Los Angeles Business Journal


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

Friday Rundown: What to Watch this Weekend

For the business professional looking for the perfect movie to watch this weekend, here’s our summary of some latest releases, focusing on the business aspects of each plot.

NBC Universal Could Back BuzzFeed

NBCUniversal Inc. is reportedly close to making a $250 million investment in digital publishing giant BuzzFeed.

Relativity Media Files For Bankruptcy Protection

Embattled entertainment company Relativity Media filed for bankruptcy protection today after billionaire Ryan Kavanaugh failed to find a financial savior for his struggling firm.

75 Layoffs at Relativity as Bankruptcy Looms

Crisis-hit film and TV company Relativity Media is laying off more than one-fifth of its staff.

LAX Passenger Counts Take Off

The number of passengers traveling through Los Angeles International Airport continued to climb last month, according to figures released Tuesday by Los Angeles World Airports.

California Tax Credits Lure Film Producers

More than 250 movie projects have applied for state tax credits in the first round of film applications since the state boosted the amount of available credits, a move aimed at curbing runaway production.

Monday Rundown: NBCUniversal Exec to Helm Deluxe; New Executive Director for Beverly Hills Chamber

Deluxe Entertainment Services Inc. announced Monday that John Wallace, president of operations and technical services at NBCUniversal, will take over as chief executive in early September.

Relativity On the Ropes?

Troubles continue to mount for billionaire Ryan Kavanaugh’s financially embattled Relativity Media.

AT&T-DirecTV Mega Merger Gets Green Light

AT&T’s long-awaited purchase of El Segundo satellite TV provider DirecTV closed Friday, the same day the Federal Communications Commission announced its approval of the mega merger.

Hollywood Studios Hit By European Antitrust Allegations

Six major Hollywood movie studios stand accused of illegally restricting access to content in an antitrust case filed by European regulators.

Newest Disney Resort to Have Chinese Flavor

Walt Disney Co. unveiled details of its newest theme park to open next year in China, which will include attractions based on “Star Wars,” “Frozen” and Marvel superheroes.

L.A. Location Filming Drops on Fewer Commercials

Location filming in the Los Angeles area fell by 2 percent in the second quarter, driven by a sharp drop in the production of commercials, according to a report released Tuesday by FilmL.A.

Comic-Con Report: This Year’s Hits and Misses

Comic-Con is over for another year, but the buzz is still buzzing, especially for “Star Wars: The Force Awakens,” which delivered the most anticipated presentation of the San Diego pop-culture fest.

Little Minions Lifting Universal Again

Universal Pictures continued its record year as “Minions” brought in $115 million over the weekend making it the second-biggest animated opening ever.

Comic-Con Report: ‘Star Wars’ Fans Out in Force

For “Star Wars” fans, the center of the universe – at least for today – is Hall H of the San Diego Convention Center, which will soon host a presentation previewing the latest film in the franchise, “The Force Awakens.”