socalTECH

FEBRUARY 1, 2012

Calabasas-based videogame developer THQ has reportedly cut 170 of its employees, according to reports Wednesday. According to reports on gaming sites, the cuts are expected to be announced along with THQ's earnings tomorrow. The report of the cuts apparently came via gaming insider Kevin Dent.

THQ 124

THQ Report Layoffs Calabasas 124

socalTECH

FEBRUARY 26, 2009

Los Angeles-based ManiaTV has reportedly laid off 15 of the firm's 33 employees, according to a report in The Deal, as the firm prepares to sell the company. ManiaTV is a producer of original online content, which it distributes entirely online. The Deal said Revision3 is rumored to be a possible buyer for the firm.

Report 124

Report Layoffs Hollywood Entertainment 124

socalTECH

NOVEMBER 6, 2015

Santa Monica-based Demand Media is continuing to see a steep drop in revenues from its content and media efforts, reporting Thursday afternoon that it had $15.9M in revenues from its Content & Media segments, compared with $33.6M The company reported a total, Q3 revenue of $28.5M. in the same quarter in 2014.

Demand 100

Demand Content eHow Media 100

socalTECH

DECEMBER 15, 2012

High flying, YouTube network Machinima has laid off 10 percent of its staff, as part of a reorganization, according to reports Friday evening. News of the layoffs first trickled out via Twitter from many of the firm's former employees. READ MORE>>.

Layoffs 159

Layoffs News Content Los Angeles 159

socalTECH

MARCH 2, 2011

Santa Monica-based Mahalo , the online human-curated news and search site headed by Jason Calacanis, has cut 10 percent of its staff, according to reports. According to a report by CenterNetworks, the changes were a reaction to the search algorithm and quality changes made by Google last week. READ MORE>>.

Mahalo 133

Mahalo Report Santa Monica Guide 133

socalTECH

APRIL 18, 2012

Agoura Hills-based THQ , the embattled videogame maker, is finally seeing some good news, reporting today that it is expecting to report non-GAAP net sales of $160 million to $170 million, above its previous outlook of $130 million to $150 million.

THQ 124

THQ Agoura Hills Layoffs Agoura 124

socalTECH

MAY 7, 2009

Los Angeles-based 60Frames , an online entertainment studio developing professionally produced, online content, has reportedly shut down , according to The Hollywood Reporter. Tags: 60frames online entertainment content hollywood studio layoff shutdown. 60Frames had raised $3.5M 60Frames had raised $3.5M READ MORE>>.

Layoffs 113

Layoffs Hollywood Entertainment Incubator 113

TechCrunch LA

OCTOBER 19, 2019

It echoes the same message from Kik’s chief executive Tim Livingston last week when he rebuffed earlier reports that the company would shut down amid an ongoing battle with the U.S. In 2017, TechCrunch reported that Whisper underwent significant layoffs to stave off collapse and put the company on a path to profitability.

Social Network 153

Social Network Los Angeles Social Media Blogging 153

socalTECH

JULY 28, 2017

Venice, California-based Whisper , which operates an app and website that lets users share anonymous thoughts--and combines that with other content--has reportedly laid off 20 percent of its staff, or 14 out of its 71 employees, according to a report on Friday. Whisper, led by Michael Hayward, has raised $61M in total funding.

Venice 140

Venice Report Content Funding 140

socalTECH

JANUARY 16, 2012

Rumors have been swirling around Agoura Hills-based THQ since this weekend, when a gaming industry analyst, Peter Skerritt, reported that the videogame maker was either looking for a buyer or shutting down its videogame development efforts, cancelling its 2014 lineup. as part of an "ongoing review" of its business. READ MORE>>.

THQ 145

THQ Agoura Hills Layoffs Agoura 145

socalTECH

NOVEMBER 24, 2008

Hollywood-based, music-related blog and content firm Buzznet has reportedly cut employees, according to a report from Digital Music News. According to the publication, citing a representative of the firm, Buzznet has eliminated 10 employees, from a total of 89 staff. This publication has not yet confirmed the cuts with the firm.

Buzznet 100

Buzznet Report Anthem Redpoint 100

socalTECH

MARCH 5, 2009

The firm was in the business of creating original web content and video shows, and had been looking to find a buyer for the firm in the last few weeks. A report in MediaWeek quoted a source saying that the shutdown came because Comerica bank pulled the firm's line of credit, in light of a "rapidly declining" ad business.

Layoffs 100

Layoffs SoCalTech Content Web 100

socalTECH

NOVEMBER 29, 2012

Culver City-based Fourth Wall Studios , a developer of interactive content backed by LA billionaire Patrick Soon-Shiong, has laid off the majority of its staff, and stopped production, according to a report from the LA Times. The report said between 25 and 30 employees, out of approximately 40, were laid off from the firm on Monday.

Culver City 138

Culver City Product Content Report 138

socalTECH

NOVEMBER 6, 2008

The layoffs occurred yesterday, when employees were notified of the move. The news was first reported by Paidcontent. Veoh said that the firm, although doing well financially, could not predict how soft the online advertising market will become, given the economic challenges of today. READ MORE>>

Veoh 124

Veoh Layoffs San Diego SoCalTech 124

socalTECH

OCTOBER 26, 2011

Santa Monica-based Mahalo , the online content and information site run by Jason Calacanis, has laid off 25 percent of its employees, according to a report today. AllThingsD, which confirmed the cuts with President Jason Rapp, said the move is part of a shift to product online videos. READ MORE>>.

Mahalo 140

Mahalo Santa Monica Content Report 140

socalTECH

JANUARY 25, 2011

No other details were released, however, Variety reported that around 200 employees were affected. No details on the local impact of the cuts was given, however, multiple reports indicate that Disney Interactive's Austin, Texas operations at Junction Point were impacted.

Glendale 154

Glendale Report Company Companies 154

socalTECH

NOVEMBER 7, 2011

Burbank-based Warner Brothers Interactive has chopped 60 people in its Seattle game studios, according to a report from Joystiq, which confirmed the cuts with Warner Brothers. It's unclear if Warner Brothers Interactive had cut any other positions across the company's other locations or at its Burbank headquarters. READ MORE>>.

Burbank 145

Burbank Report Company Companies 145