Los Angeles Business Journal


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Online Ads Not Looking So Good

INTERNET: Industry steps up to track, counter fraudulent views.Fraudulent ad views spur online publishers and their clients to take another look at how audiences are measured.

By Omar Shamout December 15, 2014 midnight   Share

Zealot Networks Buys AudioMicro for $20 Million

Danny Zappin’s Zealot Networks has made its first buy. The recently launched digital media company announced Thursday it purchased a majority stake in music licensing firm AudioMicro for $20 million.

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Spokeo CEO Talks Record Growth

Spokeo announced this week it hit $57 million in revenue this year, a 159 percent increase over the last three-year period.

Sony Hack Reveals Snapchat Acquisitions

The hacked emails have turned a spotlight on Snapchat and two previously unknown acquisitions.

Smiletime Launches Interactive Video Platform

Smile for the camera – and talk to your favorite celebrity. That’s what Smiletime is offering to TV fans with its new interactive video platform.

21st Century Fox to Acquire TrueX

Video ads can be annoying, but they also can be somewhat of an art. After all, how do you grab the attention of online consumers who have grown to ignore them?

Upfront Ventures Raises $280 Million Fund

The Santa Monica VC firm has raised $280 million to close its fifth fund, General Partner Mark Suster announced on his blog.

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Serviz Fixes on $12.5 Million

These days, you can request anything with the push of a button. And Serviz, an on-demand home service startup, is showing just how much investors are willing to back this new business model.

Virtual Piggy Banks Partnership

Virtual Piggy, a payments provider for teens, has added another partner to its playpen.

DashGo Acquired by AdRev

Digital music distributor DashGo has been acquired by AdRev, a division of digital licensing firm AudioMicro Inc., which helps artists collect revenue from music used in YouTube videos.

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L.A. Launch List: Dec. 12

On this week's Launch List: A children-friendly streaming service, an ad tech firm and a celebrity's mobile game.

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Lindsay Lohan Reveals ‘The Price of Fame’

Lindsay Lohan is trying to keep up with at least one Kardashian. The actress has unveiled “The Price of Fame,” a mobile game designed to be a parody of celebrity culture and paparazzi.

Jacobs Team Beats Tutor, Parsons for Rail Project Segment

A consortium that includes Pasadena engineering giant Jacobs Engineering Group Inc. has won the bid to design and construct the second phase of the state’s high-speed rail project, the California High-Speed Rail Authority in Sacramento announced Thursday.

VideoAmp Launches Ad Tech Startup with $2.2 Million

Ad tech startup VideoAmp loves that it’s starting from scratch.

DreamWorks’ AwesomenessTV Sells Stake to Hearst

AwesomenessTV is living up to its name, according to one media giant. Hearst Corp. has acquired a 25 percent stake in DreamWorks Animation’s subsidiary for $81 million.