Los Angeles Business Journal

Latinos’ Star on Rise With New Manager-Producer

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.

Getting In Sink on Cleanliness

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.

Will ’60s Cartoon Still Draw Kids?

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.

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Big Role to Play

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.

Assemblymen Introduce Expanded Film Tax Credit Bill

Two Los Angeles assemblymen on Wednesday introduced a bill to ramp up California’s efforts to hold onto film and TV production.

KCRW Buys Santa Barbara Radio Station

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.

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Still No Takers For Dodgers TV

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 Color Giant Now Seeks Image As Tech Pioneer

FILM: Technicolor looks to hew out a future as a Web pioneer with a social site to help connect filmmakers and crew members.

When Will Space Traveler Finally Fly?

Rene Kaerskov is hoping the Federal Aviation Administration will soon clear Richard Branson’s Virgin Galactic to take tourists to space.

Herbalife Increases Share Buyback

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.

Publisher Takes ‘Easy’ Entry Into Los Angeles

NEWSPAPERS: Freedom Communications takes over Reader to bolster Register.

Freedom Communications’ expansion into Los Angeles is beginning to take shape.

Green Dot, Mattel Among Week’s Biggest Movers

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

CytRx Hopes to Raise $75 Million in Stock Offering

West L.A. biotech firm CytRx Corp. has announced a $75 million public stock offering.

CBRE Buys German Consulting Firm

CBRE Group Inc. of downtown Los Angeles announced Thursday it has acquired Valteq Gesellschaft, a German real estate consulting firm.

Lloyd Braun Takes Sole Ownership of BermanBraun

Gail Berman and Lloyd Braun, co-founders of Hollywood production BermanBraun, are breaking up.

L.A. Register Starts Social Media and Ad Campaign

Freedom Communications’ soon-to-launch Los Angeles Register is ramping up its social media presence.

Wilshire Bank Profit Narrows

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 Raises $196 Million

Hudson Pacific Properties has raised $196 million in a public stock offering, the company announced after the close of the markets Tuesday.

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New Magazine Pages Film, TV

Entertainment: California agency looks to keep productions.

California Film Commission turns the spotlight on the state’s production advantages with a new magazine.

Hooking Up to Ethernet Pays Off With Investors

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.

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Distributor Shooting for Stars on Bigger Screens

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.

Nasdaq Looks Like Right Place for Furniture Firm

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

Amazing L.A. Sequel – Return of the Drive-In

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.

Riding of the Bulls to Hit Los Angeles

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

Location Filming Rose Last Year

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.

Paper Claims Right Focus for L.A.

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.

Medbox Among Week’s Biggest Movers

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

Is TV Worth Second Look?

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.

Obit: Hollywood Publicist Julian Myers, 95

Noted Hollywood publicist Julian Myers, who represented stars such as Marilyn Monroe and Judy Garland, has passed away. He was 95.

Hallmark Channel Parent Investors See Bad Deal in Cards

TV – Crown Media shareholders fear they won’t be receiving the very best if Hallmark Cards takes the company private.

Building Manager Sees Value in Upkeep Costs

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.

Positive Drug Trials Spur Healthy Investor Interest

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.

Eight Over 80: Elaine Lazar


Elaine Lazar still lives the same way she did as a girl. In her words: “I tried everything that seemed reasonable and didn’t ask anyone’s permission. I still feel that way today.”

Talent Agency Looks to Line Up Below-Line Jobs

Representation: New hires at APA take role in handling crew workers.

Talent agency APA of Beverly Hills has quickly built a new business this year – representing below-the-line TV and film workers.

O.C. Register Publisher to Launch L.A. Paper

Newspaper publisher Freedom Communications of Santa Ana will launch a daily newspaper next year called the Los Angeles Register that will compete with the Los Angeles Times.

Meruelo Buys KDAY

Classic hip-hop station KDAY (93.5) of Redondo Beach has been sold to Meruelo Media of Los Angeles, the company announced Wednesday, and will retain its format.

AEG Names Convention Center Management

The Los Angeles Convention Center has a new management team focused on increasingly profitability at the Downtown Los Angeles venue, operator AEG Facilities announced Tuesday.

New Station Exec Dialed Into Predecessor’s Plan

Radio: CBS’ Dan Kearney to maintain ad sales model, tweak K-Earth and Wave.

Radio: CBS has cued up another L.A. executive to try and cut into Clear Channel stations’ ratings.

Disney Teams Up With Chinese Firm

Walt Disney Co. has formed a joint venture with Chinese new media firm BesTV that could help the Burbank entertainment giant increase its digital distribution in China. The deal was announced Wednesday.

Newspaper Group Looks to Climb Paywall Model

Publishing: All of LANG’s local papers to charge for online access

After years of letting readers view its online news stories for free, the Los Angeles News Group is asking them to pay up.

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Addiction Website In Recovery Mode

Health Care: New owner seeks clean break from cash woes.

Addiction and recovery website TheFix seeks a fresh start after a bankruptcy filing.

In-Flight Service Takes Off

Internet: Global Eagle client Southwest makes ‘gate-to-gate’ connection.

Internet: Global Eagle shares take wing after Southwest Airlines expands its on-plane online service.

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Future Focus

TV studios get jump on content for 4K sets

TV: Some studios are channeling their efforts into high-quality 4K visuals in hopes of future adoption of the format.

L.A. Jobless Rate Falls

The Los Angeles County unemployment rate fell to 9.7 percent last month, according to state figures released Friday.

Journalist, Editor Mark Lacter Dies

Obituary: Mark Lacter, former Business Journal editor, died at 59

Film, TV Show Distributor Slips Discs Into Business

Entertainment: Gaiam pickup boosts Cinedigm’s streaming offerings.

Film: Movie streaming-focused Cinedigm gets physical with its acquisition of DVD distributor Gaiam Vivendi.

Former Business Journal Editor Mark Lacter Dies

Mark Lacter, a veteran business journalist who was a former editor of the Los Angeles Business Journal, died after suffering a stroke on Wednesday. He was 59.

Radio Network Enters New Stage With Concert Venue

Music: Clear Channel opens Burbank space for album promotion parties.

Lions Gate announced last week that it’s licensing the “Twilight” films and past releases including “The Princess Bride” and “Dirty Dancing” to the state-run streaming entertainment website M1905.com.

Interactive Ad Maker Dives Into Streaming Video

ADVERTISING: Newly named TrueX makes play for YouTube content.

Newly rechristened TrueX wades into streaming video with its interactive ads.

Los Angeles News Group Chief Singleton to Retire

William Dean Singleton, the 62-year-old founder and chairman of the company that owns the Daily News of Los Angeles and the Daily Breeze, announced Monday he will retire in the coming weeks, citing health concerns.