Los Angeles Business Journal


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RealD Shares Rise After Earnings Beat Expectations

RealD shares moved higher on Thursday after the Beverly Hills 3-D movie technology company reported quarterly earnings that beat analyst expectations.

Los Angeles Times to Launch LGBT Site

The Los Angeles Times will begin hosting a site later this month dedicated to news and lifestyle issues in the local gay community.

Record Number of Applicants for Film Tax Credit Lottery

A record number of film and TV show producers have applied for a piece of the $100 million in tax credits allotted annually to productions filming in the state, the California Film Commission announced Tuesday.

Layoffs Planned at Disney's Maker Studios

Maker Studios will lay off about 10 percent of its workforce this week following the YouTube network’s acquisition by Walt Disney Co.

Attorney Denies Sterling Is Mentally Incompetent

An attorney representing Donald Sterling rejected the claim the Clippers owner is mentally incompetent, setting the stage for a legal showdown over the sale of the team.

Deadline Expires for Clippers Bids

The deadline has passed for Los Angeles Clippers bidders to make offers for the NBA team, according a Bloomberg news report.

Bank of America Speaking to Clippers Suitors

Bank of America has been hired to arrange a sale of the Los Angeles Clippers and has already approached potential buyers, according to media reports.

Post-Production Shop FilesChapter 11

Hollywood post-production company Todd-Soundelux has filed for Chapter 11 while creating a restructuring plan in advance of a sale.

Report: Sterlings Offering to Sell Clippers

Los Angeles Clippers owner Donald Sterling has reportedly given the go-ahead for his wife Shelly to sell the NBA franchise.

DreamWorks Animation Announces Manila Venture

DreamWorks Animation SKG Inc. will design an education entertainment attraction for a resort complex to open this year in Manila, the company announced Thursday.

NBA Moves Against Sterling

The National Basketball Association on Monday announced it was moving forward with the plan to allow team owners to decide whether Donald Sterling can keep ownership of the Clippers.

Two L.A. Execs Push a Seattle Hockey Team

Two prominent L.A. businessmen are trying to bring a National Hockey League franchise to Seattle.

'Avatar' 3-D Camera Supplier Purchased

VER, an entertainment industry equipment supply house in Glendale, has acquired Cameron-Pace Group, a Burbank joint venture that supplied 3-D cameras to “Avatar” and other James Cameron films, according to media reports on Thursday.

Strip Club Evacuated After Oil Pipe Burst

A Thursday morning oil spill that sent 10,000 gallons of crude oil spewing skyward over Atwater Village forced the evacuation of a strip club.

Fandango Deals Add 1,000 Screens to Service

West L.A. online movie ticketing firm Fandango has made deals with three new theater chains, adding 1,000 screens to its ticketing service, the company announced Thursday.