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HitFix Snags VP From The Hollywood Reporter

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Los Angeles-based film, TV, and entertainment site HitFix said today that it has snagged the former General Manager for Digital for The Hollywood Reporter, Alex Boyce, as its new Senior Vice President of Business Development and Strategy. HitFix is an online entertainment site led by Gregory Ellwood and Jennifer Sargent.

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Silicon Beach Report May 7: Snap’s new CFO comes from Amazon, cryptocurrency hack targets Drupal sites

L.A. Business Journal

Snap taps Amazon exec as CFO; UCLA among 400 sites caught in cryptocurrency hack; Sirius XM opening in Hollywood

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Report: Hulu Hires Guggenheim Partners To Sell Company

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A report Wednesday afternoon says that Los Angeles-based streaming media site Hulu has hired investment banking firm Guggenheim Partners, to advise the firm on a sale. The report from Reuters , citing three sources with knowledge of the matter, said there''s an ongoing auction process for Hulu. READ MORE>>.

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Hulu Entertaining At Least Five Bidders, Says Report

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Los Angeles-based video streaming site Hulu is entertaining offers from at least five different bidders, according to a report over the weekend, including one that values Hulu at between $600M to $800M. hulu streaming video merger acquisition content hollywood' READ MORE>>.

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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. HuffPo Live was launched about a year to, to provide live-streaming, video coverage to the Huffington Post site. READ MORE>>.

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GotCast Reports User Numbers

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Los Angeles-based GotCast , the online casting and talent site run by Alec Shankman, announced Friday that it has reached 400,000 users on its site. The firm said it has now hosted over 6,000 castings on the site. Tags: gotcast online talent casting content hollywood. READ MORE>>.

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TheWrap Takes On Hollywood News

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Hollywood-based TheWrap.com , a new online news site focused on entertainment and media, said it launched today, backed by venture capital firm Maveron. According to the firm, it will feature original reporting, "curated news", and contributions from insiders in the entertainment industry. READ MORE>>.

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