Los Angeles Business Journal

Studio Cues Up Larger Rehearsal, Recording Site

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.

Lions Gate Makes Chinese Streaming Deal

Santa Monica studio Lions Gate Entertainment Corp. has made a deal to bring its TV shows and movies to a new streaming service in China.

Changing Image

ENTERTAINMENT: Visual effects shop Hydraulx also hopes to be known for soundstage, equipment rentals at new HQ.

Visual effects shop Hydraulx hopes to get a lift from soundstage and equipment rental business.

Dodgers Found Partly Liable in Stow Beating

A Los Angeles jury ruled on Wednesday that the Dodgers organization was negligent in the 2011 beating of Giants fan Bryan Stow and will need to pay Stow’s family millions of dollars in damages.

Daily Journal Hires New Auditor, Appeals Nasdaq Delisting

In an effort to remain listed on the Nasdaq, downtown Los Angeles legal newspaper publisher Daily Journal Corp. has fired accounting firm Ernst & Young and hired BDO USA as its new auditor.

Saying ‘Da’ to Business

Ilya Kuntsevich studied economics as a college student in Russia, but his training wasn’t exactly the industry standard for employees of big international companies.

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Sky’s Limit

Some drone-using filmmakers aren’t waiting for OK

Some drone-using production businesses await approval to get off the ground, but at least one’s flying now.

Cartoon Producer Animated About New Direction

TV: Genius Brands revamps management as it looks to boost digital distribution.

Kids entertainment firm Genius Brands International wanted to get smarter, so it overhauled its executive ranks, rebuilt its board and changed its business model.

Mouse Looks To Click With Video Gamers

Adesso tries hand at luminescent accessory with flashy iMouse G3.

Adesso says its video-game-focused mouse will also come in handy for general use with computers.

Two L.A. Firms Get State Tax Credits

Two L.A. companies were among the 29 firms that were approved to receive $28.9 million in state tax credits, Gov. Jerry Brown’s office announced Thursday.

The Week’s Biggest Movers

The Los Angeles Business Journal’s index of largest local public companies rose for the week.

Entravision Buys Digital Ad Firm

Spanish-language radio and TV station owner Entravision Communications Corp. of Santa Monica has acquired digital advertising firm Pulpo Media.

Charney Suspension Boosts American Apparel Stock

American Apparel shares rose on Thursday after the company’s decision to suspend Dov Charney as chairman and chief executive pending his ouster.

News Site Launches to Cover the Westside

Web publishing firm Port Media Solutions has launched a news website to cover the Westside of Los Angeles, the firm announced on Thursday.

L’Oreal Buys Commerce Cosmetics Firm

Paris cosmetics giant L’Oreal is buying Nyx Cosmetics of Commerce, the companies announced Wednesday.

USC in Talks With Scripps

The University of Southern California is in talks to form a relationship with the Scripps Research Institute in San Diego, USC and Scripps said Tuesday in a joint statement.

Saban, Jakks to Launch Web Series

Century City kids entertainment firm Saban Brands is teaming up with Malibu toymaker Jakks Pacific to bring to life emojis – those smiley face symbols on your cell phone texts – with a forthcoming web series and toy line, the companies announced Tuesday.

Ares Buys Texas Oil Field Developer

Century City private equity firm Ares Management has acquired oil and gas field developer BlackBrush Oil & Gas of San Antonio, Texas, the companies announced Tuesday.

L.A. Port Traffic Rises

Traffic at the ports of Los Angeles and Long Beach rose in May compared with the same month last year, according to figures released Monday.

DreamWorks Shares Slip After ‘Dragon 2’ Disappointment

Shares of DreamWorks Animation SKG Inc. fell sharply in Monday trading after a disappointing opening weekend for the Glendale animation studio’s “How to Train Your Dragon 2.”

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So Who Says Med Scrubs Aren’t Sexy?

Jaanuu’s new line for hospital professionals has emphasis on style.

New line scrubs the idea that hospital wear needs to be frumpy.

MannKind in Talks for Afrezza Partnership

Diabetes drug developer MannKind Corp. of Valencia is exploring multiple partnership opportunities to take its inhalable insulin drug Afrezza to market as the company awaits FDA approval.

The Week’s Biggest Movers

The Los Angeles Business Journal’s index of largest local public companies fell for the week.

Nikki Finke Returns With New Site

Nikki Finke is back to writing show business news, the trade reporter wrote on a newly minted website Thursday, practically promising to offend those in the industry she deems worthy of her wrath.

UCLA Forecast Predicts Job Growth in State

The California economy will benefit from job growth and reduced unemployment in the next three years, according to the most recent UCLA Anderson Forecast released Thursday.

Arts District Warehouses to House Retail Project

An East Coast company has teamed with Century City real estate services firm Blatteis & Schnur to purchase five warehouse buildings in downtown L.A.’s Arts District for $32.5 million, the companies announced Wednesday.

West Hollywood Hospitality Firm Acquired

A Las Vegas hospitality firm has acquired a majority stake of West Hollywood hospitality firm H.Wood Group.

Oaktree Buys Infrastructure Investment Firm

Downtown Los Angeles investment firm Oaktree Capital is acquiring Highstar Capital, a New York firm that invests in physical infrastructure for the energy industry, Oaktree announced Monday.

Not Following Dad’s Footsteps

As a college student in the late 1970s, Darell Krasnoff dreamed of getting a job with a company where he could climb the ranks and eventually become a top executive.

Wedbush Charged With Market Access Violations

Downtown Los Angeles brokerage Wedbush Securities was charged by the Securities and Exchange Commission on Friday for breaking the agency’s market access rules.

MannKind, Jakks Pacific Among Week’s Biggest Movers

The Los Angeles Business Journal’s index of largest local public companies rose for the week.

Tinder Puts the Moves on Disappearing Photos

West Hollywood dating app Tinder on Thursday unveiled a disappearing photo feature in an apparent challenge to Venice app maker Snapchat.

AEG Denies Report of Kings Sale

Anschutz Entertainment Group of downtown Los Angeles on Thursday categorically denied a New York Post report that it is shopping the Kings hockey team for a sale.

RealD Shares Rise After Earnings Beat Expectations

RealD shares moved higher on Thursday after the Beverly Hills 3-D movie technology company reported quarterly earnings that beat analyst expectations.

Los Angeles Times to Launch LGBT Site

The Los Angeles Times will begin hosting a site later this month dedicated to news and lifestyle issues in the local gay community.

Record Number of Applicants for Film Tax Credit Lottery

A record number of film and TV show producers have applied for a piece of the $100 million in tax credits allotted annually to productions filming in the state, the California Film Commission announced Tuesday.

CU Bancorp to Acquire Enterprise Bank

Encino bank holding company CU Bancorp will acquire downtown Los Angeles lender 1st Enterprise Bank in an all-stock deal, the banks announced Tuesday.

Payroll Executive Arrested in Tax Case

The former chief executive of bankrupt Miracle Mile payroll services company Axium International has been arrested on charges of committing tax crimes, the U.S. Attorney’s Office in Los Angeles announced Tuesday.

Puma Shares Fall Amid Trial Results

Shares of Westwood drug developer Puma Biotechnology plummeted in trading on Monday after presentations by the company and another drugmaker soured investors on their prospects.

Insider Trading Co-Conspirator Sentenced

Bryan Shaw, the Encino jeweler who made $1.6 million on stocks he traded with insider information from former KPMG senior partner Scott London, was sentenced to five months in prison on Monday.

Booster For Women In Business

Chick Launcher contest lets entrepreneurs work to land funding.

Businesswomen battle for backers in Darya Allen-Attar’s Chick Launcher competition.

Outdoor Horror Show Takes Stab at New Cities

PRODUCTION: Interactive event goes on road backed by Mark Cuban’s money.

The people behind the annual Haunted Hayride at Griffith Park are taking a new show on the road after recently scoring a $2 million investment from Mark Cuban on ABC’s “Shark Tank.”

Proxy Fight Heats Up at Spark Networks

There’s no love lost between Internet dating company Spark Networks and its largest shareholder.

OriginOil Makes Middle East Deal

OriginOil of West Adams has made a licensing deal to bring its water cleanup technology to the Middle East.

Solar Firm Verengo Up For Sale

Residential solar company Verengo Solar of Torrance has put itself up for sale, hiring Bank of America Merrill Lynch as an advisor, according to a document obtained by the Business Journal.

NBA Moves Against Sterling

The National Basketball Association on Monday announced it was moving forward with the plan to allow team owners to decide whether Donald Sterling can keep ownership of the Clippers.

CBRE Names New Chairman

Downtown Los Angeles commercial real estate firm CBRE Group announced Monday that Ray Wirta has been chosen to succeed Richard Blum as chairman.

New Magazine Turns Focus On Photos

Co-publishers picture thick, ad-free Wolf as outlet for creativity.

Wolf Magazine frames itself as a creative outlet for photography.

Sometimes Speaking Loudly Carries Day

Last month’s Walk to End Genocide at Pan Pacific Park drew more than 3,000 people, the largest iteration yet of what has become the biggest annual anti-genocide demonstration in the country.

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Ticket Seller’s Next Stage To Line Up More Venues

ENTERTAINMENT: AXS to challenge Live Nation by moving beyond AEG sites.

AEG’s AXS looks to improve its position but market leader Ticketmaster poses a huge hurdle.