Edlio gets investment for school communications; Riot Games accused of gender bias; Jukin Media proves old content doesn’t expire
Riot Games Inc. is the center of a new expose by the Los Angeles Times, which alleges the workplace in Sawtelle is rife with harassment and sexism. The LA Times reports 21 of 23 senior executives at Riot is male, and female employees have found their careers willfully stalled by the company in favor of its 80 percent male workforce. These allegations follow an August report from video game site Kotaku detailing various instances of alleged sexual misconduct and gender bias at Riot Games. The “League of Legends” publisher has publicly addressed this on its homepage, with a post detailing its plans to soothe the internal strife.
Culver City-based Edlio Inc., which develops communications software for school districts, raised its second funding round from Philadelphia-based private equity investor LLR Partners. Terms of the round were not disclosed but Edlio said the funds will be used to fund further acquisitions and market expansions, according to Socaltech. Edlio’s software is used by more than 9,700 schools in the U.S., Canada and Latin America to help administrators manage school websites and forms, news alerts, communicate with parents and assist them with their students’ homework.
Baldwin Hills–headquartered Jukin Media Inc. is the center of a new Digiday report on monetization of videos, particularly those which have been around for a while. Jukin Media Chief Executive Jonathan Skogmo reported his company achieved profitability partially via acquiring the rights to popular and viral user-generated videos, then licensing them to television and web producers. The company distributes content across various ad-supported platforms such as Twitch Interactive Inc. and Pluto Inc.’s Pluto TV. Jukin Media told Digiday this repurposed content is more profitable than the five YouTube Inc. channels it operates.
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