Hollywood Invest Layoffs Los Angeles 
socalTECH
FEBRUARY 23, 2015
Los Angeles-based YouTube network Machinima revealed last week that it has raised $24M in a funding round from Warner Bros., According to reports from the Hollywood Reporter, Machinima cut 14 percent of its staff on Friday, immediately following the announcement of the new funding round from its backers. READ MORE>>.
socalTECH
MAY 7, 2009
Los Angeles-based 60Frames , an online entertainment studio developing professionally produced, online content, has reportedly shut down , according to The Hollywood Reporter. in funding in 2007, from Tudor Investment Corporation and the Pilot Group, and was apparently unable to raise a second round of financing.
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