32 posts and columns on Maker Studios
News ByteFormer News Corp digital head Jon Miller has joined Advancit Capital as a partner. Advancit is an early-stage investment firm that was started two years ago by Shari Redstone and Jason Ostheimer; Redstone is the daughter of Sumner Redstone, director at CBS and Viacom, and president of National Amusements. Advancit has made several dozen investments over two years, many in the online media and entertainment arenas, including Maker Studios, Oyster and Circa. In 2011, a regulatory filing noted that the venture firm had raised $3.2 million. Miller — who used to work at Viacom, where he met Redstone — is the first non-family partner at Advancit.
News ByteUpfront Ventures, it announced today. (The longtime Los Angeles-based venture capital firm was originally “Global Retail Partners.”) Upfront — whose recent investments include Maker Studios, DataSift and ZestFinance — is also moving to Santa Monica, and has raised a new $200 million fund.