Rotten Tomatoes and Flixster acquired by Fandango
Rotten Tomatoes and Flixster were acquired by
for an undisclosed amount this week. Both movie-centric websites were purchased from Warner Bros. Entertainment. Fandango operates in Los Angeles as a unit of NBCUniversal. [Fandango Buys Rotten Tomatoes and Flixster, Los Angeles Business Journal]
2 LA tech giants named to Fast Company’s Most Innovative list
Two Los Angeles tech companies were among Fast Company’s 50 Most Innovative Companies of 2016.
took the number 22 spot, while
came in at number 38. Neither were included in last year’s list. [Built In Los Angeles]
Flipagram Now Supports Direct Messaging
added a much sought after direct messaging feature for users of their popular app. Now users can directly and privately send their ‘Flips’ to their friends. [Flipagram Adds Direct Messaging, Socal Tech]
Google launches grocery delivery in LA
is expanding their Google Express service, which delivers fresh-groceries, to include parts of Los Angeles. So far, the service is limited to a swath of land west of downtown to Santa Monica. [Google Launches Fresh-Grocery Delivery Service In San Francisco and Los Angeles, TechCrunch]
Disney’s purchase of Maker Studios will end up costing $675M
Disney’s final purchase price for
is $675 million. Disney bought the company back in 2014 for $500 million, but promised to pay an additional $450 million in future payments if performance benchmarks were reached. Apparently $275 million of them were not. [Disney’s Final Purchase Price for Maker Studios: $675M, Los Angeles Business Journal]
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