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Film distributor Millennium Entertainment has been sold in a management buyout, according to a report in Deadline Hollywood.
Daily Journal Corp. swung to a loss in the nine months ended June 30 despite an increase in revenue, the company announced Monday.
California lawmakers on Thursday advanced a bill to combat runaway production by expanding the state's film and TV tax credit.
Walt Disney Co. is selling off 23 of its Radio Disney stations and laying off about 200 employees as it moves to digital distribution of its radio content, according to media reports on Wednesday.
Los Angeles International Airport had strong passenger growth during the first half of the year, according to numbers released Tuesday by the city agency that runs LAX.
The sale of the Los Angeles Clippers to former Microsoft chief executive Steve Ballmer has closed, the National Basketball Association announced Tuesday.
George Nicholaw, longtime general manager at news radio station KNX-AM (1070), has died. He was 86.
Former Los Angeles deputy mayor Austin Beutner was named publisher and chief executive of the Los Angeles Times Media Group, the Times announced Monday.
Santa Monica digital media company Demand Media announced Monday that it bought online art gallery Saatchi Art for $17 million in cash and stock. Demand also hired Saatchi Chief Executive Sean Moriarty for the same position at Demand.
Santa Monica startup airline Surf Air has announced big expansion plans, including the addition of as 15 new planes to its fleet and as many as 13 new destinations.
Formosa Group, a West Hollywood post-production company specializing in sound work, announced Wednesday it will expand to the Santa Monica facility previously occupied by Pacific Ocean Post.
21st Century Fox on Tuesday formally withdrew its offer to acquire Time Warner Inc., parent of Warner Bros. Entertainment in Burbank.
The World Cup soccer games gave a kick to Walt Disney Co. earnings in the second quarter as results outperformed analyst estimates.
Princess Cruises will add a third ship to its Royal Princess fleet, a 3,560-passenger vessel that will cost about $800 million, the Santa Clarita company announced on Wednesday.
Weak box office results for “How to Train Your Dragon 2” put a drag on DreamWorks Animation SKG Inc. second quarter earnings, which failed to match analysts’ expectations.