Los Angeles Business Journal


All Love for Evolve Media Acquisition

Evolve Media, a Ladera Heights digital media publisher, has acquired lesbian lifestyle site AfterEllen.com from Viacom Inc.

SGN and Fox Launch ‘Book of Life’ Game

Social Gaming Network and Fox Digital Entertainment have partnered to simultaneously launch a gaming experience with the studio’s upcoming animated film “Book of Life.”

BloomNation Grows $5.6 Million Series A Round

BloomNation.com has raised $5.6 million in Series A funding, money that will go toward expanding its team and further developing its online marketplace for florists.

Bluebeam Acquired for $100 Million

Bluebeam Software Inc., a PDF solutions provider for the architecture, engineering and construction industries, has been acquired by Nemetschek Group for $100 million.

Oaktree Taps First Chief Executive

Jay Wintrob will take over as chief executive of downtown Los Angeles investment management firm Oaktree Capital Group next month, the firm announced Monday.

Surf Air Expands to Carlsbad and Oakland

Private membership airline Surf Air announced Monday that it will expand its service both north and south of Los Angeles – to Carlsbad in November and to Oakland in December.

Walt Disney to Rescue Euro Disney with $1.25 Billion Infusion

Walt Disney Co. announced Monday a proposed $1.25 billion investment in its struggling Euro Disney operation and the Disneyland Paris theme park.

Playboy Latino to Launch in December

Playboy Enterprises of Beverly Hills announced on Monday it has reached a deal with a Los Angeles publishing house to produce Playboy Latino, a bimonthly magazine that will be written primarily in Spanish.

Stocks Fall

The Dow Jones industrial average fell 18 points in Monday trading to close at 16,992. The S&P 500 fell three points to 1,965. The Nasdaq fell 21 points to 4,455. The LABJ Stock Index fell one point to 200.

L.A. County Has Most High Tech Jobs in Country

Los Angeles has more high-tech jobs than any other metro region in the country, including its northern neighbors in Silicon Valley, according to a report released Monday.

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Chat Site Found Voice in Video

Internet: Streamup rebranded as broadcaster to draw audience.

Internet: Former chat site Streamup now speaks to more users as a video-broadcasting platform.

Shopping Center Renovates to Sell Locals on Appeal

The Hollywood & Highland shopping and entertainment complex is a popular stop for tourists, but ever since opening in 2001 it has struggled to attract locals.

Kite Pharma, RealD Among Week’s Big Movers

The Los Angeles Business Journal’s index of the largest public companies rose for the week.

Indian Actions Have Water-Free Firm Flush With Anger

Indian officials have ordered the removal of more than 800 waterless urinals in Delhi, and the chief executive of the Los Angeles company that produces the equipment isn’t happy about it.

Stocks Up

The Dow Jones industrial average rose 209 points in Friday trading to 17,009. The S&P 500 rose 22 points to 1,968. The Nasdaq rose 45 points to 4,476. The LABJ stock index rose three points to 201.

Dune Capital’s Mnuchin Buys Stake in Relativity, Becomes Co-Chairman

Relativity Media, the Beverly Hills film and entertainment company led by Ryan Kavanaugh, announced Thursday that Kavanaugh, Dune Capital Partners and Dune Capital founder Steven Mnuchin have agreed to buy out much of Elliott Management’s stake in the studio.

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Yahoo Reported Eying Stake in Snapchat

Seems like Yahoo’s $5 billion in Alibaba money is already on the move.

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L.A. Launch List: Oct. 3

The Los Angeles Business Journal brings you a weekly roundup of L.A. launches. On this week's Launch List: Serviz, JibJab Messages and more.

Internships.com Acquired by Chegg

Internships.com, an online student internship marketplace, has been purchased by student learning platform Chegg for $11 million in a cash-and-stock deal.

Disney Chief Accepts Contract Extension

Walt Disney Co. Chief Executive Robert Iger accepted on Thursday a two-year contract extension through June 2018.