Los Angeles Business Journal

LABJ WEEKLY EDITION

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.

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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

Calendar of events

Conventions

Upcoming conventions

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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.

SPECIAL REPORT: Rattan Joea

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.

SPECIAL REPORT: Beatriz Acevedo

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

SPECIAL REPORT: Clara Reis Winston

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

SPECIAL REPORT: Marc Mertens

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

SPECIAL REPORT: Linc Gasking

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

SPECIAL REPORT: Immigrant Entrepreneurs

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

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Hitching Ride at Theme Parks

MARKETING: Index sees sites as major attractions for toy sales.

Index Promotions looks to ride the theme park boom into more custom merchandise orders.

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Giving Credit

LENDING: Chinese search giant links with ZestFinance algorithm.

Online-focused ZestFinance hopes its algorithm model clicks with the Chinese market.

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Radio, TV Broadcaster Tops Chart

INVESTMENT: Entravision hits No. 1 on list of most profitable.

Spanish-language radio and TV broadcaster Entravision dialed up its performance to top the Business Journal’s list of most profitable public companies.

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Paper Delivers With Internet

Los Angeles Times has found social media more welcoming than local TV news rivals.

Eyes of Kids Worth Look For Nonprofit

Austin Beutner frames children’s health as Vision to Learn’s goal.

Austin Beutner sees Vision to Learn’s eye exams as a way to focus on children’s health.

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Game Gives Firm Leg Up On Wellness

Citadel incorporates Pokémon Go craze into walking club program.

Citadel Environmental Services steps up its walking club program with the addition of Pokémon Go.

High on Scary Situations

If the sky is the limit in starting and running a business, Dan Goman wants to see just how high he can go.

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

LAW: Most lawyers likely will be courting failure at this week’s bar exams.

Recent law graduates in California are gearing up to take the state’s bar exam, which will run July 26 to 28 and is given locally at the Los Angeles Convention Center as well as in Culver City and Pasadena.