Los Angeles Business Journal


Lofty Goal

Developer looks to put new museum on displayDeveloper Tom Gilmore looks to reframe downtown’s Old Bank District with a multibuilding museum.

By Cale Ottens February 22, 2016 9:20 a.m.   Share

MCNs Dial Into Foreign Content

Local multichannel networks are turning their attention overseas as the domestic market becomes saturated.

Munger’s Tech Venture Booted

The State Bar has booted Charles Munger’s Daily Journal Corp. from a contract to revamp the organization’s case management system.

Immunotherapy Cancer Treatment Taking Flight

BIOTECH: Kite’s state-of-art facility puts research on fast track.

Kite Pharma’s nondescript El Segundo manufacturing facility is at the forefront of cancer-fighting efforts.

Knockout Opportunity

FITNESS: Sale of UFC to WME/IMG may boost franchising.

The purchase of Ultimate Fighting Championship by WME/IMG may boost the prospects for franchisees of its branded gyms.

Cigar Maker Meets its Match

Tobacco company wedded to line of custom marriage- related smokes.

Custom Tobacco’s cigar rolling service is booming during summer wedding season.

Animation House Drawn to Project

Foray into hybrid live-action series, a first for firm, makes its debut at Comic-Con.

Hollywood animation studio Titmouse is generating buzz for its forthcoming Fox sitcom “Son of Zorn.”

Catch of the Day

Scott Gibson enjoys fishing as a way to bring balance into his fast-paced work life as president of Gibson International, a residential real estate firm in Brentwood.

A Look Ahead: What’s on the agenda for Los Angeles business in the coming week

TECHNOLOGY: Rise of virtual reality industry has conference growing quickly.

Virtual reality innovators, industry leaders, and consumers are about to gather in actual reality for the VRLA Summer Expo.

Good Times

Norman Lear, 94, is still at it, producing a new version of an old hit, hosting shows, and worrying about Trump

Legendary TV producer Norman Lear talks updating a classic show, creating provocative content, and his fear of Donald Trump.

Food Entrepreneurs Have Menu for Underserved

DINING: Everytable seeks to bring health, equity to fast food in poorer locales.

Startup Everytable wants to deliver on its promise of meals priced according to neighborhood income levels.

Still Game

American Olympians, young Angelenos benefit from ’84 event

The financial legacy of the 1984 Olympic Games in Los Angeles lives on as local leaders continue their effort to secure the 2024 summer games.

Network’s Olympic Effort Has Station Seeing Gold

BROADCASTING: KNBC has doubled the size of its team covering Rio games.

KNBC is doubling down on its coverage of the Summer Olympics as ad dollars help bring home the gold.

‘Suicide Squad’ to Breathe Life Into Box Office

FILM: Warner Bros.’ anti- heroes expected to break summer ticket sale record.

Star-studded supervillain movie “Suicide Squad” looks set to save the summer box office by opening to record numbers this weekend.

Spa Claims Landlord Squeezing It Out of Lease

LITIGATION: Koreatown club says developer wants to make way for condos.

A lawsuit filed last week by a popular Koreatown spa and health club claims the developer who bought the historic Wilshire Galleria building for $49 million in November is illegally trying to force the business out to make room for a luxury condo and hotel project.

Sports Museum Makes Another Pitch for Fans

HOSPITALITY: Collector revives memorabilia venue after seven-year hiatus.

As the Dodgers mire through the dog days of summer, sports collector Gary Cypres is trying to ignite a passion for baseball among younger generations.

Scopely Closes Series B as Mobile Games Spur Race for Partnerships

Mobile game producer and distributor Scopely has closed a $55 million Series B funding round, bringing its total equity funding to $99 million.


Calendar of events


Upcoming conventions

N.Y. Hotel Developer Checking Into Downtown

HOSPITALITY: Demand for rooms near Convention Center spurs large project.

Lightstone Group is moving forward with plans to build a $450 million hotel with 1,100 rooms across from the Convention Center.

Failure to Connect

Business and government can’t seem to get it right on technology, so it’s time to think creatively about alternatives.

In Homes We Trust

Homeownership ‘cheerleaders’ are driving the housing market here and across the nation toward a bubble.

Signs are pointing to another real estate bubble, writes Linnea Bernard McCord.

Inner-City Opportunity

Britten Shuford says the best way to help inner-city youth is to have businesses engage in their training.


The Business Journal spotlights local company founders for whom the advantages of being in Los Angeles hit home.

SPECIAL REPORT: Hector and Norma Orci

The Business Journal spotlights local company founders for whom the advantages of being in Los Angeles hit home.

SPECIAL REPORT: Victoria Silchenko

The Business Journal spotlights local company founders for whom the advantages of being in Los Angeles hit home.

SPECIAL REPORT: Michael Laznicka

The Business Journal spotlights local company founders for whom the advantages of being in Los Angeles hit home.