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Dear Media Finds $8M

socalTECH

West Hollywood-based Dear Media , which is developing a podcasting network focused on female voices, said on Thursday that it has raised $8M in a funding round. The funding came from private equity investor Magnet Companies. The company is focused on millennial and Gen-Z women.

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Jukin Media Gets Strategic Funding

socalTECH

Los Angeles-based viral video company Jukin Media has raised a strategic funding round, for that company''s video entertainment network on YouTube, according to the company. Jukin Media''s YouTube channels include viral video channels FailArmy, JukinVideo, and CutiesNFuzzies. Jukin Media was founded by Jonathan Skogmo.

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Fullscreen Gets Funding For YouTube Network

socalTECH

Fullscreen , the online entertainment video site headed by George Strompolos, announced this morning that it has raised a round of Series A funding. Size of the funding was not announced. fullscreen media entertainment youtube network content hollywood venture capital' billion monthly views. READ MORE>>.

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YouTube's New Investments Aimed At Hollywood Creators

socalTECH

Google''s YouTube has created a huge upswing in content and media startups-and fortunes--in Los Angeles, with the rise of multi-channel networks. A new effort by YouTube to fund individual content creators-- announcd last week --might further fuel that fire. youtube hollywood channel content creator video funding investment'

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Fullscreen Grabs $30M More For YouTube Network

socalTECH

Culver City-based Fullscreen , which operates a multi-channel youTube network, and is led by George Strompolos (formerly of YouTube/Google), has raised $30M in a new round of funding, according to reports today. The funding round reportedly values the company at $110M pre-money. READ MORE>>.

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As it adds Jeremy Milken to the partnership, Watertower Ventures nears $50 million close for its new fund

TechCrunch LA

Milken is taking the plunge into institutional investing, joining Norton as a partner in Watertower Ventures just as the firm prepares to close on a $50 million new fund. These opportunities are creating an opening for Watertower Ventures in markets far beyond the Hollywood hills. “I see two things happen.

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Defy Media Creators Likely Out Of Luck

socalTECH

Now defunct, Los Angeles-based multi-channel content network Defy Media is unlikely to be able to pay the $1.7 One of the companies which had provided debt funding to Defy Media, Ally Bank, said recently that it expects to experience "a substantial loss" on its loan to the company. READ MORE>>.

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