LA BUSINESS JOURNAL DAILY NEWS
Google buys Orbitera for reported $100 million, Hulu ends free viewing, shows based on 'The Voice,' 'SNL' coming to Snapchat, and more.
In a move to align itself with its paid-subscription rivals, such as Netflix and Amazon Prime, television-streaming service Hulu of Santa Monica has ended its free-to-view streaming service.
At a company where ‘magic’ reigns supreme, some of Walt Disney Co.’s most valuable employees may have just received pink slips.
Facebook launches Snapchat-like camera, Wave VR raises to $2.5 million, Disney Channel launches short-form movies online, and more.
Monrovia-based surgical company STAAR Surgical was this week’s biggest mover, gaining 24 percent to end at $8.48. PennyMac loan services of Westlake Village was also among the week’s movers. The financial services company gained 21 percent to end at $15.26. Los Angeles-based online advertising technology firm Rubicon Project was this week’s biggest loser, dropping 31 percent to end at $9.69.
A look at the plots of this weekend's big new movie releases from a business perspective.
The Los Angeles County Museum of Art (LACMA) launched a new website on Thursday in an effort to publicly chronicle the upcoming $600 million makeover of the Wilshire Boulevard museum. The launch of BuildingLACMA.com also marked the start of the public review portion of the project, as L.A. County moves forward with a draft Environmental Impact Report preceding construction.
REAL ESTATE: Developers tap hipster haven for projects.
Developers hope downtown’s blossoming Arts District works as a home for office properties.
It’s all well and good to think outside the box, but when your box becomes a neighborhood blight it’s time to get conventional.
Union officials for local grocery workers announced Thursday afternoon that they had reached a tentative contract deal with Ralphs, Vons and Albertson’s supermarkets, likely averting a strike that could have begun next week. The deal is subject to a vote of rank-and-file union workers on Monday.
Disney launches kid-safe messaging app, advertisers warming up to Snapchat, and Gwyneth Paltrow and Will.i.am join Apple's TV Show.
Viacom Inc.’s Paramount Pictures-led film division helped the embattled company beat analyst expectations for its fiscal third quarter, the company announced Thursday. Quarterly revenues of $3.11 billion, up 1.6 percent from last year, beat Wall Street’s expected $3.01 billion.
Across from the acclaimed Melisse restaurant on Wilshire Boulevard in Santa Monica, a 23,500-square-foot property just traded hands for $16 million, or about $680 a square foot.
Sensay raises $4.5 million, Time Warner purchases 10 percent of Hulu, Machinima coming to Amazon Prime, and more.
In its first earnings call since launching as tronc the rebranded Chicago owner of the Los Angeles Times reported a nearly 20 percent jump in second-quarter net income on Wednesday, with expansive cost-cutting efforts to thank as the media giant looks to its digital future.
BNSF Railway Co. said yesterday it will appeal a judge’s decision against the company’s $500 million project to expand a rail yard at the Port of Los Angeles.
The U.S. Environmental Protection Agency on Wednesday announced settlements with two Southern California facilities for improper handling of hazardous waste.
Instagram copies Snapchat Stories, RealD signs deal with China’s Wanda Cinema Line, Funny or Die cuts impact nearly a third of staff, and more.
Oprah Winfrey’s upcoming Disney film is among the 28 beneficiaries named in the latest round of California’s Film and Television tax credits, which were announced Tuesday by the California Film Commission.
Comedy website Funny Or Die is laying off 37 of its staffers and closing its San Mateo office as it refocuses its resources on creating content.