LA Tech Updates: Jukin Media Gets a New Co-CEO; Snap Expands Developer Program

Tami Abdollah

Tami Abdollah was dot.LA's senior technology reporter. She was previously a national security and cybersecurity reporter for The Associated Press in Washington, D.C. She's been a reporter for the AP in Los Angeles, the Los Angeles Times and for L.A.'s NPR affiliate KPCC. Abdollah spent nearly a year in Iraq as a U.S. government contractor. A native Angeleno, she's traveled the world on $5 a day, taught trad climbing safety classes and is an avid mountaineer. Follow her on Twitter.

jukin media

Here are the latest updates on news affecting Los Angeles' startup and tech communities. Sign up for our newsletter and follow dot.LA on Twitter for more.

Today:

  • Jukin Media Promotes Lee Eisner to Co-CEO
  • Snap's Accelerator Program Expands with 'Yellow Collabs'

    Lee Essner, is co-chief executive officer of Jukin Media

    Jukin Media Promotes Lee Eisner to Co-CEO

    Jukin Media, a global entertainment company focused on user-generated content, has promoted its former president and chief operating officer, Lee Essner, to co-chief executive officer, the company announced Thursday.

    Essner will split the top title with Jonathan Skogmo, Jukin Media's founder. The company also announced the promotion of two other key executives on Thursday, including Anton Reut, who served as Jukin's former executive vice president and chief product officer and fills Essner's shoes as COO; and Civonne Ahal, who served as VP for rights management who will become a senior VP in that role.

    Essner began working with Jukin in 2013 and has helped the company grow from a 20-person startup solely at its headquarters in Los Angeles to more than 200 people at offices in L.A., New York, London and New Delhi, the company said in a news release.

    As co-CEO, Essner will continue overseeing Jukin's brand, sales, corporate business development, operations, legal and finance operations. Skogmo will oversee the company's licensing business, original productions, marketing, creative, development and culture.

    The company has fared well during the pandemic but recently said it needed to take Paycheck Protection Program funds to help save some jobs.

    Snap's Accelerator Program Expands with 'Yellow Collabs'

    Snap announced its taking applications for its remote, 13-week program aimed at companies and their developers. Dubbed Yellow Collabs, the program, which runs September 21 through December 18, lets developers work closely with the Snap team to better understand how to build on its platform. The deadline is for applications is August 16.

    Participants will get weekly office hours with Snap experts, as well as access to a monthly speaker series and other networking events. At the end of the program, each company will present their developed products in a showcase event.

    Two years ago, the Santa Monica-based social media startup introduced its Yellow Accelerator developer platform with the goal of filling "a need to support startups at the intersection of creativity and technology," Snap spokesperson Liz Goodno said.

    Over the past year, the launchpad provided support to 10 companies with an $150,000 investment in exchange for equity and led them through a three-month program offering funding, mentorship, commercial partnerships, networking events and office space. The Yellow Collabs program is an extension of this effort, allowing select companies who weren't selected for the full Accelerator Program to attend the trainings, Snap said.

    "While the first touch point with our community has been the Yellow Accelerator, our mission has evolved to build an ecosystem facilitating the connectivity between three main participants: Founders, Investors & Snap," Snap spokesperson Liz Goodno said. "Yellow Collabs focuses specifically on integration with Snapchat through our portfolio of developer tools, while widening the scope of companies (i.e. stage and size) we can engage with."

    Today, more than 800 apps have integrated into Snap's platform — and almost 150 million app users engage with these integrations each month.

    tami@dot.la

    Subscribe to our newsletter to catch every headline.

    Cadence

    Netflix Updated Its Culture Memo for the First Time in 5 Years to Address Censorship, Secrecy

    Kristin Snyder

    Kristin Snyder is an editorial intern for dot.la. She previously interned with Tiger Oak Media and led the arts section for UCLA's Daily Bruin.

    Netflix Updated Its Culture Memo for the First Time in 5 Years to Address Censorship, Secrecy
    Photo by Venti Views on Unsplash

    Netflix promised change after its poor first-quarter earnings. One of the first targets: the Netflix Culture document.

    The changes, which Variety reported on Thursday, indicate a new focus on fiscal responsibility and concern about censorship. While promises to support honest feedback and open decision-making remain, the memo’s first update in almost five years reveals that the days of lax spending are over. The newly added “artistic expression” section emphasizes Netflix’s refusal to censor its work and implores employees to support the platform’s content.

    Read more Show less

    ‘Raises’: Mahmee Secures $9.2M, Wave Financial Launches $60M Fund

    Decerry Donato

    Decerry Donato is dot.LA's Editorial Fellow. Prior to that, she was an editorial intern at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

    Raises
    Image by Joshua Letona
    In this week’s edition of “Raises”: It was another slow week on the deal front, but one maternal health startup, with a mission to fight maternal mortality, landed a deal with growth equity business Goldman Sachs. Meanwhile, a Los Angeles-based investment firm is launching its 8th digital asset fund of $60 million.
    Read more Show less
    RELATEDEDITOR'S PICKS
    LA TECH JOBS
    interchangeLA
    Trending