Los Angeles Business Journal

NBA Bans Sterling; Local Interest in Clippers High

Los Angeles Clippers owner Donald Sterling was banned from any involvement in the National Basketball Association for the rest of his life and could also be forced to sell his team, NBA Commissioner Adam Silver announced Tuesday.

Rooms to Grow

HOSPITALITY: HBA expands beyond luxury market to interior design for less expensive hotels.

Luxury hotel interior designer HBA/Hirsch Bedner Associates now seeks inside jobs for lower-price lodgings.

Tease photo

Super Risky?

Show looks to ride cape of Marvel movies

Co-producers of comic book-based traveling show Marvel Experience are betting on a super-size response.

Barbie to Get All Dolled Up for Live-Action Movie

MANUFACTURING: Film part of Mattel’s plan to lift sales of sagging product.

Live-action Barbie film plays into toymaker Mattel’s plan for big-screen productions.

Research Solutions, Skechers Among Week’s Biggest Movers

The Los Angeles Business Journal’s index of largest local public companies closed down for the week, in line with the larger markets.

Better-Than-Expected Quarter Boosts Skechers

Shares of Skechers USA Inc. jumped 5 percent Wednesday after the Manhattan Beach shoe company announced first quarter earnings that soared above expectations.

Podcast Network Operator Ready to Talk the Talk

INTERNET: Radio Titans relaunches in downtown L.A. with sponsorship model

Carl Kozlowski is giving podcasting another try – and hoping to sustain his network with a newly introduced sponsorship model.

Dodgers Pitcher Hit as Spokesman

Hyun Jin Ryu steps up to plate to promote Jin Ramen noodles.

Ottogi sees Dodgers pitcher Hyun Jin Ryu as quite a catch as a spokesman for its brand of ramen noodles.

Hitting Brakes to Go Forward

Vycon sets up kinetic energy storage system at subway station.

Vycon hopes its kinetic energy storage system gets on a roll from installation at a subway station.

Dodgers Still Not Reaching Base

TV: Carriers say high price of channel will lose customers.

Time Warner Cable may have dropped the ball in its plan for other carriers to pick up its new Dodgers channel.

Carriers Say Price of Dodger Channel Will Drive Away Customers

After doing the math, pay-TV providers appear to be sticking to their story that carrying the all-Los Angeles Dodgers channel SportsNet LA on Time Warner Cable’s terms doesn’t pencil out.

Padding Mattress Sales

Spanish ads pull in Hispanic customers.

Sit n’ Sleep says it’s now freeeeeee in recovering economy to launch a Hispanic ad campaign.

L.A. Newspaper Group Could Be Heading for Sale

PUBLISHING: Lang parent Digital First reportedly looking to cut costs.

Is the Los Angeles News Group about to go on the market as part of its parent company’s sale?

Answer Just a Stone’s Throw Away

Daniel Singer is the 14-year-old creator of Backchat, an anonymous messaging application.

News Maker Looks to Tell Its Stories in Silicon Beach

MEDIA: New York’s RNN opens L.A. outpost to land new media customers.

New York news producer looks to channel content to new media businesses.

Tease photo

Hat in Ring

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.

Additional Stock Float Sinking Fashion Company

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 Expands Reach in China

RealD Inc. announced Monday it is expanding its relationship with the largest theater chain in China, Wanda Cinema Line Corp.

Herbalife Shares Rise as Icahn Gets More of Board

Herbalife shares rose Monday after the company announced it is nominating three more designees of Carl Icahn to its board.

Tease photo

Merchandisers Work in Concert

MUSIC: Merger gets two former competitors in sync.

Ex-rivals Cinder Block and BandMerch cue up merger to boost their merchandising business.

Drug Developer’s Promotions Generate Bad Buzz

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.

Al Jerome to Retire from KCETLink

Al Jerome, the longtime chief executive at public broadcaster KCET of Burbank, announced Tuesday he will retire within six months.

Dialed In

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.

Licensing-Publishing Companies Cue Up Merger

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.

L.A. Sues Time Warner Cable for $10 Million

The city of Los Angeles filed suit against Time Warner Cable on Friday seeking $10 million in fees.

L.A. Stations Test ‘Spectrum’ Sale

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.

CytRx Shares Volatile After Report

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.

Herbalife, Ryland Among Week’s Biggest Movers

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.

L.A. Register to Launch April 16

Freedom Communications on Monday announced that it will launch its daily newspaper in Los Angeles next month.

Trip That Celebrated Halfpipe Legacy

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.

Medical Imaging Business Looks Good to Investors

HEALTH CARE: RadNet’s shares rise after company beats analyst expectations.

Imaging company RadNet looks good to investors after a healthy fourth quarter.

Tease photo

Web Inroads

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.

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.

Super Heroes Fight Over Fanboys

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.

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.

Tease photo

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.

Tease photo

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.

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.

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.

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.