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HuffingtonPost Abandons Los Angeles Video Streaming Effort, Says Report

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The Huffington Post is abandoning its video effort, HuffPo Live , in Los Angeles, according to a report today, and is laying off around 20 staffers from its office here. huffingtonpost video streaming livestream talk television content hollywood huffpo live layoff jobs' READ MORE>>.

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Report: CityGrid Lays Off Two Thirds Of Staff

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A report this morning says that West Hollywood-based CityGrid , the parent firm of CitySearch, Urbanspoon, and InsiderPages, has laid off two thirds of its staff. The layoffs--reported by TechCrunch-- reportedly affected 130 people. citygrid urbanspoon citysearch insiderpages jobs employment layoff angeles guide online publishing'

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Machinima Lays Off 42

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Los Angeles-based online content developer Machinima said Thursday that it has laid off 42 people at the company, all from its sales force, as the company continues to struggle with low ad rates and the large chunk of revenues that are claimed by Google from multi-channel networks. READ MORE>>.

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Machinima Cuts 10 Percent More

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Los Angeles-based YouTube network Machinima announced Wednesday afternoon that it has laid off 10 percent of its employees, or 22 employees out of a current staff of 206, as part of a shift in its programming plans. The company said the layoffs come as part of an "increased commitment to premium programming". READ MORE>>.

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RealD Cuts Staff, Downsizes Facilities

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Los Angeles-based 3D movie project technology developer RealD said this morning that it has cut its headcount, and will be downsizing its facilities, as part of a expense reduction move. reald layoff jobs employment hollywood movie projection theater' READ MORE>>.

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Machinima Gets $24M, But Chops Staff

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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>>.

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60Frames Shuts Down

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Los Angeles-based 60Frames , an online entertainment studio developing professionally produced, online content, has reportedly shut down , according to The Hollywood Reporter. Tags: 60frames online entertainment content hollywood studio layoff shutdown. 60Frames had raised $3.5M 60Frames had raised $3.5M

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