Moviefone, a brand once valued at nearly $400 million, has been sold to a TV producer for a tiny fraction of that amount — $1.075 million.

Los Angeles-based Cleveland O’Neal III, creator of the syndicated daytime TV series “Made in Hollywood,” on Wednesday announced his holding company Born in Cleveland is the new owner of Moviefone, the film listings service most recently owned by defunct service MoviePass’ parent company.

https://www.latimes.com/entertainment-arts/business/story/2020-03-25/moviefone-sale-seinfeld-oneal

It’s not every day that you get one degree of separation closer to Jerry Seinfeld but that’s just what happened to us at the CSUF Startup Incubator!

Congratulations are in order to Cleveland O’Neal III, an alumnus of our CSUF Startup Incubator and the President and CEO of Connection III Entertainment Corp, for his acquisition of Moviefone. When Cleveland told us about this news he said that his “CSUF Startup Incubator exploration has come full circle” and that his focus is now on integrating Moviefone’s assets into his growing media company empire.

We’re extremely proud of Cleveland’s accomplishments and are looking forward to seeing what he will accomplish in the future!

To read the whole story, please go here: https://www.latimes.com/entertainment-arts/business/story/2020-03-25/moviefone-sale-seinfeld-oneal

CSUF Entrepreneurship

We are dedicated to helping the next generation of entrepreneurs develop the skills that they need to compete locally and globally. The CSUF Entrepreneurship program does many things, including: consulting projects where students serve up fresh strategies to actual businesses, competitions for students from middle school to grad school, helping entrepreneurs go from concept to launch, frequent seminars and office hours for entrepreneurs and professionals, and much more. Interested in becoming a part of the CSUF Entrepreneurship community? Reach out to us at csufentrepreneurship@fullerton.edu for more information! CSUF Entrepreneurship depends on the support of the community, please go here to donate.

Published by CSUF Entrepreneurship

We teach, coach and lead the principled, cross-disciplinary practice of entrepreneurship. We believe that, through determined practice, leadership and team work, our students, faculty, clients, volunteers and alums can systematically recombine the new and the old to forge new ventures, create an entrepreneurial culture, and dramatically benefit our community.

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