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Big tech companies are looking at Hollywood as the next stage in their play for the cloud

TechCrunch LA

This week, both Microsoft and Google made moves to woo Hollywood to their cloud computing platforms in the latest act of the unfolding drama over who will win the multi-billion dollar business of the entertainment industry as it moves to the cloud. in Los Angeles.

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Dear Media Finds $8M

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West Hollywood-based Dear Media , which is developing a podcasting network focused on female voices, said on Thursday that it has raised $8M in a funding round. The funding came from private equity investor Magnet Companies. Dear Media is led by CEO Michael Bosstick, and the company was co-founded with Raina Penchansky.

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Sports stars, franchises and Hollywood agencies are betting $38 million on an esports revolution

TechCrunch LA

What started with an esports team is now quickly becoming an esports empire, backed by some of the biggest names in sports and money managers for entertainment family dynasties and Hollywood power brokers.

Hollywood 271
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Penske Media, MRC In Data Joint Venture

socalTECH

Los Angeles-based companies MRC , the owner of a independent TV studios and a number of other entertainment companies and holdings--including measurement firm Nielsen Music--and Penske Media Corporation (PMC), announced late last week that they are in a new, joint venture, which will join their ata businesses.

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Jukin Media Names Essner President, COO

socalTECH

Los Angeles-based Jukin Media , a company which says it discovers, acquires, and distributes viral videos, has tapped technology veteran Lee Essner as the company''s new President and Chief Operating Officer. president executive content hollywood licensing video viral essner media jukin' READ MORE>>.

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Loop Media Powers New Streaming Channel On XUMO

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Burbank-based streaming media firm Loop Media says it has launched its first, OTT service, called The Preview Channel , on XUMO TV. Loop Media recently announced its "short-form" streaming startup, saying it raised $10M in funding.

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LiveOne Buys Gramophone Media

socalTECH

Los Angeles-based on-demand livestreaming and podcasting company LiveOne--which until recently was known as LiveXLive Media--says it has acquired Gramophone Media, a New York-based artist and brand development company. LiveOne says the acquisition is the sixth for the company.

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