seeking to stop the acquisition of Maker Studios by Disney. maker studios disney merger acquisition youtube network hollywood content lawsuit legal danny zappin upfront'

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Vertical Networks Acquired By Whistle

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Santa Monica-based Vertical Networks , a "mobile-first" content studio which was backed by Snap , has been acquired by New York-based entertainment and sports media company Whistle. Financial terms of the acquisition were not announced. Vertical Networks was founded by Elisabeth Murdoch. READ MORE>>.

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Justin Timberlake Backs Myspace Acquisition

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Irvine-based Specific Media , the Internet advertising network run by Tim Vanderhook, has released further details on the company's acquisition of Myspace , saying that Justin Timberlake is taking an ownership stake and major role in the acquisition.

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Maker Studios Acquired By Disney For $500M

socalTECH

Culver City-based YouTube network Maker Studios has been acquired by Burbank-based Walt Disney Company , in a deal worth $500M, plus up to $450M in performance earn out. Maker operates a network of YouTube content channels--over 55,000--which gets 5.5 Maker operates a network of YouTube content channels--over 55,000--which gets 5.5

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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.

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Awesomeness TV Acquired By DreamWorks For As Much As $117M

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In what looks to be a stunning quick exit for one of Southern California''s new YouTube networks, Awesomeness TV has been acquired by DreamWorks , in a deal worth as much as $117M. The acquisition is one of the fastest exits ever for a local, content-meets-online company--AwesomenessTV had only just raised $3.5M READ MORE>>.

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Fullscreen In Talks To Sell Itself To Otter Media, Says Report

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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.

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