Warner Bros. Acquires DramaFever

socalTECH

Burbank-based Warner Bros. said Tuesday afternoon that it has acquired DramaFever , an online, video-on-demand company focused on Korean dramas, Kpop, and other related content. streaming demand ondemand video svod hollywood acquisition merger bros warner dramafeverFinancial details of the deal were not announced. Time Warner said it will continue to run DramaFever under its own brand, with operations based in New York.

Loop Media Powers New Streaming Channel On XUMO

socalTECH

Burbank-based streaming media firm Loop Media says it has launched its first, OTT service, called The Preview Channel , on XUMO TV. According to LoopMedia, The Preview Channel is a 24-hour, ad-supported video-on-demand channel which will show new film trailers and video game previews, cast and director interviews and behind-the-scenes footage from major Hollywood films.

Walt Disney, DISH In Streaming Media Deal

socalTECH

Burbank-based The Walt Disney Company and satellite operator DISH Network said this morning that they are in a multi-year deal, which will allow DISH to stream Disney, ABC, and ESPN to televisions, computers, smartphones, tablets, gaming consoles, and other connected devices. According to the two, the deal gives both video-on-demand and linear rights as part of an Internet streaming video service.

Media 130

eSolar Raises $22M More

socalTECH

In a resurgence of life from Southern California''s clean technology industry, Burbank-based eSolar announced this morning that it has raised $22M more in a funding round. eSolar said its products are seeing demand from the oil industry, particularly for use in enhancing oil recovery in remote environments. According to the solar thermal power technology developer, the funding tranche came from Oak Investment Partners.

Social Networking Addiction Bears Fruit

Eric Greenspan

’s HQ in Burbank. Through the use of social networking, we have sold out all 150 spots available for this event two weeks before the date and recently added another 50 to accommodate the demand.

Milestones of Innovation 12: Overflight Of Russia’s Ultimate Weapons

Xconomy

The glider-like U2’s development at Kelly Johnson’s famous Lockheed “Skunk Works” in Burbank, CA, had gone into high gear only two years before, leading to a first test flight from a secret field in Nevada in the summer of 1955. Air Force and its political allies were demanding. Khrushchev abandoned his demand that the western powers withdraw from Berlin by the end of the year.