Los Angeles Business Journal


Recent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...

Cinedigm and TV4 Partner to Launch Online Channels

Film distributor Cinedigm and online video aggregator TV4 Entertainment have partnered to offer over-the-top niche channels that target preschool, kids and tween viewers.

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Gear Shift

Why TrueCar’s Scott Painter traded in 20% of his staff

TrueCar’s Scott Painter said a hefty staff shuffle has revved up the vehicle-shopping website.

Beer Maker Hops on Solar Energy Bandwagon

ALCOHOL: MillerCoors uncorks massive array at facility in Irwindale.

Beer maker MillerCoors looks to tap the sun with a massive solar panel array at its Irwindale plant.

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L.A. Launch List: Feb. 6

On this week's Launch List: a non-QM loan startup, a "Hispennial"-facing MCN and "Uber for dog walking."

Disney Sets Aside $198 Million for Maker Studios

Walt Disney Co. has earmarked $198 million in potential payouts to Maker Studios’ former shareholders, according to the Burbank media house’s 2014 earnings report.

Zealot Networks Acquires Converge Media

Zealot Networks has picked up another talent management firm, acquiring comedy-focused Converge Media Group for an undisclosed amount.

MiTu Captures $15 Million Series B Round

MiTu has closed $15 million in Series B financing to invest in tech and grow its editorial team.

Ouya Plays for Chinese Market with Games, Not Consoles

Instead of selling its $99 console in China, which last year lifted a 14-year ban on foreign game consoles, Ouya has pivoted its strategy to focus on distributing its 1,000-plus game library through partners overseas.

Epoxy Partners with Maker, Fullscreen, AwesomenessTV, Others

Epoxy has closed deals with major multichannel networks to provide video management tools for YouTube creators to better operate across multiple platforms.

Izea Acquires Freelancer Marketplace Ebyline

Izea Inc., an influencer marketing firm in Orlando, Fla., has acquired Sherman Oaks’ Ebyline Inc., an online marketplace for freelancers, for an initial price of $1.2 million.

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Moving Up

INTERNET: Mobile Majority takes run at growing online ad sector with acquisition of data analysis firm Elastic.

Mobile Majority hopes to keep pace with the growth of online ads with its pickup of data analyzer Elastic.

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Producer Looks to Link With Latinos on Internet

Entertainment: Latin Everywhere buys platform for Spanish-language fare.

Latin Everywhere hopes its new Internet platform will help its content click with a bigger audience.

Report: Ouya Receives $10 Million Alibaba Investment

Ouya, a Santa Monica video game console creator, received a $10 million investment from Alibaba last month, according the Wall Street Journal.

HelloTech Raises $2.5 Million

HelloTech has raised $2.5 million in seed funding to create an on-demand network of IT technicians to help consumers with their electronics problems.

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L.A. Launch List: Jan. 30

On this week's list: a peer-to-peer marketplace for event space rentals, children's mobile games and a grocery savings app.