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Defy Media Creators Likely Out Of Luck

socalTECH

Now defunct, Los Angeles-based multi-channel content network Defy Media is unlikely to be able to pay the $1.7 million it owes more than 50 YouTube creators, after the company's shutdown in November, according to a report. Ally Bank said that Defy Media is being liquidated by its board of directors. READ MORE>>.

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Rumpus, the collaborative toolkit from Oblong Industries, is now available on Webex

TechCrunch LA

In a previous life, John Underkoffler spent his days in Los Angeles dreaming up all of the possible ways men and machines would interact as a science adviser on films like Minority Report. The first bolt in the quiver of tools that Underkoffler began building out over the course of 15 years spent at MIT’s Media Lab was Mezzanine.

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Coincident.TV Is “CREATE”-ing Second Screen Transmedia Producers Out Of Everyone [Beta Invites]

Tech Zulu Event

Coincident has created a platform that will allow storytellers and producers to create robust second screen stories on the fly that incorporate video, images and other web content. What is coming is Internet-enabled televisions, content streaming with built-in social media interactions in real time and multiple screen activities.

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RealD Signs Another Chinese Theater Chain

socalTECH

Los Angeles-based RealD , which developer 3D projection technology for the movie theater industry, has signed its fourth, Chinese exhibitor for its technology, the firm reported this morning. Financial impact of the win was not announced. Financial impact of the win was not announced. READ MORE>>.

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The Most Obvious Mobile Ad Unit and What the New York Times Got Wrong

Both Sides of the Table

” It’s hard to really find fault with the reporting. According to Forrester Research (2011 report) 77% users who abandoned an online purchase cite the inability to speak to some as their primary reason for leaving. Here are some data provided by a BIA / Kelsey report (2012). In some ways it appears factually correct.

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Jetpack Gives a Boost to Mobile and Rich Media Advertising

Tech Zulu Event

Until recently, three legacy providers (Sizmek, PointRoll and Google’s DoubleClick) have dominated the rich media market. But that’s changing with a new crop of rich media platforms disrupting the ecosystem with new mobile and non-standard rich media ad formats, one of which – Jetpack – is located right here in Santa Monica.

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Should Startups Announce Their Funding?

Both Sides of the Table

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.

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