William Morris Invests in Mobile Development Firm

Beverly Hills-based talent agency and entertainment giant William Morris Endeavor looks to be busy with investments this week. The firm as backed a mobile application development company, Chaotic Moon Studios, as part of a strategic partnership. Financial terms of the investment were not disclosed. Chaotic Moon Studios is based in Austin, TExas, and provides mobile development services to companies such as Fox, Pizza Hut, General Mills, Microsoft, Dell, CBS, and Disney. The investment is the second major investment in a company by WME so far this week; the firm was one of the investors announced yesterday for online, live education video entertainment site creativeLive. More information »