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Los Angeles-based Demand Media has juts cut fifteen members of the company''s research and development unit, according to a report from Variety. According to the report , the cuts included Chief Innovation Officer Byron Reese, and were a result of the abrupt resignation of CEO Richard Rosenblatt last week. READ MORE>>.
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.
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
The Los Angeles area is fast becoming the content hub for online video site YouTube , a position that takes advantage of both the LA region's long history in the entertainment business, and the rise of a slew of startups producing content specifically aimed at the YouTube audience. READ MORE>>.
Los Angeles- and New York-based video advertising company TrueX has been acquired by 21st Century Fox , according to a report from the WSJ this morning. The deal is reported to be worth $200M. TrueX Media offers up interactive, video advertising technology, and is led by Joe Marchese.
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>>.
The parent company of Culver City-based hosting service Media Temple -- GoDaddy --is getting closer to an IPO, based on reports Wednesday that the company has hired on several investment bankers for its public offering. GoDaddy acquired Media Temple in October of last year. READ MORE>>.
A new analysis of the most popular, YouTube channels, shows that the Los Angeles area continues to lead the world in content production, even as the medium shifts to the web. According to a new report from comScore, measuring the popularity of YouTube Channels, Los Angeles-based Machinima saw around 16.9 minutes per viewer.
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.
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.
Los Angeles-based Demand Media , the online media venture of Richard Rosenblatt, has apparently scored a high profile executive from Yahoo, according to reports. Revenue and Market Development, is leaving Yahoo for Demand Media to serve as Chief Revenue Officer. READ MORE>>.
Online publisher Resignation Media , the publisher of the humor site TheChive is leaving Los Angeles, and is moving its operations to Austin, according to a report Tuesday. Resignation Media was based in Venice Beach, and publishes a series of mostly male-focused (women, funny videos, humor) websites. READ MORE>>.
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.
A new report released today tallies up $7.7 The report--compiled by Ocean Road Partners--included both venture-backed and self-financed information technology companies. Green Dot's backers included Sequoia Capital, Total Technology Ventures, and the Tech Coast Angels. billion in liquidity was generated in the sector.
Los Angeles-based Internet Brands said this morning that it has acquired automotive publisher High Gear Media. High Gear Media''s automotive publications include The Car Connection , Motor Authority , and Green Car Reports. High Gear Media had been founded in 2007. Financial terms of the buy were not disclosed.
GoDaddy , the parent company of Los Angeles premium website hosting service Media Temple , has filed for an IPO--in the process, showing that the company paid $94.48M in cash for Media Temple. The company reported a net loss of $131M for 2013, on revenues of $1.13 READ MORE>>.
Los Angeles-based Evolve Media has launched a new, social video product via its SpringBoard Video Division , aimed at distributing social video content to publishers. Evolve Media''s platform includes its own customizable and brandable video player, video analytics and reporting, and more. READ MORE>>.
Venture capital investments in Southern California in Q3 totaled to $464.18M, according to the latest numbers released by the PricewaterhouseCoopers/NVCA Money Tree Report this evening, based on data from Thomson Reuters. invested; Los Angeles had $169.7M, and Orange County $63.1M Nationwide, there was $4.8 in investments. in funding.
Los Angeles-based Triton Digital , which develosp technology for digital audio advertising and publishing, reported a win with Varick Media Management, a provider of programmatic streaming audio ads. advertising audio streaming management media varick digital triton' READ MORE>>.
In Los Angeles, it seems like everyone has either a script or a startup idea in their back pocket. This is an interesting combination of media and online website, can you talk about the strategy there? We''ll be looking for a global tour reporting for three weeks in New Zealand. It''s been a year in the making.
An analysis of the most social-media savvy cities, released this week, ranked the City of Ventura as number 4 in its list of cities with the most social companies, based on the social media usage of business people. Los Angeles and San Diego tied at 15 (along with Minneapolis-St.
Los Angeles-based streaming media site Hulu.com said Tuesday afternoon that two of the firm's most popular shows, The Daily Show, and The Colbert Report, are being pulled from the site. Tags: hulu daily show colbert report. According to Hulu, Comedy Central has decided to rotate the shows off the service, as of 11:59 p.m.
Los Angeles-based MySpace , the once dominant social networking website, has been sold to Irvine-based Specific Media , the online advertising network, in a deal reportly worth $35M. According to Specific Media, News Corporation will take a minority equity stake in Specific Media as part of the deal.
The surge of technology, advertising, and media companies flocking to Silicon Beach has meant a huge win for real estate investors, particularly in Playa Vista, according to a report today. Image: YouTube''s Playa Vista location, YouTube Space Los Angeles. READ MORE>>.
Irvine-based Specific Media has cut a small amount of its staff, as it continues to absorb its buy of Los Angeles-based MySpace. Specific Media would not confirm the exact extent of its cuts, but reports say the cuts were less than 8 percent of the firm.
Los Angeles-based Evolve Mediareported late last night that it has launched a new, native video advertising product called INgage. Evolve Media said that the new, video solution delivers "large format" video within content, startup up when a users comes into view. evolve media native video advertising ingage'
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. Reports from AdAge place the acquisition of Associated Content at over $100M.
Los Angeles-based Demand Mediareported today that its Pluck product is being used by the NBA's Chicago Bulls, for a online community and social networking site. Tags: demand media pluck chicago bulls bullsconnect basketball. No details on the financial impact of the win were disclosed. READ MORE>>.
operator of media site Qlipso , according to a report from VentureWire. Qlipso lists its headquarters in Los Angeles, and the firm says it is backed by Jeruslem Venture Partners, with links to Israel. The assets of ill-fated online video site Veoh have reportedly been sold to 2Peer Ltd.,
The new owner of former Los Angeles startup Tsavo Media , Canadian-firm Cyberplex , said today that it is looking for "strategic alternatives" for the unit of the firm, after a fiasco involving Yahoo's traffic quality reporting system. million, due to Yahoo's indication that Tsavo was sending it "low quality" traffic.
Kardashian is launching private equity firm SKKY Partners in conjunction with ex-Carlyle consumer head Jay Sammons to invest in business across consumer products, hospitality, luxury, digital commerce and media, the Wall Street Journal first reported. Jenner will be joining SKKY as a partner, the Journal reported.
Los Angeles-based music software startup Topspin has laid off a "significant" amount of staff, according to reports , with a majority of the company''s staff getting the pink slip. topspin music media layoff jobs employment software' The startup offered up web-based apps to help artists and labels reach their fans. READ MORE>>.
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. Senturia and Bry are well known San Diego angel investors, and also head up investment firm Blackbird Ventures. READ MORE>>.
What''s unique about it, it is stream live social media, and actually puts that social media content on the display right in front of you. I met with david after he flew up to meet me from Los Angeles. So, I took a U-haul to Los Angeles after I graduated. We talked for an hour, and I said, let''s do it. READ MORE>>.
Los Angele-based online video site Hulu.com said Wednesday evening that it has reached a content partnership with Viacom, which will return "The Daily Show with Jon Stewart" and "The Colbert Report" to Hulu. Financial terms of the deal were not disclosed. Those shows include Jersey Shore, Tosh.0, READ MORE>>.
Los Angeles-based Penske Media said on Wednesday that it is buying a majority of Rolling Stone magazine. Financial details of the deal were not announced, however, reports say the deal values Rolling Stone at more than $110M. Penske Media is led by Jay Penske. Penske Media got its start as Mail.com. READ MORE>>.
Ross Levinsohn , the former head of Fox Interactive Media, is possibly the top candidate to head of Yahoo 's North American operations, according to a report from AllThingsD. The report cited sources familiar with discussions. Levinsohn is based in Los Angeles, and was in charge of Fox Interactive Media when it acquired MySpace.
Los Angeles-based Rubicon Project said today that it has passed Google in the latest, comScore Media Metrix monthly ranking of Ad Focus properties. Rubicon reports that the the July 2012 comScore ranking found that Rubicon Project now reaches 96.2% of the U.S.
Los Angeles-based web hosting and cloud services firm Media Temple has tapped two technology vets as President and COO, and Chief Technology Officer, the company announced this morning. Redder reports to CEO Demian Sellfors. The firm said it has named Russell P. Reeder as its President and COO, and Albert Lopez as CTO.
Los Angeles-based Demand Media , the online media venture of Richard Rosenblatt, announced Monday afternoon that it has hired on Joanne Bradford, most recently Yahoo's SVP of U.S. Bradford reports to Rosenblatt. Tags: bradford joanne yahoo executive media demand. READ MORE>>.
As we reported earlier, Built in L.A., the online community for the Los Angeles startup scene, soft launched in January with the help of community leaders, including mega VC Tony Pritzker. A new startup is launched every 40 hours in Los Angeles. Releases Its First Los Angeles Digital Startup Report appeared first on TechZulu.
A number of Southern California angel investors, and one of its venture firms, have scored an exit over at social media influence measurement startup Klout , as the San Francsco company said Thursday that it is being acquired by Lithium Technologies. The deal is reportedly worth $200M. READ MORE>>.
Internet portal Yahoo confirmed Wednesday afternoon that it has hired Ross Levinsohn , former head of Fox Interactive Media, and current venture capitalist at Fuse Capital, as its new Executive Vice President of Americas. News of the hiring was first reported by AllThingsD. Tags: yahoo ross levinsohn executive media content.
in the fourth quarter, according to the latest number from PricewaterhouseCoopers and the National Venture Capital Association, in its MoneyTree report. in the quarter and social media darling Snapchat raised $50.0M. Nationally, the report found that there was $29.4 The investments were a drop from Q4 of 2012, $711.8M
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