Los Angeles Business Journal


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City Charges Music Manager in Talent Scam

Los Angeles is moving to crack down on talent scams against aspiring entertainers being charged outrageous amounts for Hollywood representation.

DreamWorks Lays Off 500, Top Execs Leave

Two top executives are leaving and 500 employees are being laid off at DreamWorks Animation SKG after yet another poor box office showing, the studio disclosed in a regulatory filing on Thursday.

Woven Digital Scores Dime Magazine

Online publisher Woven Digital of Culver City has acquired basketball news publication Dime Magazine to help expand the sports division of its biggest web property Uproxx.

Proud Bird at LAX Signs 20-Year Lease Extension

The historic Proud Bird restaurant at the Los Angeles International Airport, which had been rumored to be closing after failing to agree to a long-term lease with airport operator Los Angeles World Airports, isn’t taking off after all.

Location Filming in L.A. Rose 10 Percent Last Year

On-location filming in the Los Angeles area increased 9.6 percent last year with television dramas showing the biggest leap, according to a report released Tuesday by FilmL.A.

Burbank Airport Marriott Sells for More Than $100 Million

The Los Angeles Marriott Burbank Airport hotel, the second-largest in the Valley at 488 rooms, has changed hands for more than $100 million, the buyer announced on Monday.

L.A. Breaks Tourism Record in 2014

More than 43 million tourists visited Los Angeles County in 2014, the fourth year in a row the county has broken its tourism record, according to figures released Tuesday. Los Angeles International Airport is also expected to report record numbers for the prior year later this month.

Former Disney Exec to Lead KCET

A former Walt Disney Co. executive was named on Monday as chief executive of KCETLink Media Group, owner of independent public television station KCET.

DreamWorks Names New Animation Chiefs

The producers of two of the most successful film franchises at DreamWorks Animation SKG Inc. have been named as co-presidents of feature animation, replacing the former animation chief at the Glendale studio, which has suffered poor box-office results.

Warner Bros. International Box Office Tops $3 Billion

Warner Bros. exceeded $3 billion in international box office for the second consecutive year in 2014 as the Burbank studio benefited from large tent-pole films that drew foreign audiences.

LAX on Pace to Set Annual Passenger Record

Passenger traffic through Los Angeles International Airport dipped in November compared to the year-earlier period, but the airport is nevertheless still on pace to set a new record for its busiest year, according to figures released by Los Angeles World Airports on Friday.

'The Interview' to Hit YouTube, Google Play; Sony in Talks with Netflix

Sony Pictures Entertainment released “The Interview” online on Wednesday morning, making it available for purchase on YouTube, Google Play, Microsoft Inc.'s Xbox Video and the Sony-created website seetheinterview.com.

Sony to Release 'The Interview' After All

Sony Pictures Entertainment will be releasing controversial film “The Interview” in theaters on Christmas Day after all.

LAX Board Approves $4 Billion Train Project

The Los Angeles Board of Airport Commissioners, which oversees the Los Angeles International Airport, has approved a $4 billion project that includes building a train that will link LAX to a new Metro rail station nearby.

Sony Cancels Release of ‘The Interview’ After Hacker Threats

Sony Pictures officially decided on Wednesday not to release the film “The Interview” in theaters on Christmas Day, the Culver City studio said in a statement.