LA BUSINESS JOURNAL DAILY NEWS
Video monetization platform Zefr has acquired Engodo, a Utah ad tech firm, to help match brands with social media influencers.
Multichannel networks MiTú and Maker Studios are teaming up to offer a “total market solution” for brands to better understand how to target the U.S. Hispanic market.
Air quality concerns shut down the Port of Los Angeles and half of the Port of Long Beach today as firefighters continued to fight a wharf fire that ignited on Monday night.
The Hollywood Chamber of Commerce said on Tuesday that it supports the idea of raising the citywide minimum wage – but only if the Los Angeles City Council rejects a proposal to hike the minimum wage for hotel workers.
The Dow Jones industrial average fell 117 points in Tuesday trading to close at 17,056. The S&P 500 fell 12 points to 1,983. The Nasdaq fell 19 points to 4,509 The LABJ stock index fell two points to 201.
Hotel owners and local business groups heave threatened to sue the city of Los Angeles if the City Council tomorrow approves a proposed hotel minimum wage mandate.
British hospitality company InterContinental Hotels Group announced Tuesday that it would operate the hotel atop the $1.1 billion Wilshire Grand project in downtown Los Angeles.
Koreatown’s BBCN Bancorp Inc. announced Monday that it would be taking its business to Seoul, South Korea’s capital city. The company signed a memorandum of understanding with the city, affirming its plans to expand operations there and work to promote Seoul’s Yeouido International Financial District as an Asian financial hub.
UCLA is set to announce a not-for-profit company to guide startups spawned from university-sponsored research to help commercialize their tech for the marketplace.
StackSocial is easing off of its e-commerce site to double down on its native commerce publishing platform.
Otter Media’s deal for a controlling stake in Culver City MCN Fullscreen could set the stage for a showdown with competitor Walt Disney Co.-owned Maker Studios.
Shopzilla Inc., which helps online shoppers compare prices through its shopping sites, has rebranded as Connexity as it moves from helping consumers find great deals to providing tech marketing solutions for retailers and brands.
Beverly Hills’ Metro-Goldwyn-Mayer Studios announced on Monday it has acquired a 55 percent interest in One Three Media and LightWorkers Media, the production companies behind “Survivor” and History Channel miniseries “The Bible,” respectively.
Warner Bros. Entertainment announced on Monday a restructuring of the office handling the studio’s relations with trade unions and guilds.
CurbStand, maker of an app that lets drivers prepay for valet services, has secured $3 million to expand its executive staff and further develop its offering.
Amgen Inc. announced on Monday that it is seeking regulatory approval to sell a drug for treating a rare and particularly deadly form of leukemia.
The Dow Jones industrial average fell 107 points in Monday trading to close at 17,173. The S&P 500 fell 16 points to 1,994. The Nasdaq fell 52 points to close at 4,528. The LABJ Stock Index fell three points to 203.
Danny Zappin, co-founder and former chief executive of Maker Studios Inc., has cinched coveted creative space in Venice for a fledgling digital media studio.
Direct Lending Investments has said it will provide $73 million in small business loans through Realty Mogul’s peer-to-peer lending platform, which pools money from investors to crowdfund large real estate projects.
Internet: Fullscreen live show reels in marketers, screaming teens.
Fullscreen mounts a live production to help its YouTube stars show their stuff to marketers and fans.