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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

TechCrunch LA

As video commerce becomes the norm and entertainers, brands, businesses, and franchises of all sizes and stripes look to cut out the middle man, the array of services on offer from Maestro may be the scissors these entities need to cut the cord. . Sales, Sony Music Entertainment, in a statement. .

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Stem Snags $8M For Creative Payments Platform

socalTECH

Los Angeles-based Stem , which is developing a platform to simplify payments for musicians and other content creators, announced Wednesday morning that it has raised $8M in a Series A funding. Stem says it has created a financial platform that unifies and manages contracts, distribution, payments and data for artists and creators.

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UTA Ventures Names Clinton Foy As General Partner

socalTECH

Los Angeles-based talent and entertainment giant UTA said this week that Clinton Foy will join the company's venture capital arm, UTA Ventures, as General Partner. Foy is a longtime fixture in the Los Angeles startup world, having most recently served as General Partner and Managing Director at Crosscut Ventures.

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This Week in Venture Capital – Episode 4

Both Sides of the Table

This was the first episode where Jason wasn’t on the show, which gave me the chance to have another VC on the show to discuss deals. Rustic Canyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. VC Financings: 1. I keep meaning to get him drunk to spill the stories.

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Yekra Raises $3M For Video On Demand Platform

socalTECH

Yekra says it is a digital entertainment distributor connected with an affiliate marketing system. The funding came from Maurice Gallagher, Bray Capital, Shay O''Brien, and Michael Rogers. yekra venture capital funding digital entertainment content' READ MORE>>.

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SPACES Expands Advisory Board

socalTECH

Playa Vista-based virtual reality content developer SPACES announced on Wednesday that it has added Ian Richter, the former EVP of franchise and emerging platform development at Legendary Entertainment, and Joe Garlington, formerly of Walt Disney Imagineering, to its advisory board. Boost VC, Colopl VR Fund, GREE Inc.,

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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. “I n media and entertainment there are lots of isolated studios around the world.

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