Los Angeles Business Journal

LA TRAVEL LEISURE

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

Villaraigosa Won’t Wait for AEG

Reacting to Philip Anschutz’s decision to not sell AEG, L.A. Mayor Antonio Villaraigosa late Thursday said he wouldn’t wait on the sports and entertainment giant as a partner in modernizing the city’s Convention Center.

Report: Koch Brothers Eye L.A. Times

Billionaire brothers Charles and David Koch are considering a bid for the Los Angeles Times, according to a report Tuesday by L.A. Weekly.

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Fresh Script

Talent agency CAA tries role of tech startup investor

Hollywood talent agencies look to cast themselves in a new role: tech investors.

Radio-Website Firm’s Debt Plan Could Pay Off

MEDIA: Salem shares rise 11 percent as investors hold out hopes for dividend.

Investors want to be left with a big dividend as conservative radio station and website operator Salem retools its debt.

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Not All Campaign Ad Buys Translate for KMEX

TV: Station sees little spending from candidates despite leading ratings.

Spanish-language KMEX would like to channel more of mayoral candidates’ ad spending.

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YouTube Channel Pushes Play on Movie Project

FILM: AwesomenessTV looks to broaden reach with band documentary.

YouTube content is making the sizable jump to cable TV with greater frequency.

Content Partners Buys Stake in CSI

Long-running television franchise, “CSI” has a new owner: L.A. entertainment finance firm Content Partners LLC.

Disney Shareholders Reject Call to Split Executive Roles

Shareholders of Walt Disney Co. sided with management at the company’s annual meeting on Wednesday, nixing a proposal to separate the jobs of chief executive and chairman after Bob Iger retires in 2016.

NFL Rejects AEG Plan, Yahoo Reports

The National Football League has lost interest in the current plan to bring a team to downtown Los Angeles, Yahoo Sports reports.

British Airways to Fly A380s at LAX

The first British Airways Airbus A380 flights will come to LAX in mid-October. Travelers will be able to fly the double-decker planes on flights between Los Angeles and London Heathrow.

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New Jersey Raises Gaming Stakes

Gambling: Local businesses hope to split state’s online pot.

New Jersey’s approval of online gaming has strengthened the hands of several local businesses.

Report: Colony Finalist in AEG Bidding

Colony Capital LLC looks like the high bidder so far in the auction for Anschutz Entertainment Group, although sources say that no suitor so far has offered the minimum that the L.A. sports and entertainment giant’s owner had expected.

Variety to Halt Daily Print Publication

Struggling entertainment trade publication Variety is eliminating its daily print edition next month, dropping its paywall and overhauling its top editorial staff.

DreamWorks Moves to Loss

Glendale animation studio DreamWorks Animation SKG Inc. swung to a fourth quarter loss due to large write-downs related to its latest release, “Rise of the Guardians.”

Tribune Hires Bankers to Shop L.A. Times

Los Angeles Times parent Tribune Co. has hired advisors at JPMorgan Chase and Evercore Partners to market its newspaper properties, according to a news report.