Los Angeles Business Journal


Recent and archived news stories on: Airports, Cruises, Entertainment, Hotels, Gaming, Restaurants, Sports, Sightseeing, Theme Parks...

Disney Invests $250 Million in Sports Gambling Site

Walt Disney Co. is getting into the sports-betting business with a $250 million investment in Boston startup DraftKings Inc., according to media reports on Friday.

SBE Heads to Mexico as Nazarian Returns

Days after Sam Nazarian’s return to SBE Entertainment Group, the company announced that it will be expanding into Mexico.

Legendary Entertainment Seeking $700 Million Refinancing

Independent production company Legendary Entertainment is seeking $700 million to strengthen its film financing business, according to media reports on Thursday.

Poll: Would you be more interested in boxing if matches were shorter, or resulted in more knockouts?

Every week the Los Angeles Business Journal asks readers their views on a variety of business and economic issues. A running tally is available on the site and later will be published in the Commentary section of our print edition. Our latest poll is available on the bottom right column of our home page.

DreamWorks Scores at Box Office

DreamWorks Animation SKG Inc. scored big over the weekend with its latest release “Home” bringing in $54 million in domestic box office revenue.

More Cargo, Passengers at LAX

February was another strong month for air cargo at Los Angeles International Airport, as importers and exporters took to the skies to avoid West Coast ports that, until late last month, were tied up by a labor dispute.

Technicolor Will Close Burbank Office

Technicolor USA Inc. is closing a digital media services facility in Burbank that it opened just last year with expectations that it would employ some 250 workers.

Delay Expected for Comcast, Time Warner Cable Deal

Comcast Corp.’s planned $45 billion purchase of Time Warner Cable Inc. has run into a snag in the form of a lengthy regulatory review that is expected to delay the deal.

Supreme Court Will Hear DirecTV Arbitration Appeal

The U.S. Supreme Court has announced it will hear DirecTV’s appeal regarding the company’s assertion that customer disagreements should be resolved through private arbitration rather than in court.

Qatar Airways to Start LAX Cargo Flights

Qatar Airways will begin transporting freight through Los Angeles International Airport next month with two weekly flights to and from the Middle Eastern country, executives said Tuesday.

DreamWorks Glendale Campus on Market Again

The Glendale campus of DreamWorks Animation SKG Inc. has been put on the market just two weeks after being sold for $185 million to the investment arm of SunTrust Banks Inc., an Atlanta bank holding company.

Disney Announces ‘Frozen 2’

The Walt Disney Co. has announced a sequel to “Frozen,” the film which reinvigorated its animation business.

DreamWorks Will Produce Verizon Mobile Content

The YouTube networks of DreamWorks Animation SKG Inc. will produce 200 hours of original programming for mobile streaming to customers of Verizon Communications, the companies announced Wednesday.

Palos Verdes Links to Host PGA Grand Slam

The PGA of America will be bringing golf’s major champions to Los Angeles this year.

Lions Gate’s Codeblack Goes Global

Lions Gate Entertainment Corp.’s Codeblack Films has struck a key output deal to advance its mission to provide the global black community with quality African-American entertainment content.