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Loop Media Unveils Streaming Media Service, Backed By $10M In Funding

socalTECH

A new, Burbank-based startup, Loop Media , said on Thursday afternoon that it has launched a new "short-form" streaming media service, which it says will feature music videos, film trailers, game trailers and TV clips. The company says it plans to launch its service later this year. READ MORE>>.

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Iyuno-SDI Group Gets $160M

socalTECH

Iyuno-SDI Group, a provider of localization services to the media industry with an operation in Burbank, said this week that it has raised $160M in a funding round. The company's other backers include Shamrock Capital Advisors and SoftBank Ventures Asia Corp. The funding came from SoftBank Vision Fund 2.

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Disney Takes Stake In MLB Spinout BAMTech

socalTECH

Burbank-based The Walt Disney Company says it is acquiring a 33 percent stake in BAMTech , the new technology services and video streaming spinout of Major League Baseball (MLB). According to Disney, it has the option to acquire majority ownership of BAMTech in the coming years.

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Disney Accelerator Alumni StatMuse Picks Up $10M Round

socalTECH

StatMuse , one of the companies to emerge out of the Disney Accelerator in Burbank last fall, said this morning that it has raised $10M in a Series A funding round. Greycroft Partners, Promus Ventures, Haas Portman, Deep Fork Capital, and Bee Partners. The round came from Techstars, The Walt Disney Company, Allen & Co.,

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Meet the 2017 Startups from the Disney Accelerator

Tech.Co

This corporate partnership has proven well for these startups in helping them launch their products and services into another galaxy. “This year, more than ever, we are working with companies with the potential to help define the future of media and entertainment together with Disney.”