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The explosion of user-generated content and creativity. An unprecedented shutdown of film and television production and a rapid transition to streaming video. An audience hungry to engage. There are many trends converging in the coronavirus era that could spur lasting change in the entertainment industry. Today we held our third 'strategy session' to discuss what creators, viewers and industry leaders are seeing. You can watch it below or read our summary.
We'll hold another virtual roundtable next Tuesday. On Thursday, we'll hold our first-ever virtual pitch showcase featuring Southern California startups seeking funding. Serial entrepreneur Spencer Rascoff (our co-founder) and Techstars LA's Anna Barber will serve as judges. Register your company here.
On Tuesday, we held an online discussion with Jukin Media CEO Jon Skogmo and writer-actress Alyssa Limperis about trends that could change Hollywood. Demand for UGC is up as audiences are ordered to stay indoors. Creators are looking to user-created material as filming and events are shut down. Audiences and entertainers are hungry to connect online, and to engage with each other in an authentic way. Watch the discussion and read our takeaways here >>
Netflix, YouTube, Amazon and Hulu still make up the bulk of streaming services, but new data from Nielsen show that YouTube, Amazon and services such as Disney Plus and Apple TV Plus are gaining steam. Also in our coronavirus updates, L.A.-based Cedars-Sinai says it is joining the effort to test the drug remdesivir for treating COVID-19, Read more updates >>
Lucas Dickey, the chief product officer and co-founder of the millennial-focused furniture rental service, talks about running a customer-oriented startup in this new pandemic era. He's looking after the company's balance sheet, keeping customers holed-up at home happy, and employees: "Fifty percent of my mental space is thinking about the Fernish team." Read more >>
We are so excited to host our first virtual pitch showcase on Thursday, April 9th. Submissions are open for company nominations to present at the live event. We are looking for Southern California startups in any industry — but particularly companies that can have a positive impact on the current COVID-19 pandemic. Submissions will be evaluated on a rolling basis. We'll let you know if you're chosen to pitch your startup. Nominate your company here >>