Los Angeles Business Journal


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

Disney Combines Interactive, Consumer Products Divisions

Walt Disney Co. announced Monday it was combining its lagging Disney Interactive video game division with its highly profitable Disney Consumer Products division amid the conversion of digital technology and games.

Eisner Targets Syndicated TV

Media mogul Michael Eisner is launching a new venture focused on syndicated TV shows.

Trump Dumped by NBC

NBC has told Donald Trump, “You’re fired.”

Steady LAX Passenger Increases Continue in May

Passengers traveling through Los Angeles International Airport grew steadily again in May, according to figures released Friday.

Disney Mulls $1 Billion Disneyland Expansion

Walt Disney Co. is proposing a $1 billion expansion at its Disneyland theme park in Anaheim that would include new attractions, parking and other infrastructure improvements – and it wants a tax break in exchange.

Friday Rundown: Disney Settles ‘Frozen’ Suit, Soon-Shiong’s Conkwest Raises $71 Million

Walt Disney Co. has settled a lawsuit alleging copyright infringement involving the trailer for its 2013 animated hit “Frozen.”

Chernin Signs TV Deal with NBCUniversal

Media executive Peter Chernin’s TV operation is moving from Fox to NBCUniversal under a new two-year deal.

DreamWorks Animation Hires Awesome Film Exec

DreamWorks Animation’s AwesomenessTV online teen network has created a feature film division and picked a veteran entertainment industry executive to run it.

Disney Consolidates Lease for Office in Burbank

Walt Disney Co. has leased 110,000 square feet at Burbank’s Buena Vista Plaza in an 11-year deal valued at $51.5 million, according to a source familiar with the transaction.

Thursday Rundown: Music Center Names New CEO; H&M Opens in Long Beach; Ex-BP Exec Joins Teledyne Board

Rachel Moore, the chief executive of New York’s American Ballet Theatre has been named president and chief executive of the Music Center in downtown Los Angeles. Moore has helmed the ballet company since 2012 and also served as its executive director dating back to 2004.

Fraud Charges for Live Nation Subsidiary, Former Tyson Adviser

The former president of a Washington, D.C., subsidiary of Beverly Hills entertainment giant Live Nation Entertainment Inc. is facing fraud charges in connection with stealing from clients.

Tuesday Rundown: Burbank Airport to Sell 59 Acres; United’s LAX Flights Head to Newark; SolarCity to Open Atwater Village Ops Center

The Burbank Bob Hope Airport on Tuesday put a 59-acre parcel of airport-adjacent land on the market for commercial and office development.

‘Jurassic’ Makes Box Office Record

Dinosaurs ruled the weekend box office with “Jurassic World” from NBCUniversal Inc. bringing in more than $209 million to make it the highest-grossing domestic opening weekend ever.

Thursday Rundown: Medbox Raises $3.5 million; NHL Settles Antitrust Lawsuit

NHL Settles Antitrust Lawsuit The National Hockey League has settled an antitrust lawsuit in which fans accused the NHL of conspiring with El Segundo satellite TV giant DirecTV, as well as Comcast Corp. and Madison Square Garden Co., to illegally use blackouts to limit the broadcasting of games outside of teams’ home markets.

Disney May Lose $140 Million on 'Tomorrowland'

Walt Disney Co. may take up to a $140 million write down on its latest live-action release “Tomorrowland,” according to media reports on Wednesday.