Los Angeles Business Journal

LABJ WEEKLY EDITION

Big Leap

Developers hop in, hype Frogtown as hip hot spotDevelopers hope to get Los Angeles River-fronting Frogtown hopping as a new hip enclave.

By Hannah Miet June 15, 2015 midnight   $$ Share

L.A. Tech Deal Flow: July 31

A weekly roundup of must-read L.A. tech investments and acquisitions.

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Reproductive Center Puts Eggs in Events Basket

HEALTH CARE: Clinics’ parties generate heat for freezing services.

Fertility clinic hosts drinking and dining events to deliver customers to its egg-freezing services.

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Cape Crusade In Hollywood

FILM: DC hopes to follow foe Marvel to super-sized box office.

Rival DC hopes to ride Marvel’s cape at the box office by slating a slew of movies featuring its iconic superheroes.

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Troll Toll

Marathon gets inventive to make patents pay

Litigious Marathon Patent Group feels the term “troll” isn’t a suitable description for its money-making business.

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Tech Firm Aims to Link Kids, History

Zypre launches virtual reality treatment of Wright brothers’ flight.

Zypre sees schools as the perfect clients for its virtual reality historical productions.

Giving Starts at Top

When Phenomenex employees in the past decade were challenged to shave their heads or dye their hair splashy colors, Chief Executive Fasha Mahjoor politely declined. But not this time.

Dad Delivers Style Choices For Fathers

Diaper Dude founder looks to raise brand’s product output, profile.

Diaper Dude founder hopes his father-pitched products pop as a lifestyle brand with dads.

Regional Report

News and notes from communities across Los Angeles County

Westwood’s Penske Media Corp. has announced the acquisition of GoldDerby.com, which showcases entertainment industry award predictions by fans and top journalists.

Poor Prognosis for Drug Developer’s Stock Offering

BIOTECH: Shares tumble after investors learn of CytRx’s pricing target.

Drug developer CytRx Corp.’s plan for a public offering nurses mainly ill will on Wall Street.

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Youth Served

Los Angeles Athletic Club renovates to draw hipper, younger members.

Downtown L.A.’s members-only clubs launch youth movement to revive aging appeal.

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Regulators Back Deal to Form L.A.’s Largest Lender

BANKING: Analyst says his money was on merger despite activists’ concern.

Regulators endorse OneWest-CIT merger as activist opposition seemed to have little impact.

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Married Architects Talk Building Interest in Reuse

REAL ESTATE: Killefer Flammang duo say hotel work made room for more.

Spouses Barbara Flammang and Wade Killefer talk how they adapted to a demand for reuse projects.

93-Year-Old Producer Back in Saddle for Western

FILM: Walter Mirisch rides again with movie he did in 1960: ‘Magnificent Seven.’

A remake of classic Western “The Magnificent Seven,” now filming, is being overseen by the 93-year-old producer of the original film.

Practice Group’s Business Heats Up With Drought

WATER: O’Melveny unit’s focus has shifted from quality to quantity issues.

While California’s drought has scorched some businesses, it has flooded attorneys in O’Melveny & Myers’ water industry practice group with work.

Marketing Firm’s Talk Program Channels Brands

INTERNET: FameBit hopes ‘FilterFreeTV’s’ influencers speak to young consumers.

These days, digital networks such as Maker Studios, Fullscreen Inc. and AwesomenessTV aren’t the only tech companies producing online videos.

SPECIAL REPORT: Building Heat

Studio Lions Gate may be star attraction on list of L.A.’s most profitable public companies, but real estate brokerages making all the right moves.

While movie studios continue to produce, real estate brokerages are the real stars of the Business Journal’s list of most profitable public companies.

Calendar

Calendar of events

Conventions

Upcoming conventions

Plot Sale Reflects Lots of Interest in Downtown

ACQUISITION: Land goes for $18 million; $3 million more than month before.

A 20 percent profit in one month? That’s what hotelier John Blanchard, lead developer on downtown L.A.’s Ace Hotel, reaped when he flipped a 1.2-acre plot of land in the Arts District earlier this month.

Making Room for Bootleg Spaces

Los Angeles City Council’s push to legalize substandard units only hurts tenants, landlords who follow laws.

There’s no room in Los Angeles for making bootleg spaces into legal residences, warns Jeremy Bagott.

State May Face Hole on Oil

Ronald Stein sees California doing well enough without more limits on oil projects.

Room To Grow?

HOSPITALITY: Businesses pop up to support Airbnb despite looming regulations.

Businesses check in to support hotel service Airbnb despite the risk of regulation in some cities.

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Shoe Seller Sees Next Step As Brick-and-Mortar Shop

FOOTWEAR: Sole Society’s expansion plan boosted by money from Nordstrom.

Shoe and accessories retailer Sole Society looks to step up sales with its first brick-and-mortar shop.

Petroleum Plan Fuels Pushback

ENERGY: Oil, trucking firms rip state proposal to reduce use.

Oil and transportation companies hope to drive off a state measure to cut vehicles’ petroleum use by 50 percent.

Flying Fish Hit Series of Highs

TV: Syfy on rise as audiences take ‘Sharknado’ for whirl.

Cable channel Syfy has spun its cheesy, low-cost “Sharknado” movie series into ratings gold.

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Connected

Tech startups eager to link with Gary Winnick

More than a decade after Global Crossing’s collapse, Gary Winnick’s name can still charge up interest in L.A.’s tech sector.