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Tuesday, April 9, 2024

USC To Hold Student Videogame Expo

USC Games, the game design program at the University of Southern California, is re-launching its annual showcase of student created games, the US Games Expo, according to the school. The showcase features 60 games created by students, along...

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Wednesday, April 3, 2024

Storiaverse Aims At Mobile Entertainment, Backed By $2.5M

Los Angeles-based Storiaverse said this morning that it has launched a new app aimed at helping writers and animators to create "immersive, animated content". According to the company its app--which runs on iOS and Android--combines animate...

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Friday, March 15, 2024

VeVe Launches Digital Comics Service

Los Angeles and Auckland, New Zealand-based VeVe, a provider of "digital collectibles, comics, and artwork" said it is launching a new "digital comic" service called VeVe Comics. According to the company, the service brings non-subscription...

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Wednesday, January 31, 2024

Universal Music Group Threatens To Pull Music From TikTok

Universal Music Group is threatening to pull all of its music from TikTok. In an open letter to the "artist and songwriter community", Universal Music Group said it was pressing TikTok on "appropriate compensation for our artists and songwr...

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Monday, January 22, 2024

MGM Alternative and the Global Esports Federation In Content Deal

Los Angeles-based MGM Alternative, which is part of Amazon MGM Studios, says it has inked a deal with the Global Esports Federation, which will create contant around games, Esports athletes, and the "gaming lifestyle". Financial details of ...

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Thursday, January 11, 2024

Amazon Cuts Hundreds Of Prime Video, MGM Studios Jobs

Amazon is is cutting hundreds of jobs in its Prime Video and MGM Studios divisions, in a move that is likely to impact many employees in Southern California. It's unclear exactly how many Amazon and MGM Studios employees will be impacted....

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Monday, October 30, 2023

Futureverse Ties Into Alibaba Cloud

Los Angeles-based Futureverse...

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Wednesday, October 11, 2023

KINO Studios Collects $2M

Los Angeles-based KINO, a film technology startup, says it has raised $2M in a pre-seed funding round. The funding came from Sequoia Capital's Scout program, Blockchain Founders Fund, Slow Ventures, Metaweb Ventures, Genius Ventures, The Ne...

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Thursday, September 28, 2023

Evolve Media's ComingSoon Expands To Bollywood

Los Angeles-based Evolve Media, which owns a suite of Internet properties, said its entertainment news coverage site, ComingSoon, is expanding its coverage to Bollywood. The company said it has seen its traffic expand since a resdeisgn in D...

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Friday, September 22, 2023

Amazon To Start Running Ads On Prime Video

Amazon will start running ads on its Prime Video service, a major shift in how it has been running its online video streaming efforts--unless you pay $2.99 a month. According to Amazon, it will start running ads on its formerly ad-free serv...

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Friday, September 15, 2023

Prime Focus Technologies Ties With Microsoft

Los Angeles-based Prime Focus technologies, a developer of AI-powered software for the media and entertainment industry, said it has tied with Microsoft, and is using Azure and Microsoft AI as part of its offerings. The company said the new...

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Wednesday, September 13, 2023

Cineverse Names CFO

Los Angeles-based Cineverse said this morning that it has named Mark Lindsey as the company's Chief Financial Officer. Lindsey has been Executive Vice President, Accounting and Finance, at Cineverse since November 2022, and previously serve...

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Friday, September 8, 2023

Interview with Richard Wolpert, Ocean Life Network

So tell us about this new venture? Richard Wolpert: The new venture is called Ocean Life Network. It's going to be a digital media company around all things ocean. We will have a website, but the real focus to start is going to be a...

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Friday, September 1, 2023

Ocean Life Network Launches New Content Network

Westlake Village-based Ocean Life Network, a new startup headed by repeat entrepreneur and investor Richard Wolpert, announced this morning that it is launching a new "FAST TV" content network focused on ocean content. According to Ocean Li...

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Wednesday, July 26, 2023

Cineverse Jumps Into AI

Los Angeles-based streaming and entertainment company Cineverse is jumping into the world of artificial intelligence, saying it has unveiled a new product called Matchpoint AI. According to the company, the new "AI-based platform and market...

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Monday, July 24, 2023

IAC May File Lawsuit Against AI Firms

IAC, the Internet media giant founded by Barry Diller, may be preparing a lawsuit seeking billions of dollars from artificial intelligence companies for a coalition of online publishers, for their use of those publishers' content to train t...

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Tuesday, July 18, 2023

Futureverse Raises $54M For AI Metaverse Tools

Los Angeles-based Futureverse, a developer of generative AI technology which is focused on the gaming market, says it has raised $54M in a Series A funding. The funding was led by 10T Holdings, and also included Ripple. Futureverse says its...

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Monday, July 10, 2023

Versus Launches AI Content Creation tool

Los Angeles-based VersusGame said today that it is rolling a new, artificial intelligence (AI) tool that automatically generates contextually relevant content from any subject or topic. The company says its new tool generates a video or an ...

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Wednesday, April 5, 2023

Scopely Acquired For $4.9 Billion By Savvy Games Group

Los Angeles-based videogame developer Scopely has been acquired for $4.9 billion by a Saudi Arabian company, Savvy Games Group, in a big exit for the local tech market. Savvy Games Group is owned by the Saudi Arabia Public Investment Fund. ...

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Tuesday, April 4, 2023

BENlabs Launches Tool For Optimizing Short Videos

Los Angeles-based artificial intelligence software developer BENlabs, which owns TubeBuddy, says it has rolled out a new, artificial intelligence driven tool aimed at helping creators create and optimize short form video content. According ...

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Thursday, March 30, 2023

VIZIO Partners With AMC Networks

Irvine-based smart TV maker VIZIO said today that it has partnered with AMC Networks, to expand the content available on its TVs. According to company, the expanded partnership adds the AMC+ app plus nine free streaming channels, along over...

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Wednesday, March 29, 2023

Autio, Founded By Kevin Costner, Gets $5.9M

Santa Barbara-based Autio, a new, location-based audio storytelling startup founded by Kevin Costner, said today that it has raised $5.9M in a funding round. The funding was led by iHeartMedia. The company's app uses a user's GPS location t...

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Tuesday, March 28, 2023

Report: Disney Shuts Down Metaverse Efforts

Burbank-based Walt Disney has reportedly shut down its metaverse division, with the company axing most of the people who were working on those efforts. The cuts also apparently included cuts to an Amazon Prime-like subscription service for ...

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Wednesday, March 15, 2023

Magic Soup Games Launches Videogame Studio

Irvine-based Magic Soup Games said this morning that it has launched a new game studio. The company said its founders are Jen Oneal, J. Allen Brack, and John Donham, who have worked on World of Warcraft, Star Wars, Tony Hawk, EverQuest, Dia...

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Tuesday, March 14, 2023

Pocket.watch, Jellysmack Dangle $25M To Creators

Los Angeles-based Pocket.watch, which runs a digital entertainment brand, said it has partnered with Jellysmack, to provide up to $25M to creators developing content for the kids and family market. The two did not say how they will make tho...

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Wednesday, March 8, 2023

VIKOC Aims To Connect Creators, Brands

A new, Ontario, California-based startup, VIKOC, said this morning that it has launched a new platform it says helps video creators, freelancers, and influencers to offer their services to brands. The startup is running a marketplace, which...

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Thursday, February 16, 2023

FuzzyBot Snags New Funding

Los Angeles-based videogame studio FuzzBot said this morning that it has scored new investment, adding investments from Dreamhaven, Loaded, Lirik, and Gaingels. Size of the investment was not disclosed. According to FuzzyBot, the funding ca...

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Wednesday, February 15, 2023

Amazon Invests $20M In Superplastic

Amazon and "synthetic celebrity" developer Superplastic said that Amazon has led a $20M investment round in Superplastic, and inked a deal with Culver City-based Amazon Studios for a new series. The funding also included Craft Ventures, Goo...

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Monday, February 13, 2023

Cinedigm Partners With ROW8 For Rentals

Los Angeles-based online streaming provider Cinedigm says it has partnered with ROW8 to add new, rentable theatrical titles on its Cineverse service. According to the company, the partnership lets customers rent recently released premium mo...

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Thursday, February 9, 2023

Disney Cuts 7,000 Jobs, Cuts Back Spending

Burbank-based Disney said on Wednesday that it is cutting 7,000 jobs, and reducing spending, with plans to cut $5.5 billion in costs. Both moves have typically impacted Southern California's technology industry, with cuts in the past both n...

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