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YouTube Creates New $100M Fund For Children's Content Creators

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In a move that may have a huge impact on the content creation business in Los Angeles, YouTube said on Wednesday that it has created a new, $100M fund, which it will disburse over the next three years, which will go towards the creation of "thoughtful, original" children's content for YouTube and YouTube Kids.

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Quibi Seeks To Sell Content Library To Roku

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Failed mobile video streaming service Quibi, which is based in Los Angeles, is in talks to sell its content to Roku, according to a report from the WSJ. The WSJ said that Quibi is in "advanced talks" to sell its content catalog to Roku, citing "people familiar with the matter". The company raised an astounding $1.75

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GIBLIB Gets $2.5M For Medical Education Content In VR

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Los Angeles-based GIBLIB , which offers up a library of on-demand, medical content in 4K and 360-degree virtual reality, announced this morning that it has raised $2.5M in a seed funding round. The funding came from the Mayo Clinic, the Venture Reality Fund, Wavemaker 360, USC Marshall Venture Fund and Michelson 20MM.

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Vrse Finds Funding For Virtual Reality Content

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Los Angeles-based Vrse , a new virtual reality content company, said Thursday that it has raised a round of funding, and appointed Drew Larner as Chief Operating Officer. Vrse has a collection of story-driven, virtual reality content. READ MORE>>.

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Why Meg Whitman is Betting on Quibi as“The Da Vinci Code of Content”

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raised (more on that later), and the A-list names they’ve signed up for their first batch of content, they’ve certainly raised a lot of expectations and more than a few opinions. link] Why (and who) she thinks will pay for premium Quibi content In a world of Netflix, Hulu, HBO, and YouTube, why would a customer choose to pay the $4.99

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MACRO Gets Funding For Muticultural Content

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Los Angeles-based MACRO , which says it is developing content for the African American, Latino, and multicultural market, says it has raised a initial round of funding. The funding was led by Emerson Collective, and also included MNM Creative, MediaLink, and angels Raymond J.

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Diversis Capital Raises $675M Fund

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Los Angeles-based private equity investor Diversis Capital Management said this morning that it has raised a new, $675M fund. The company said its new fund, Diversis Capital Partners II, exceeded its target of $500M. The new fund is led by Managing Partners Ron Nayot and Kevin Ma.

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