LABJ WEEKLY EDITION
INTERNET: Saatchi Art’s site offers virtual opening to promote, sell works.
Websites such as Saatchi Art offer artists a new way for their works to click with collectors.
LOCATION: Arts District proves popular home for places to showcase works.
Downtown L.A.’s Arts District shows it can hang with other cities as a home to galleries.
MANUFACTURING: Gemini still hailed as producer of fine prints.
Gemini G.E.L. is marking 50 years of providing its services in exchange for a few signed prints.
EXHIBITION: Competitive new arrivals draw mixed reaction from old guard.
Influx of new galleries complicates the picture for longtime operators.
REAL ESTATE: Inglewood’s low costs big draw for studios.
Inglewood fielded an artists’ enclave long before pro football came knocking for a stadium.
FOOD: Rents rise for produce wholesalers under new landlord.
Wholesalers fear being boxed out by 7th Street Produce Market’s rising rents.
HOSPITALITY: PodShare hopes tight space stacks up as business.
PodShare has found room in the temporary residential market with its low-cost shared spaces.
Gary Privitera’s firm high on opportunities beyond just detailing.
Gary’s Aircraft Detailing says business has taken off with the addition of new services.
James Jeans founders form D&A studio to give discipline a lift.
The future of D&A Flying Yoga studio is up in the air.
Alfred Fraijo Jr. looks to court businesses for Boyle Heights project.
Attorney Alfred Fraijo Jr. hopes to make the case for his hometown Boyle Heights as a business center.
When plastic surgeon David Feldmar isn’t reconstructing people, he’s constructing model airplanes.
FOOD: Conference to field rooting interest in growing sales of natural products.
As natural food sales soar past $100 billion, stakeholders and investors in the booming industry are preparing to gather for the inaugural Food 2.0 conference June 7-9 at downtown L.A.’s Millennium Biltmore Hotel.
LAW: Recession-spurred cutbacks resulted in system that can drag out litigation.
Verdict is in: Backlogged courts can drag out business disputes and drive up legal costs.
SHIPPING: Some firms file for bankruptcy amid drive for employee standing.
Legal battles over classifying truckers as employees put some firms on the road to bankruptcy.
AVIATION: 78.9 million cap expired last year; proposal would allow 96.6 million.
City of El Segundo seeks to keep the allowed annual number of passengers at LAX from taking off.
MEDIA: Tribune Publishing spurns traditional protocol in rejecting Gannett’s bid.
Los Angeles Times’ parent Tribune Publishing may not be delivering for investors by rebuffing an acquisition offer.
HEALTH CARE: Operators fear cities could shut down facilities, block new ones.
Owners and operators of drug addiction treatment centers are up in arms over a bill in Sacramento that could give local officials more tools to shut them down or block new rehab facilities.
INVESTMENT: New rules let firms tap unaccredited, lower-net-worth backers.
Companies looking to raise cash got another option last week.
Canary Health, a developer of patient health management software, has acquired mental health management online program bLife in an all-stock deal.
NONPROFIT: Kent Smith to leave business district after 17 years at helm.
When Kent Smith became executive director of LA Fashion District 17 years ago, the business improvement district only spanned 18 blocks.
The biggest deal at this month’s Cannes Film Festival was the $50 million winning bid from STX Entertainment for international distribution rights to Martin Scorsese’s new gangster film, “The Irishman.”
SALE: Blackstone Group’s 50 percent stake in office property nets $500 million.
In the biggest Westside deal in recent months, Blackstone Group is selling its 50 percent stake in the Colorado Center office complex in Santa Monica for more than $500 million, or just over $900 a square foot.
Calendar of events
While the Times flounders, Hollywood trades have stayed viable.
MEDIA: Variety recasts print publication in heated showbiz battle.
Variety raises the curtain on a print redesign in a running battle among showbiz trade publications to draw readers.