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Fandango Racks Up $127M In Avengers Tickets Sales Through Opening Weekend

socalTECH

Los Angeles-based Fandango , which offers up online and mobile movie information and ticketing, said it has sold more than $127M in cumulative sales for Avengers: Endgame. According to Fandango, those sales numbers represent the biggest cumulative box office haul through opening weekend in the company's history. READ MORE>>.

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Startup Accelerator, Backed by LA Investors, Targets VR, AR

socalTECH

The Green Screen Institute , a startup accelerator which is looking to create innovation in the virtual reality (VR) and augmented reality (AR) areas, says that it is getting close to closing applications for its first, startup accelerator program.

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ZEFR Sells Rights Management Assets To Vobile For $90M

socalTECH

According to Vobile, it will open up a new office in Los Angeles as a result of the acquisition, with approximately 100 employees. The sale is not the first for ZEFR, which got its start posting licensed movie clips to YouTube. It sold that business, Movieclips.com, in 2014, to Fandango. READ MORE>>.

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AutoGravity Names New VP

socalTECH

Irvine-based mobile car financing startup AutoGravity said this morning that it has appointed Meesh Pierce as the company's new Vice President of Product Management. Pierce was most recently VP of Product Management at Fandango, and also served as a consultant to Epson America, Energy & Power Solutions, and other companies.

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HelloTech Names New President

socalTECH

Hong was previously co-founder of Dropoff, an Austin, Texas startup providing same day delivery for businesses. Prior to that, he was Chief Marketing Officer at Fandango. According to HelloTech, Hong will ofersee finance, marketing, operations, product development, and technology operations for the company.

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WhipClip, Led By Richard Rosenblatt, Gets $20M For Video Clipping Apps

socalTECH

Los Angeles-based WhipClip , a yet-to-be-launched startup led by Demand Media founder Richard Rosenblatt, revealed today that it has raised $20M in a venture funding round. The funding reportedly values the startup at $100M. READ MORE>>.

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YP Links With Groupon

SoCal Tech Calendar

Los Angeles-based local search site YP said Thursday that it has linked up with Groupon , to integrate Groupon's local deals into its discovery site and mobile apps. The integration effort is being led by SoCal startup vet Stu MacFarlane, who is Executive Vice President, Consumer Platforms at YP. READ MORE>>.

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