The founder of Los Angeles-based Fandango, J. Michael Cline. has died after a plunge from a Manhattan hotel, according to the NY Times. Cline--who was living in Palm Beach, Florida--reportedly fell from the 20th story of the hotel. Cline wa...

Burbank-based multi-channel streaming platform Loop Media reports that it has received a warning from the NYSE American. According to the company, it was advised the company is "not in compliance with the NYSE American continued listing sta...

Los Angeles-based Elf Labs said this morning that it has launched a new company, which is combining hundreds of trademarked, iconic fairytale characters with "AI-powered production and distribution technology". According to the company, it ...

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...

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...

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...

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...

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 ...

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....

Los Angeles-based Futureverse...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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 ...

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. ...

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 ...

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...

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...

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 ...

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...

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...

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...

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...