Saban Capital Creates New SoCal Media Fund

Los Angeles-based private investment firm Saban Capital Group said this morning that it has started a new digital media investment group, focused on investing in digital media firms. The company said that the new digital media investment division of the firm will be headed by Craig Cooper. Cooper was most recently a venture partner at VantagePoint Venture Partners and a partner in the SoftBank Capital Technology Fund. Cooper has served as director at PureVideo networks, AmpTech Design, Thumbplay, YouMail, and EBT Mobile Cina PLC.