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TV, Film Studio Scores Stake in E-Sports Squad

INTERNET: Investment by Lions Gate latest sign of sector’s growing power.Another big L.A. player is diving into the digital world of e-sports, hoping to grab a piece of a market that is expected to grow to $1 billion as early as next year.

By Henry Meier January 13, 2017 midnight   Share

Silicon Beach Report Jan. 23: SpaceX Won’t Try to Land Its Next Rocket

SpaceX won’t try to land its next rocket, Snapchat implements rules to combat fake news and explicit content, and Southern California Edison seeks $570 million for electric vehicle programs.

Silicon Beach Report Jan. 20: Snap Inc. Justifies $20 Billion Valuation with User Engagement

Snap Inc. justifies $20 billion valuation with user engagement, DirecTV Now claims more than 200,000 subscribers in first month, and Warner Bros. to run first Snapchat puzzle lens ad.

Silicon Beach Report Jan. 19: Two Bit Circus Raises $15M to Launch Amusement Park

Two Bit Circus raises $15 million to launch amusement park, Nasdaq and New York Stock Exchange fight to host Snap Inc.’s IPO, and Hyperloop One hires former Uber, Google executive as CFO, and more.

L.A. Cleantech Incubator Founding CEO to Step Down

Fred Walti, the founding chief executive of the Los Angeles Cleantech Incubator, is stepping down after six years at the helm, Los Mayor Eric Garcetti announced Thursday.

Silicon Beach Report Jan. 18: Hulu to Allow Users to Download Shows to Their Phones

Hulu to allow users to download shows to their phones, Hyperloop Transportation Technologies eyes European network, and TeamDom raises $1 million to sell advertisements from influencers.

Silicon Beach Report Jan. 17: Mitú to Create Latino Content for MLB

Mitú to create Latino content for MLB, Snap Inc. secrecy culture may clash with the requirements of a public company, and Seinfeld’s “Comedian’s in Cars” leaving Crackle for Netflix.

Mitú to Create Latino Content for MLB

Latino media company mitú has signed a content deal with Major League Baseball to promote baseball to young Latino audiences.

Silicon Beach Report Jan. 16: Snapchat IPO Investors Won’t Get Voting Power

Snapchat IPO investors won’t get voting power, Wilcon plans to wire downtown Los Angeles to aid increased cell demand, DirecTV Now customer complaints growing, and more.

Wilcon Plans to Wire Downtown Los Angeles to Aid Increased Cell Demand

To serve growing bandwidth demand from wireless phone companies, telecommunications firm Wilcon announced plans to expand and then connect its fiber-optic network to hundreds of small cellular sites in downtown Los Angeles.

Michael Lynton Steps Down as Head of Sony Entertainment

Sony Entertainment chief executive Michael Lynton, 57, will step down from his post to focus on his position as chairman of the board of Snap Inc., according to news reports from The New York Times, Deadline.com, and others.

Silicon Beach Report Jan. 13: Head of Sony Entertainment, Michael Lynton, Steps Down to Become Snap Chairman

Head of Sony Entertainment, Michael Lynton, steps down to become Snap chairman, Rubicon shares soar after rumor of a sale, RadPad acquired after rough 2016, and more.

RadPad Acquired After Rough 2016

Apartment listing service RadPad Inc. of Venice has been purchased by tenant-screening service LandlordStation of Dallas for an undisclosed amount.

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Beverly Hills Ready To Ride Robot Cars

City applies with federal government to open streets for autonomous vehicle testing.

Beverly Hills hopes to get on board with federal testing of autonomous vehicles

Silicon Beach Report Jan. 12: Venture Capital Investment in Los Angeles Drops

Venture capital investment in Los Angeles drops, Honest Co. recalls baby powder, Snap Inc. sued for alleged patent infringement, and more.