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GameFly Sells Cloud Streaming Tech, Team To Electronic Arts

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Los Angeles-based game streaming provider GameFly and Electronic Arts said Tuesday that Electronic Arts has acquired GameFly's cloud-streaming technology, but that GameFly will continue to operate its games-by-mail subscription service. Financial details of the acquisition were not announced.

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Fans.lu Ties With Game Development Organization

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Los Angeles-based Fans.lu , a developer of an e-commerce storefront to help game companies sell merchandise such as shirts, hats, posters, and more directly to their gamer fans, said over the weekend that it has partnered with the International Game Developers Association (IGDA).

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Gaikai Bolsters Exec Lineup

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Los Angeles-based cloud-based game streaming service Gaikai has bolstered its executive staff, saying today that it has named Robert Stevenson as Senior Vice President of Interactive Entertainment, and Tim Wilson as Executive Vice President, Strategic Relationships.

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Payoff.com Adds Resnick To Board

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Payoff.com , the online service which is using gamification to help consumers pay off credit cards and save for goals, said Monday that Pandemic Studios co-founder Josh Resnick has joined the company's board of directors. The Los Angeles company, which is run by Scott Saunders, said that Resnick is one of the company's seed investors.

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Gaikai In Licensing Deal With EA

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Los Angeles-based cloud-based videogame streaming firm Gaikai said Thursday that it has inked a multi-year, licensing deal with Electronic Arts. Gaikai said that EA is the first publisher to sign on for Gaikai's videogame streaming service. Financial details of the deal were not disclosed. READ MORE>>.

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Gaikai Names Strategy Head

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Los Angeles-based Gaikai , which develops a cloud-based, game streaming services, said today that it has named Nanea Reeves to the position of Chief Strategy Officer. Reeves joins the firm from Electronic Arts, where she was Senior Vice President/COO Global Online. She also served as SVP of JAMDAT Mobile.

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Loop Media Unveils Streaming Media Service, Backed By $10M In Funding

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A new, Burbank-based startup, Loop Media , said on Thursday afternoon that it has launched a new "short-form" streaming media service, which it says will feature music videos, film trailers, game trailers and TV clips. That funding came from angel investor Dianne Berry plus other private investors from California, Tennessee and Florida.

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