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Walt Mossberg and Kara Swisher, founders of the respected tech news site AllThingsD, reportedly have signed a joint venture with NBCUniversal to create an online news and conference business after they leave News Corp. at the end of the year.
REAL ESTATE QUARTERLY
Main events in Los Angeles County’s submarkets.
OP-ED: Leaders from public and private sectors must step up to ensure local tech community continues to click.
Sean Arian plugs the growing tech sector as a priority for local business and civic leaders.
Warner Bros. and NBC Universal want Google searches to stop showing Mega, a file storage and sharing service founded by Kim Dotcom, TheNextWeb.com reports.
Film counts are down. Production is going elsewhere. But several of the biggest L.A. studios plan to build sound stages, post-production facilities and offices in what might become the most aggressive growth spurt in recent Hollywood memory. The New York Times looks at why. Also see the Business Journal’s previous coverage on the expansion plans.
Real Estate Quarterly
Three Hollywood studios expand their roles in the real estate market with large local projects.
TV: Station sees little spending from candidates despite leading ratings.
Spanish-language KMEX would like to channel more of mayoral candidates’ ad spending.
Last week’s major news from labusinessjournal.com and other sources
Comcast Corp. will own all of entertainment giant NBCUniversal after purchasing General Electric Co.’s 49 percent stake in the company for $16.7 billion.
Now that Monrovia prepaid debit card company Green Dot Corp. is operating a bank – it announced the launch of online-only GoBank earlier this month – it looks as if Chief Executive Steven Streit might have to make a trip to Brooks Brothers.
Hulu Chief Executive Jason Kilar announced that he will be resigning from the Internet video streaming company. Departing along with Kilar is Rich Tom, the company’s chief technical officer.
The chief executive of Hulu said in a Monday blog post that he expects the Internet streaming TV service to generate 66 percent more revenue than last year and grow to 3 million paid subscribers by the end of the year.
TECHNOLOGY: Digiboo puts digital kiosks at airports so ‘the movie lover on the go’ can download for the trip.
Digiboo sets up kiosks at airports so travelers can download movies to watch while they’re high in the sky.
Universal Studios was right to scrap plans for residential development to focus on entertainment and tourism.
Tom LaBonge praises Universal Studios for knowing how to play its role in L.A.’s economy.
Billionaire investor Carl Icahn is selling his 25 percent stake in Beverly Hills film studio Metro- Goldwyn-Mayer in a deal reportedly worth $590 million.
Charles Crumpley wonders if DirecTV’s future is a little static-y.
NBCUniversal is abandoning controversial plans to build thousands of residences on its Universal City backlot.
Walt Disney Co. of Burbank and Hearst Corp. of New York have agreed to become fifty-fifty partners in A&E Television Networks, a New York company that owns a group of popular cable channels.
Video crew packages premieres to travel overseas
Small L.A. crew hits Hollywood premieres to translate show biz glamour for the Chinese market.
Pair tap CEQA to bury Metro project.
Downtown L.A. property owners court controversy by filing CEQA suits to challenge Metro subway project.
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