Los Angeles Business Journal


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

L.A. Awarded New MLS Team

Los Angeles will have two professional soccer teams again in 2017. Only three days after Chivas USA shut down, Major League Soccer announced that a new team had been awarded to an ownership group led by venture capitalist Henry Nguyen, Los Angeles Dodgers co-owner Peter Guber and former NBA executive Tom Penn.

Poll: With the start of the basketball season, which team are you more likely to watch?

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.

Would-Be Buyer Wants Response From RealD

The New York investment firm that offered to buy RealD earlier this month wrote a letter to RealD’s board on Wednesday expressing displeasure that it had not received a response to the offer.

With ‘Dragon 2’ Success, DreamWorks Beat Estimates

DreamWorks Animation SKG Inc. posted solid numbers in the third quarter helped by box office profits from the summer release “How to Train Your Dragon 2.”

Saban, Columbus, Barnathan, Zag to Open ZAG Animation Studios

A new joint venture among high-profile entertainment industry professionals will operate a studio in Glendale to produce animated and hybrid animated-live action feature films.

Judge Tosses Dictator Noriega’s Lawsuit

A Los Angeles judge has thrown out former Nicaraguan dictator Manuel Noriega’s lawsuit against Santa Monica’s Activision Blizzard Inc. for using his likeness in its Call of Duty video game without permission.

Tease photo

Work/Life Balance: Karen Murphy O'Brien

Chief Executive of Murphy O’Brien Public Relations on her morning routine, her son’s nascent hip-hop career and working with her husband.

Karen Murphy O’Brien co-founded Murphy O'Brien Public Relations 25 years ago with her husband, Brett O'Brien. The company has since grown to 50 employees working at its West Los Angeles office in the Roll Global Building. It services more than 80 clients, including Peninsula Hotels and The Cheesecake Factory. On a daily basis, O'Brien shuffles between meetings with the company’s management team, has lunch with clients and media influencers, reviews client strategy plans and attends new business presentations. In addition, she works for several charities and serves as a board member of Chrysalis, an organization that helps low-income and homeless Angelenos find and keep jobs. We spoke with Murphy O’Brien about how she juggles it all.

TV Production Continues to Grow, Film Production Suffers

On-location television production continued to show strong growth in the third quarter but feature film production continued to decline, according to figures released by FilmL.A. on Tuesday.

Art of the Deal: CAA Trades Majority Stake

Creative Artists Agency announced Monday that minority owner TPG Capital of Fort Worth, Texas, had agreed to increase its investment in CAA to a majority position.

Lions Gate, Tribeca to Offer On-Demand Service

Santa Monica independent studio Lions Gate Entertainment Corp. and New York media company Tribeca Enterprises will partner on a new digital subscription video-on-demand service, the companies announced Monday.

L.A. Times Brings Back ‘California’

The Los Angeles Times is bringing back its California section after a five-year hiatus, the Times announced Monday.

L.A. Times Launches Roku Channel

The Los Angeles Times on Thursday launched an Internet-TV channel available on Roku set-top boxes.

Warner Bros. to Slash Budget by $200 Million

Warner Bros. Entertainment will cut about $200 million from its budget, its chief executive said Wednesday to investors.

Warner Bros. Joins Group to Invest in Chinese Entertainment

Warner Bros. Entertainment announced on Tuesday that it is creating a partnership to make investments in Chinese and other international film and television content.

Universal Plans Beijing Theme Park

Universal Studios announced on Monday plans for a theme park in suburban Beijing that will open in 2019.