Former TV exec weighs into boxing promotion
Former TV syndication exec Michael King looks to ring up dollars and TV deals as a boxing promoter.
CLOTHING: Price plunges after American Apparel’s dilutive share offering.
American Apparel stitches together a stock offering as company appears to hang by a thread.
RealD Inc. announced Monday it is expanding its relationship with the largest theater chain in China, Wanda Cinema Line Corp.
Herbalife shares rose Monday after the company announced it is nominating three more designees of Carl Icahn to its board.
HEALTH CARE: Shares of CytRx drop over issues of alleged stock touting.
Concern over stock promotions spurs investors to check out of drug developer CytRx.
MUSIC: Merger gets two former competitors in sync.
Ex-rivals Cinder Block and BandMerch cue up merger to boost their merchandising business.
Al Jerome, the longtime chief executive at public broadcaster KCET of Burbank, announced Tuesday he will retire within six months.
Channels share one signal so they can sell second
TV: KLCS and KJLA hope to channel big money by sharing the airwaves and selling a broadcast frequency for cellphone use.
MUSIC: Newly created entity Riptide aims to get in ‘sync’ with more recording artists.
They’re scaling up for more deals: Two L.A. music licensing and publishing houses merged last month to create Riptide Music Group of Culver City.
The city of Los Angeles filed suit against Time Warner Cable on Friday seeking $10 million in fees.
Some TV stations are tuning in to a sudden opportunity to sell what could be their most valuable asset – their airwaves. Cellphone companies covet them to satisfy the ever-growing appetite for mobile Internet use.
Shares of West L.A. biotechnology firm CytRx Corp. rebounded after falling as much as 10 percent Friday due to reports that the company has worked closely with a stock promoter to boost interest in its shares without disclosing its involvement.
The Los Angeles Business Journal’s index of largest local public companies fell for the week. The weighted LABJ Stock Index dropped 2 percent to 190 for the trading week ended March 17. Decliners outpaced gainers 98 to 56, with six companies unchanged.
Freedom Communications on Monday announced that it will launch its daily newspaper in Los Angeles next month.
PUBLISHING: Source Interlink aims to rev up online interest and ad revenue for its car enthusiast magazines.
A new CEO looks to steer Source Interlink’s car magazines into a bigger presence on the Web.
HEALTH CARE: RadNet’s shares rise after company beats analyst expectations.
Imaging company RadNet looks good to investors after a healthy fourth quarter.
Publicist Nicole Wool’s trip to the Sochi Olympics wasn’t just about the athlete she was there to represent – U.S. Olympic women’s halfpipe skier Angeli Vanlaanen – but also the one who never made it there.
EVENTS: Multiplying comic cons spar for world domination.
EVENTS: Wizard World hopes celebrities can continue to work their magic and boost interest in its comic cons.
FILM: Olmos Kontakto aims to tap growing audience with first movie, ‘Asher.’
As the audience for Latino entertainment grows, two Hollywood managers with Latino clients have joined forces to make a bigger impact in the film industry and are preparing to go into production on their first movie.
Hyginex’s wristbands keep track of wearer’s hand-washing.
HEALTH CARE – Hyginex looks to clean up at hospitals and eateries with its wristbands that track users’ hand-washing.
film: DreamWorks shares dip over ‘Mr. Peabody’s’ appeal.
FILM – DreamWorks shares fall as investors worry today’s kids won’t make time for its “Mr. Sherman & Peabody” movie.
Theater critic debuts review site to fill void in L.A.
LA Weekly critic acts to revive local theater reviews with new website Stage Raw.
Two Los Angeles assemblymen on Wednesday introduced a bill to ramp up California’s efforts to hold onto film and TV production.
Santa Monica public radio station KCRW-FM (89.9) announced Tuesday it has acquired a station in Santa Barbara to increase its reach up the coast.
TELEVISION: Time Warner wants rivals on channel’s team.
Less than two weeks before the high-stakes launch of SportsNet LA, the all-Dodgers channel last week still had not reached carriage deals with any pay-TV companies aside from its operator, Time Warner Cable.
FILM: Technicolor looks to hew out a future as a Web pioneer with a social site to help connect filmmakers and crew members.
Rene Kaerskov is hoping the Federal Aviation Administration will soon clear Richard Branson’s Virgin Galactic to take tourists to space.
Herbalife announced early Monday it is increasing its share buyback program by $500 million, to $1.5 billion. The buyback is being financed by selling $1 billion of convertible bonds.
NEWSPAPERS: Freedom Communications takes over Reader to bolster Register.
Freedom Communications’ expansion into Los Angeles is beginning to take shape.
The Los Angeles Business Journal’s index of largest local public companies closed lower for the week.
West L.A. biotech firm CytRx Corp. has announced a $75 million public stock offering.
CBRE Group Inc. of downtown Los Angeles announced Thursday it has acquired Valteq Gesellschaft, a German real estate consulting firm.
Gail Berman and Lloyd Braun, co-founders of Hollywood production BermanBraun, are breaking up.
Freedom Communications’ soon-to-launch Los Angeles Register is ramping up its social media presence.
The parent company of Koreatown lender Wilshire Bank announced after the close of the markets Monday that its profit narrowed in the last quarter of last year as it closed on two acquisitions.
Hudson Pacific Properties has raised $196 million in a public stock offering, the company announced after the close of the markets Tuesday.
Entertainment: California agency looks to keep productions.
California Film Commission turns the spotlight on the state’s production advantages with a new magazine.
Telecom: New focus on hardware spurs increase in Vitesse’s share value.
Vitesse Semiconductor connects with investors as its shift into Ethernet hardware takes off.
Entertainment: Gravitas expanding into theatrical releases for bigger upside.
Video-on-demand distributor Gravitas is expanding into indie theatrical films, a more expensive proposition but with a bigger potential upside.
Investing: Shares of Nova LifeStyle soar after announcement of listing.
Investing: When Nova LifeStyle announced it would begin trading on the Nasdaq, investors got very comfortable with the furniture company
Retro: Property owner is targeting family audiences in revival of Paramount site.
Some movie theaters are installing 3-D projectors or high-tech sound systems.
AEG sets up new tour and hopes local stop will create big bucks.
Sports: AEG is bullish on bull riding, so it’s participating in a new tour and will soon schedule PBR’s first stop in L.A
More TV shows, movies and digital videos were filmed on location in Los Angeles last year than in 2012, according to a report released Tuesday by FilmL.A. But the long-term trends aren’t as encouraging.
Publishing: Register promises libertarian leanings, local stories.
Publishing: Orange County Register owner hopes to make news in Los Angeles with a locally focused, libertarian-leaning paper.
The Los Angeles Business Journal’s index of largest local public companies rose for the week.
Television: DirecTV seeks to pair mobile device, home set.
Television– Satellite provider DirecTV hopes customers won’t think twice about adding a second screen to their viewing.
Noted Hollywood publicist Julian Myers, who represented stars such as Marilyn Monroe and Judy Garland, has passed away. He was 95.
TV – Crown Media shareholders fear they won’t be receiving the very best if Hallmark Cards takes the company private.
Real Estate: CBRE buys maker of software that calculates property expenses.
Real Estate – CBRE builds up consulting business with pickup of company that tallies property unkeep costs.
Biotech: Puma shares soar after cancer treatment surpasses expectations.
Biotech: Investors went on the prowl for Puma stock after its cancer treatment drug surpassed test expectations.