Los Angeles Business Journal

LA TRAVEL LEISURE

Recent and archived news stories on: Airports, Cruises, Entertainment, Hotels, Gaming, Restaurants, Sports, Sightseeing, Theme Parks...
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ABC's 'American Crime’ Moves Production to Los Angeles

The critically-acclaimed TV series “American Crime” is moving its third season of production to Los Angeles, thanks to an expanded tax credit program offered by the California Film Commission.

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Univision Launches New Unit Making Multicultural Projects, Signs HBO Deal

Univision Communications Inc. has launched a new Los Angeles unit to create multi-cultural projects. Story House will develop and produce content in both English and Spanish for various Univision channels and other networks.

Redstone Competency Case Dismissed; New Suit Filed Against Daughter

A Los Angeles judge has dismissed the lawsuit challenging the mental competency of Viacom and CBS Corp. controlling shareholder Sumner Redstone filed by his former live-in girlfriend.

USC Hires Lynn Swann as Athletic Director

Former USC football star Lynn Swann was named as the school’s next athletic director on Wednesday.

Batman v Superman Makes Time Warner Stocks Soar

Time Warner Inc.’s stock price rose nearly 4 percent Monday in the wake of a massive $170 million opening weekend for Batman v Superman: Dawn of Justice.

The ‘Bunny’ Hunt is On: Playboy Considers Sale

Legendary men’s magazine publisher Playboy Enterprises Inc. of Beverly Hills is exploring a sale of the company, reportedly seeking more than $500 million.

WME IMG Gets $250 Million Investment from Softbank

Beverly Hills talent agency WME IMG has received a $250 million investment from Japanese finance and telecom giant SoftBank.

RealD Finalizes $551 Million Buyout

Private equity firm Rizvi Traverse Management has completed its $551 million acquisition of RealD Inc. of Beverly Hills, a maker of 3-D cameras and glasses for the movie industry.

Judge Dismisses Donald Sterling’s Case Against Wife, NBA

A federal judge dismissed Tuesday a lawsuit filed by former Los Angeles Clippers owner Donald Sterling alleging his wife, the National Basketball Association and several other actors colluded to sell the team for $2 billion without his permission.

PR Veteran Carl Terzian Dies

Carl Terzian, founder and chairman of Westwood public relations firm Carl Terzian Associates, died Saturday.

Regal Cinemas’ L.A. Live Complex Gets Cutting-Edge Revamp

Anschutz Entertainment Group and Regal Cinemas have partnered with Belgian digital projector manufacturer Barco to transform the existing Regal Cinemas at L.A. Live into a cutting-edge technological facility.

Digital First Media Set To Acquire Freedom Communications

A federal judge has approved the sale of Orange County Register parent company Freedom Communications Inc. of Santa Ana to Digital First Media, which owns the Los Angeles Daily News, among other newspapers.

Justice Opposes Tribune's Bid for Freedom

Tribune Publishing, owner of the Los Angeles Times and other newspapers, walked away from a heated auction session as the winning bidder of Freedom Communications, the parent company of the Orange County Register and the Riverside Press-Enterprise. Tribune offered $56 million cash for the papers.

What To Watch This Weekend

Our business take on this weekend’s new movie releases

Department of Justice Questions Tribune’s Bid For ‘Freedom’

Tribune Publishing, owner of the Los Angeles Times and other newspapers, walked away from a heated auction session as the winning bidder of Freedom Communications, parent company of the Orange County Register and the Press-Enterprise with a $56 million cash bid.