More Screen Time? OK Play Says It's a Kids App Parents Won't Feel Guilty About

Rachel Uranga

Rachel Uranga is dot.LA's Managing Editor, News. She is a former Mexico-based market correspondent at Reuters and has worked for several Southern California news outlets, including the Los Angeles Business Journal and the Los Angeles Daily News. She has covered everything from IPOs to immigration. Uranga is a graduate of the Columbia School of Journalism and California State University Northridge. A Los Angeles native, she lives with her husband, son and their felines.

More Screen Time? OK Play Says It's a Kids App Parents Won't Feel Guilty About

Mr. Rogers made the boob tube acceptable television for a generation of kids and parents who had previously seen the small screen as antithetical to learning. Chris Ovitz wants do the same for his new mobile app OK Play, another in a recent blitz of edutainment products for children.

But this one, Ovitz said he has a twist: It's also made for parents. OK Play asks them to put their phones down and play with their young children.


"The way Mr. Rogers used the TV to reach so many families and talk about emotions — especially the hard ones — I think we can do something similar with the mobile device," said Ovitz, a founder and president of OK Play. "We can use that to create more connection between parents and children."

The company, which has already raised $11 million, launched its signature product on Thursday. It's backed by Obvious Ventures, Forerunner Ventures, Greycroft, but also the venture arms of the companies behind Sesame Street and Lego.

And if that sounds like a lot of cash for an app, it is. Ovitz, an entrepreneur who co-founded WorkPop and Viddy, said what he is actually creating is "a media company."

If his name sounds familiar it's because Ovitz is the son of the former Disney president and powerhouse behind CAA, Michael Ovitz, who also is an investor in the company. Ovitz grew up watching his powerful father create blockbusters and saw how they can stimulate the popular imagination and catapult an already successful company further.

The younger Ovitz is now the father of a four-year-old and said he had once carefully restricted his own son's screen time. But, he said, he wants to use the power of storytelling to draw in children. His vision was inspired by the documentary on Mr. Rogers, "Won't You Be My Neighbor."

"My first phone call was to JJ, who's the biggest empath," Ovitz said. OK Company CEO JJ Aguhob was a product and design consultant for Headspace and Musical.ly (now owned by TikTok's parent company ByteDance). "I was like, 'You got to watch'."

The two began plotting out their path and brought on several other co-founders including Colleen Russo Johnson, a developmental psychologist with an expertise in children's media and technology who is the company's chief scientist. Much of her work showed that screen time wasn't always bad, if parents helped guide children.

What the team designed was an interactive application populated by a cast of recurring characters: Mapa and her friends.

The characters are each designed for a different type of play. Jicama, the artist, is all things creative. Kim and Tim, workout enthusiasts, are all things active.

A premium version of the app costs $9.99 a month or $59.99 a year.

Each day, parents will find a fresh batch of activities to engage in with their kids. While doing so, they are encouraged to create special "moments," so kids can record, for example, how they feel one day - angry or sad.

Those 'memories' can then later be tapped and used to motivate parents to keep using the application. Another section of the app guides parents through the developmental framework.

"Our goal is to get kids and parents playing together, spending quality time and, through that, growing their social and emotional skills, which are extremely important for young children to focus on," said Russo Johnson.

Founding team JJ Aguhob, Chris Ovtiz, Dr. Colleen Russo Johnson, Ken Chung and Travis Chen

Originally, OK Company planned to launch their app later this year, but the pandemic left so many families stuck at home searching for child activities that it accelerated the timeline for their launch.

"We really want to try and help strip away the stress and pressures on parents, remind them that it's okay to just be wherever they are," she said.

The company will compete in an increasingly crowded multi-billion-dollar edutainment marketplace, but their ambitions are to transcend it.

"I think the overarching dream for us is to build that once-in-a-generation children's entertainment and technology company, but we can't get there until we really start to build this," said OK Company CEO Aguhob.

"We are at the starting line," he said, noting there is room to grow eventually adding books, toys and other physical merchandise that traditional media franchises have used to expand their reach.

"We're not just going to make traditional entertainment because it's the thing that you do," he said "We're going to create a new interactive experience that brings families together. And from that, the media is going to look different."

Do you have a story that needs to be told? My DMs are open on Twitter @racheluranga. You can also email me.

**An earlier version misidentified Michael Ovitz's title.


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🎬 Paramount and Skydance Are Back On
Image Source: Paramount

Happy Friday Los Angeles! Hope you all had a fantastic Fourth!!

🔦 Spotlight

Paramount and Skydance Media have rekindled talks to merge after negotiations abruptly halted in June. The proposed deal, contingent on approval from Paramount’s board, aims to combine Paramount’s extensive media holdings—including CBS, MTV, and Nickelodeon—with Skydance’s film expertise showcased in hits like "Top Gun: Maverick." This merger signals a potential transformation in the media landscape, positioning the new entity to compete more effectively amid challenges from streaming services and the decline of traditional cable TV.

Led by Shari Redstone, Paramount’s controlling shareholder via National Amusements, the deal represents a pivot towards revitalizing Paramount’s strategic direction amidst financial struggles and shareholder concerns. The involvement of major investors like RedBird Capital Partners and David Ellison underscores the financial backing aimed at stabilizing Paramount’s operations and addressing its $14 billion debt burden. Importantly, the agreement includes provisions to protect National Amusements from potential legal challenges, addressing previous hurdles that stalled earlier negotiations.

The deal also includes a 45-day period for Paramount to explore alternative offers, highlighting continued interest from other potential buyers like Barry Diller’s IAC and media executive Edgar Bronfman Jr. This flurry of activity underscores the significant stakeholders’ interest in Paramount’s future and its potential as a key player in a rapidly evolving media industry.


🤝 Venture Deals

LA Companies

  • Sidecar Health, a startup that offers personalized health insurance plans to businesses that allow members to see any doctor and pay directly at the time of service, raised a $165M Series D led by Koch Disruptive Technologies. - learn more

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😊🚘 Rivian's $5 Billion Lifeline

🔦 Spotlight

Volkswagen announced on Tuesday a significant investment of up to $5 billion in Rivian, a struggling electric truck manufacturer known for its vehicles' distinctive smiley-face design reminiscent of Volkswagen's iconic Beetle. This partnership marks a unique collaboration between the world's second-largest automaker and a startup grappling with profitability challenges akin to those faced by Tesla. Volkswagen's infusion of $1 billion initially, potentially rising to $5 billion pending regulatory approval, underscores its strategic pivot towards enhancing its electric vehicle (EV) software capabilities, an area where analysts believe the company has lagged.

For Rivian, which has received acclaim for its electric trucks and SUVs but struggles with production ramp-up and financial losses, the investment offers crucial financial backing. The company plans to utilize Volkswagen's expertise in manufacturing, leveraging the German automaker's annual production of nearly 10 million vehicles. This alliance aims to bolster Rivian's efforts to launch new models like the R2 midsize SUV and complete its Georgia factory, paused earlier this year to conserve funds. Rivian's stock surged upwards of 40% following the announcement, reflecting investor optimism in the company's future prospects.

Despite their differing corporate cultures—Volkswagen's traditional, structured approach contrasted with Rivian's agile tech startup ethos—the CEOs of both companies expressed mutual admiration and shared goals during the partnership announcement. The collaboration is expected to yield EV software solutions benefiting Volkswagen's various brands, potentially including Audi and Porsche, while allowing Rivian to maintain its brand identity and separate vehicle marketing strategies. This strategic partnership between Volkswagen and Rivian not only promises to revolutionize the electric vehicle market but also highlights the potential for collaboration between established automakers and innovative startups in Southern California, where Rivian is based. Here’s to hoping these smiling cars will balance out some of the inevitable LA road rage.

🤝 Venture Deals

LA Companies

  • HeyGen, a startup that allows users to generate videos with AI-created avatars that can lip-sync to provided audio, making it easier for businesses to create engaging video content, raised a $60M Funding Round at a $500M post-money valuation. The deal was led by Benchmark, with Conviction, Thrive Capital, and Bond Capital also stepping up. - learn more
  • Pomerium, a startup that provides a secure access platform that dynamically verifies user identities to ensure authorized access to applications and services, raised a $13.8M Series A round led by Benchmark and including previous investors Bain Capital, Haystack, and SNR. - learn more
  • Etched, a maker of transformer-specialized AI chips, raised a $120M Funding Round. - learn more
  • Rocketlane, a customer onboarding platform, raised a $24M Series B co-led by 8VC, Matrix Partners India, and Nexus Venture Partners. - learn more
  • Sift, a developer of unified observability solutions for hardware sensor data, raised a $17.5M Series A led by GV. - learn more
  • LOST iN, a travel media brand, raised a $4M Seed Round led by MaC Venture Capital. - learn more

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