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Hulu Entertaining At Least Five Bidders, Says Report

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Los Angeles-based video streaming site Hulu is entertaining offers from at least five different bidders, according to a report over the weekend, including one that values Hulu at between $600M to $800M.

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Sony Online Entertainment Restarts Game Services

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San Diego-based Sony Online Entertainment said over the weekend that it has begun restoring its online game services, after the massive hack of the firm's services. The company also said that it will require its players to reset their passwords after the cyber-attack on the site.

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BuzzFeed Ramps Entertainment Coverage In LA

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The latest move in that area comes from online viral content publisher BuzzFeed , which is apparently ramping its operations in Los Angeles, as part of effort by the site to expand into entertainment coverage. BuzzFeed is looking to compete against Deadline, Variety, and The Hollywood Reporter with its news coverage.

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BeachMint Partners With Olsen Twins On New Site

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According to Dualstar Entertainment Group, the Olsen's lifestyle and brand company, they have partnered with BeachMint to launch StyleMint , an online apparel site. The new site will include exclusive apparel, trend reports, videos, and other information. The new StyleMint site is expected to open sometime this summer.

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HitFix Snags VP From The Hollywood Reporter

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Los Angeles-based film, TV, and entertainment site HitFix said today that it has snagged the former General Manager for Digital for The Hollywood Reporter, Alex Boyce, as its new Senior Vice President of Business Development and Strategy. HitFix is an online entertainment site led by Gregory Ellwood and Jennifer Sargent.

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As Quibi reportedly seeks another $1 billion, Fiction Riot fills the programming slate for its rival service

TechCrunch LA

Ficto is bringing to market adaptations of bestselling books and original productions which will be released with theatrical films and has plans in the pipeline for other forms of scripted and unscripted entertainment. The company is reportedly spending $5 million per hour of storytelling for some of its titles.

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Report: Veoh Assets Go To Qlipso

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The assets of ill-fated online video site Veoh have reportedly been sold to 2Peer Ltd., operator of media site Qlipso , according to a report from VentureWire. Qlipso is headed by former Foundation 9 Entertainment co-founder Jon Goldman. Qlipso is headed by former Foundation 9 Entertainment co-founder Jon Goldman.

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