L.A. Business Journal

AUGUST 7, 2020

Culver City-based Omnia Media Inc. has been acquired by Canadian digital media company Enthusiast Gaming Holdings Inc.

Culver City 147

Culver City Media Company Companies 147

socalTECH

AUGUST 7, 2020

Los Angeles-based Cinedigm , a provider of premium content, streaming channels and technology services, is powering a new wellness video-on-demand application from Sanctuary Studios , the company said today. Financial details of the win were not announced. According to Sanctuary and Cinedigm, Sanctuary has released its new health and wellness video-on-demand application for VIZIO's SmartCast televisions, using Cinedigm's Matchpoint Blueprint service.

Services 124

Services Guide Demand Content 124

Startup Professionals Musings

AUGUST 7, 2020

Every one of you has had to deal with the conflicting requirements of optimizing your business in the short term versus the long term. In the short term you need customers to find you at any price, and in the longer term you need revenue, profit, and return loyalty. Even a million users on your social media site won’t pay the bills until you sell some advertising or a premium service.

Technical Review 124

Technical Review Layoffs Social Media Organization 124

socalTECH

AUGUST 7, 2020

An order, issued by the Trump administration on Thursday evening, bans TikTok 's parent company--ByteDance--from transactions with US companies beginning in 45 days, as well as banning US business transactions with WeChat and its parent company, Tencent. The executive order cited a "national emergency with respect to the information and communications technology and services supply chain".

Riot Games 124

Riot Games Culver City Activision Southern California 124

Advertiser: Aggregage

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

Company

Xconomy

AUGUST 7, 2020

The novel coronavirus has driven the pharmaceutical industry to upend its research priorities. Big Pharma companies are focusing on vaccine development and a slew of biotechs are testing compounds, previously intended for a wide range of indications, as potential COVID-19 treatments. This week saw another major development brought on by industry efforts to adjust to the new realities engendered by the pandemic, with the signing of an $18.5 billion merger in the digital health sector.

Research 80

Research Develop Development Edmunds 80

socalTECH

AUGUST 7, 2020

El Segundo-based online postage and shipping software developer Stamps.com reported its second quarter results on Thursday, saying it saw a 49 percent increase in its revenues for the quarter, to $206.7M, as a result of a surge in e-commerce activity. The publicly held company attributed the growth to the growth in e-commerce, which it said has been an "important lifeline" to many businesses and individuals during the COVID-19 pandemic.

El Segundo 113

El Segundo Commerce Software Development Activity 113