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Hollywood Software Firms Merge

L.A. Business Journal

Burbank-based Entertainment Partners has acquired Culver City-based software developer SyncOnSet Technologies Inc.

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Snoop Dogg's Casa Verde Capital Funds Green Bits

socalTECH

West Hollywood-based Casa Verde Capital , the new, $45M investment fund run by rapper Snoop Dogg, is one of the investors in a software developer developing code for running cannabis businesses.

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Cloud Takes Acquired By Technicolor

socalTECH

Cloud Takes founder Daryll Strauss has been hired by Technicolor as Vice President of Software Development. Cloud Takes'' software was used to manage digital assets, track project progress, and more, and ran on Amazon Web Services. READ MORE>>.

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Capital Music Group Launches Music, Technology Innovation Center

socalTECH

Capital Music Group (CMG), which is a division of Universal Music Group (UMG), announced on Tuesday that it is launching a new "innovation center", which will be based in the music company's iconic tower in Hollywood. The center will open its doors on April 15th, hosting a set of teams that were picked at the SXSW Music Hackathon.

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FilmTrack Backs Content ID Effort

socalTECH

Los Angeles-based content and rights management software developer FilmTrack said late Tuesday that it is backing a new metadata standard for the media and entertainment industry. FilmTrack said it has linked with EIDR, an organization developing a new content identifier system for the movie and television industry. READ MORE>>.

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CityGrid Media Buys BuzzLabs

socalTECH

West Hollywood-based CityGrid Media , the unit of IAC formerly known as CitySearch, said today that it has acquired BuzzLabs , a social media monitoring and sentiment analysis software developer. Financial terms of the deal were not announced.

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Flywheel Expands Across LA

socalTECH

Mobile taxi summoning app developer Flywheel is expanding its coverage area in Los Angeles today, saying that it will now provide coverage in Beverly Hills, West Hollywood, and Culver City as well as the Westside and the South Bay.