Los Angeles Business Journal


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

Nonprofit Steps Up Historic Walks for Summer

TOURISM: Conservancy adds nighttime events to handle seasonal demand.

The Los Angeles Conservancy is trying to make it easier to explore L.A.’s architectural history on foot this summer.

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Disney Might Face Giant Letdown at Box Office

FILM: Steven Spielberg’s take on Roald Dahl tale ‘BFG’ has little buzz.

Walt Disney Co.’s new film “The BFG,” which stands for “Big Friendly Giant,” looks set for an unfriendly welcome at the box office.

NFL Team Easy to Score, Hard to Keep

The history of the Rams includes quite a few hometowns, points out Ted Lux.

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Newspaper Parent Hopes Changed Name Delivers

PUBLISHING: Switch by Tribune to Tronc raises some analysts’ eyebrows.

Los Angeles Times parent Tribune Publishing Co. officially will change its name to Tronc on June 20 and start trading on the Nasdaq that same day as “TRNC.”

Iceland-based Airline Wow Air Begins LAX Flights

Iceland-based airline carrier Wow Air began flying from Los Angeles International Airport on June 15, offering regular weekly services to Reykjavik, Iceland for $99.

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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.