socalTECH

MARCH 7, 2014

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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socalTECH

SEPTEMBER 18, 2013

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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socalTECH

JUNE 2, 2014

Maker Studios , the online YouTube content network which was recently acquired by Walt Disney , is cutting approximately 10 percent of its staff. maker studios disney merger acquisition jobs employment layoff content hollywood' READ MORE>>. maker studios disney merger acquisition jobs employment layoff content hollywood'

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Layoffs Hollywood Content Acquisition 147

socalTECH

JANUARY 22, 2019

In an unprecedented move, Otter Media , the new owner of Machinima , has set the entire Machinima YouTube channel to "private", effectively wiping the entire history of content created for the content network from the Internet. Digital Networks, and was popular for its gaming-related content and its streaming by gamers and other fans.

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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>>.

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socalTECH

DECEMBER 15, 2012

High flying, YouTube network Machinima has laid off 10 percent of its staff, as part of a reorganization, according to reports Friday evening. News of the layoffs first trickled out via Twitter from many of the firm's former employees.

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socalTECH

FEBRUARY 5, 2019

Machinima , which had been the poster child for Southern California's multi-channel-network (MCN) boom, has laid off most of its employees and ceased its operations , according to reports. The shutdown comes after a reorganization of the digital properties of AT&T, as well as its Otter Media subsidiary. READ MORE>>.

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