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L.A.’s March Capital Closes $240 Million Inaugural Tech Venture-Capital Fund

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March Capital Partners announced the closing of its first fund, totaling $240 million, with a focus on technology and media startups in Southern California. The VC firm, based in Santa Monica, has invested more than $100 million in at least 15 companies globally, spanning both early- and late-stage companies across multiple tech sectors, centered on… Read more »

Ratings: AMC’s ‘Preacher’ Opens Modestly on Crowded Sunday Night

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AMC will be looking closely at the three-day ratings for new drama “Preacher,” which opened fairly modestly on Sunday against some high-profile live programming on competing networks. According to Nielsen, “Preacher” averaged a 0.9 rating in adults 18-49 and 2.4 million viewers overall in “live plus same-day” estimates. While not big numbers, the demo score… Read more »

Twitter Changes Tweet Rules to Exempt Media, Replies From 140-Character Limit

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Twitter is officially getting ready to embrace more context for tweets: Users of the service will soon be able to tweet images, videos, polls and other types of media without having it count against the service’s 140-character limit, Twitter announced Tuesday morning. Twitter usernames will also be exempt from the limit, which makes it easier to… Read more »

Red Bull Takes Equity in GoPro, Commits to Multi-Year Partnership

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Energy drink maker/lifestyle brand Red Bull is tying the knot with GoPro: GoPro’s cameras will exclusively be used to capture footage at more that 1,800 Red Bull events  in the next few years, both companies announced Tuesday. Both companies will also share content rights on the resulting footage, and distribute it both via GoPro’s and Red… Read more »

China Investors in $1 Billion Deal for Sports Rights Leader MP & Silva

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Chinese investors Everbright and Baofeng have taken a majority stake in Italy-based sports rights group MP & Silva and established a ‘strategic partnership’ with the company. Everbright, listed in Hong Kong, is a large and diversified financial conglomerate. Baofeng, listed in mainland China, is one of the fastest moving companies in Asia, specializing in digital… Read more »

Fox Buys Chinese Series ‘To Be A Better Man’ From Linmon

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Fox Network Group has acquired international rights to Chinese TV series “To Be A Better Man” from producer Linmon Pictures. The move underlines Fox’s recent expansion into local-language production and series broadcast. Fox will carry the 42-part romantic drama on its own STAR Chinese Channel and will resell rights to broadcasters outside its channels group…. Read more »

Angelina Jolie Has a New Job Title: Professor

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LONDON — Angelina Jolie — Oscar-winning actress, humanitarian activist…and now a visiting professor at one of Britain’s most prestigious universities. The London School of Economics has named Jolie one of four new professors in its novel master’s-degree program focusing on women in conflict zones and on issues of sexual violence. The program, slated to begin… Read more »