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>>.

Report 127

Report Southern California Media Content 127

socalTECH

NOVEMBER 6, 2015

Santa Monica-based Demand Media is continuing to see a steep drop in revenues from its content and media efforts, reporting Thursday afternoon that it had $15.9M in revenues from its Content & Media segments, compared with $33.6M The company reported a total, Q3 revenue of $28.5M. in the same quarter in 2014.

Demand 100

Demand Content eHow Media 100

socalTECH

NOVEMBER 10, 2022

In more continuing turmoil at Twitter, new owner Elon Musk is reportedly ending the ability to work remotely at the social media company, and is demanding employees put in "at least" 40 hours in person at the office each week. The report--from Bloomberg--said that the new rules kick in immediately.

Demand 113

Demand Social Media Report Sites 113

socalTECH

JULY 30, 2012

Los Angeles-based digital media publisher BUZZMEDIA is wasting no time reshaping SPIN Magazine , the venerable music and culture publication it acquired earlier this month, and is reportedly already cleaning house.

Layoffs 124

Layoffs Entertainment Report Los Angeles 124

socalTECH

SEPTEMBER 29, 2011

Irvine-based Specific Media has cut a small amount of its staff, as it continues to absorb its buy of Los Angeles-based MySpace. Specific Media would not confirm the exact extent of its cuts, but reports say the cuts were less than 8 percent of the firm.

Media 150

Media Los Angeles Report Sales 150

socalTECH

MARCH 2, 2011

Santa Monica-based Mahalo , the online human-curated news and search site headed by Jason Calacanis, has cut 10 percent of its staff, according to reports. According to a report by CenterNetworks, the changes were a reaction to the search algorithm and quality changes made by Google last week. READ MORE>>.

Mahalo 133

Mahalo Report Santa Monica Google 133

TechCrunch LA

OCTOBER 19, 2019

It echoes the same message from Kik’s chief executive Tim Livingston last week when he rebuffed earlier reports that the company would shut down amid an ongoing battle with the U.S. Buying the Kik messaging platform adds another social media weapon to the arsenal for MediaLab and its chief executive, Michael Heyward.

Social Network 153

Social Network Los Angeles Social Media Layoffs 153

socalTECH

NOVEMBER 24, 2008

Hollywood-based, music-related blog and content firm Buzznet has reportedly cut employees, according to a report from Digital Music News. Buzznet operates an online social networking and social media site focused on music and bands, and is backed by Anthem Ventures, Interscope, Redpoint Ventures, and others.

Buzznet 100

Buzznet Report Anthem Redpoint 100

Both Sides of the Table

JANUARY 26, 2013

One of the advantages of blogging, using social media, public speaking, etc as a VC is that you get a more nuanced view of these shifts by watching your own successes and failures. The problem is that this is publicly available information that can and will be scanned by journalists and reported. When you file, you must be prepared.

Startup 355

Startup Funding News Press 355