Biotech: CytRx’s drop shows risk of allowing use outside clinical trials.
Biotech: Shares of CytRx fall after death of cancer patient using company’s drug outside of clinical trials.
Media & Entertainment: AXS looks to tap co-owner AEG’s festival connections for shows.
AXS TV, a fledgling cable channel that counts downtown L.A.’s Anschutz Entertainment Group as an owner, is doubling down on its music festival programming.
Radio: Tom Leykis finds success with subscriptions after switch to Internet.
Radio: Former FM talk-show host Tom Leykis has channeled a subscription model into success online.
The Wrap saw its lead role in online show-business reporting diminish as paper rivals made the jump.
Chamber hopes new star-guide app shines with tourists.
Hollywood Chamber of Commerce hopes its Walk of Fame star-guide app has legs with visitors.
PROUCTION: TV, movie projects to be generated in-house at House of Moves.
After a management-led buyout last month, Playa Vista motion-capture and animation studio House of Moves is moving in a more creative direction.
mining: Tony Khodadad says quarry among projects ready to go in Sierra Leone.
Tony Khodadad foresees healthy returns from his Sierra Leone ventures: as soon as Ebola is contained.
A former finance manager at a big Culver City TV production studio was sentenced to two years in federal prison on Thursday for embezzling $2.5 million from his former employer, the U.S. Department of Justice announced Thursday.
TV: Time Warner Cable beefs up offerings as another dreadful season looms.
Time Warner Cable SportsNet turns to a new app and other offerings to court fans of the faltering Lakers.
Medbox brings in diverse board to light fire under its plan to move up to Nasdaq.
The New York investment firm that offered to buy RealD earlier this month wrote a letter to RealD’s board on Wednesday expressing displeasure that it had not received a response to the offer.
JOURNALISM: New venture looks to cover Los Angeles while reining in costs.
A new L.A. news site has grown out of the ashes of AOL Inc.’s Patch – the hyperlocal news network that cut many of its journalists and editors in Los Angeles earlier this year under financial duress.
It’s going to get pretty bumpy for Sara Rotman next year. She’ll be hitting the road as an off-road race driver.
TV: KVEA dethrones KMEX from 27-year reign – for now.
KVEA channels investment in its news programming into a late-night ratings win over dominant rival KMEX.
The Los Angeles Times is bringing back its California section after a five-year hiatus, the Times announced Monday.
MEDIA: LA Weekly moves on mobile to bring more online readers into fold.
LA Weekly hopes to get better read on audience with revamped website, mobile approach.
The Los Angeles Times on Thursday launched an Internet-TV channel available on Roku set-top boxes.
Internet: Ora TV looks to expand online network with shows built around Larry King and other celebrities.
Internet: Ora TV aims to expand its online network with stable of celebrity-anchored shows.
Media & Entertainment: SpiritClips ditches moniker for Feeln to highlight family films.
Santa Monica movie-streaming service Feeln has found its recent image overhaul to be good for business.
After Larry King retired from CNN a few years ago, he moved his show to an unlikely destination: Ora TV, an upstart Internet network launched two years ago with backing from the world’s richest man, Carlos Slim Helú. Now, Ora is expanding far beyond the realm of news talk and churning out celebrity and infotainment programming as it tries to become a larger player in the online entertainment world.
Playboy Enterprises of Beverly Hills announced on Monday it has reached a deal with a Los Angeles publishing house to produce Playboy Latino, a bimonthly magazine that will be written primarily in Spanish.
Coffee: Farmer Brothers also receives stock-stoking outlook from analyst.
Coffee: Analyst’s upbeat outlook helps investors warm up to java company Farmer Brothers.
Entertainment: Growth spurt prompts move despite online threats to sector.
Entertainment: Audition services company Space Station Casting Studios tries out a second location.
As chief executive of DesiHits, an L.A. music-focused digital media firm, Anjula Acharia-Bath connects pop stars such as Lady Gaga with audiences in India, and Bollywood stars with U.S. fans.
CBS Radio has cut a program director and several on-air hosts at news station KNX-AM (1070) and oldies station KRTH-FM (101.1) as it seeks to improve ratings.
MEDIA: Register continues on Web after failing to make headlines with arrival.
Los Angeles being a tough market to crack was apparently news to failed paper L.A. Register.
EXHIBITION: Theaters turn to new technology to boost image with couch potatoes.
In an effort to get people off the couch and out of their homes, movie theaters are lifting the curtain on a new technology that boasts a huge, 270-degree panoramic viewing experience.
DirecTV shareholders on Thursday signed off on AT&T’s $48.5 billion acquisition offer, DirecTV announced Thursday.
entertainment: Stoopid Buddy Stoodios applies stop-motion animation of TV’s ‘Robot Chicken’ to commercial, film jobs.
Stoopid Buddy Stoodios hopes to make a go of stop-motion animation in commercials and movies
Ex-banker Austin Beutner turns page as Times chief
Ex-investment banker Austin Beutner now looks to make news as publisher of the Los Angeles Times.
In less than a year, David Fletcher went from being a single guy to married with two children.
Austin Beutner is an accomplished guy, what with being a co-founder of a successful investment bank and deputy mayor in Los Angeles. But since he has no experience in the news business, why did he take the top job at the Los Angeles Times?
MEDIA: Shift into high-end weekly publication possible for Women’s Wear Daily.
New owner Jay Penske may retailor Women’s Wear Daily into a high-end weekly as he did with show-biz trade Variety.
TV: DirecTV sees original programming as a way to keep satellite subscribers.
DirecTV Inc. of El Segundo is continuing to ramp up its original programming as the satellite giant tries to keep subscribers.
Ed Little, a longtime Culver City business owner and former West Basin Municipal Water District board member, has passed away. He was 87.
Daily Journal Corp. swung to a loss in the nine months ended June 30 despite an increase in revenue, the company announced Monday.
RADIO: KFWB turns to sports programming to score listeners.
Former news-focused station KFWB looks to dial up more listeners by switching to an all-sports format.
Byrd Hairdo hopes to get surfers on board with pomade line.
Pro surfer Chase Wilson has taken the plunge on water-resistant hair-styling products.
BIOTECH: Investors snap up Amgen despite test failure, recall of Aranesp syringes.
Amgen shares enjoy a healthy spike despite a drug test failure and product recall.
California lawmakers on Thursday advanced a bill to combat runaway production by expanding the state's film and TV tax credit.
The sale of the Los Angeles Clippers to former Microsoft chief executive Steve Ballmer has closed, the National Basketball Association announced Tuesday.
George Nicholaw, longtime general manager at news radio station KNX-AM (1070), has died. He was 86.
Former Los Angeles deputy mayor Austin Beutner was named publisher and chief executive of the Los Angeles Times Media Group, the Times announced Monday.
Documentary turns to Kickstarter for story of Chicago guitarist.
Michelle Kath Sinclair hopes to drum up money from Kickstarter for a documentary on her late guitarist father.
MOVIES: HollyShorts says submissions, sponsorhsips up in event’s 10th year.
The HollyShorts Film Festival is all about short films – those with a run time of 30 minutes or less.
MEDIA: Tribune launches separate company, splitting broadcasting, publishing.
Los Angeles Times parent Tribune Co. hopes the paper can deliver as part of a new publicly traded entity.
Most people find a packed flight to be a disappointment, robbing them of the chance at being next to an empty seat. But Drew Zager sees a silver lining.
AVIATION: Entertainment, renewal deals and new CEO lift shares of Global Eagle.
Shares of in-flight Internet provider Golden Eagle get lift from arrival of new chief exec.
FILM: Thunder looks to trade services for stakes in productions.
Soundstage operator looks to cast itself as producer by offering services for stakes in indie films.
MUSIC: Swing House more than doubles space with Atwater Village facility.
Swing House Studios of West Hollywood routinely rents space to big-name bands such as Aerosmith for recording tracks or rehearsing for tours.