Los Angeles Business Journal


Silicon Beach Report Oct. 10: Upfront Launches $40 Million Ancillary Fund

Upfront launches $40 Million ancillary fund, Disney builds one-legged robot, and La Kretz innovation campus opens.

Five New Industrial Buildings in El Monte on the Market

Five new industrial buildings totaling 501,270 square feet are now in the market in El Monte, giving the San Gabriel Valley city its first new industrial sites in about eight years.

Opponents Kick Off Campaign Against Initiative to Rein in Mega Developments

Representatives from business, affordable housing and labor groups officially launched their campaign Monday against an initiative on the March Los Angeles city ballot measure that would place a two-year moratorium on major development projects and place permanent restrictions on mega-developments.

Warner Music Group Inks Ford Factory Lease

Warner Music Group Corp. signed a long-term lease for the full Ford Factory in downtown’s Arts District, the company reported in a Securities and Exchange Commission filing on Friday.

Silicon Beach Report Oct. 7: Techstars Launches Music Accelerator

Techstars launches music accelerator, Rinse buys Washio’s assets, and Snapchat hires New York Post president for content team.

Movers for Week Ending October 7, 2016

Century City-based pharmaceuticals company Ritter Pharmaceuticals Inc.was this week’s biggest mover, gaining 17 percent to end at $1.97. Big 5 Sporting Goods Corp. was also among the week’s movers. The El Segundo-based sporting goods retailer gained 16 percent to end at $15.74. Patent acquisition company Marathon Patent Group was this week’s biggest loser, dropping 14 percent to end at $2.42.

Rand Corp. Locks Down $495M Deal on Homeland Security

Rand Corp. landed one of the biggest government contracts in its nearly 70-year history last week, a five-year deal worth as much as $495 million to set up a policy analysis center for the U.S. Department of Homeland Security.

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USC Named Media Center for Prospective Olympic Games

The committee to bring the Olympic Games back to LA in 2024 submitted a key report to the International Olympic Committee on Friday, outlining the city’s master plan and “ideal conditions” to accommodate an influx of athletes, spectators and reporters.

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Advertising Agency Supermoon Starts Fresh Mission

ADVERTISING: New name, execs help guide Supermoon.

Veteran agency hits the trail for campaigns with a new name and executive leadership.

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Think Tank Rand Corp. Locks Down $495 Million Deal on Homeland Security

Deals of the Week: A look at the companies that signed on the dotted line last week

Rand Corp. landed one of the biggest government contracts in its nearly 70-year history last week, a five-year deal worth as much as $495 million to set up a policy analysis center for the U.S. Department of Homeland Security.

Silicon Beach Reporter Oct. 6: Snapchat Reportedly Preparing for $25B IPO

Snapchat reportedly preparing for $25 billion initial public offering, Reaction Commerce raises $2.7 million, Rubicon Project hires Google executive as chief product officer, and more.

L.A. Fast Casual Restaurant Greenleaf Gourmet Chopshop Growing

L.A. fast casual salad restaurant Greenleaf Gourmet Chopshop is growing.

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Snapchat Reportedly Preparing for $25B IPO

Snap Inc. is reportedly preparing for a $25 billion initial public offering of its stock this March.

Screenwriter Michael Elliot Starts Nail Salon for Men

Dudes across the country will now have their very own man cave-like space to get a manicure and pedicure.

Silicon Beach Report Oct. 5: Boeing Vows to Beat SpaceX to Mars

DogVacay expects profitability next year, Boeing vows to beat SpaceX to Mars, and Honest Co. allegedly makes it difficult to cancel subscriptions.

Tribune Media Plans Downtown Condo Tower

Tribune Media is aiming to build a 30-story condominium tower next to the Los Angeles Times building in downtown.

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Spruce Goose Hangar Leased by Google Soars Into Market

The former Spruce Goose hangar in Playa Vista is up for sale, along with the opportunity to claim Google Inc. as a tenant just as the technology giant is planning to expand its office space within the massive wooden shell designed by aviator Howard Hughes.

Silicon Beach Report Oct. 4: Fisker Relaunches His Electric Car Brand

Fisker relaunches his electric car brand, Disney rumored to be looking at Netflix acquisition, MTV to make shows for Snapchat, and more.

Russian Firm CJSC S7 Group’s Bid for Rocket Launcher Comes Under Fire

Russian private aviation holding company CJSC S7 Group’s purchase of Sea Launch, a rocket launch company that operates out of the Port of Long Beach, is making waves in the Southern California aerospace industry, with a legal challenge by the Boeing Co. and concerns about the Russian company’s involvement.

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Fisker Relaunches His Electric Car Brand

Famed car designer Henrik Fisker has launched a new electric car company named Fisker Inc. in Los Angeles.