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Netflix To Raise $1.5 Billion For Content Acquisition

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Netflix , the provider of online streaming services which has major operations in Los Angeles, is planning to raise $1.5 billion in debt to fund content acquisition, production and development, potential acquisitions and strategic transactions, and other efforts, the company said this morning. READ MORE>>.

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Fandango Acquiring Vudu Streaming Service From Walmart

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Los Angeles-based movie ticketing and movie streaming company Fandango is acquiring the Vudu on-demand video streaming service from Walmart , according to a notice from Vudu on its website. Financial terms of the acquisition were not announced.

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

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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.

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Deluxe Buys Sundog Media Toolkit

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Los Angeles-based Deluxe, which provides digital services to the motion picture, television, and digital media industry, said yesterday that it has acquired Sundog Media Toolkit, Ltd., As part of the acquisition, co-founders Richard Welsh (CEO) and Chris Ralph (CTO) have joined Deluxe as senior executives.

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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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UNest Acquires Littlefund

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North Hollywood-based UNest , which operates a mobile app which helps parents set up saving plans for their children's college, has acquired Littlefund , an app and service which helps parents with collecting gifts, and tracking and saving towards a child's goals. Financial details of the acquisition were not announced.

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Fandango Buys Quantum Rewards

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Los Angeles-based online and mobile movie ticket service Fandango announced this morning that it is acquiring the business of Quantum Loyalty Solutions , a provider of movie ticket promotions. Financial terms of the acquisition were not announced. Quantum Loyalty Solutions runs movie loyalty points program Hollywood MOvie Money.

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