Manatt, Phelps & Phillips has launched a division to counsel clients on business opportunities associated with digital media based in Los Angeles’ "Silicon Beach." Moreover, the firm has hired an entrepreneur to run its own venture capital fund, which will invest in emerging technology companies.
Manatt last week announced the new venture, Manatt Digital Media, and the hiring of Peter Csathy as chief executive officer of Manatt Digital Media Ventures. Csathy most recently was chief executive of online video firm Sorenson Media, where he remains a board member.
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