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CBS Sells Television City for $750 Million

CBS announced an agreement to sell the 25-acre CBS Television City property and soundstage operation at 7800 Beverly Blvd. to Los Angeles-based real estate developer Hackman Capital Partners for $750 million. As part of the agreement, Hackman Capital will gain the rights to use the Television City trademark in connection with its operations on the property.
By Michael Aushenker
Trevor Saliba

NMS Capital Group Sells Stake in Banking Unit, Saliba Stepping Down

Beverly Hills-based NMS Capital Group, a private equity, merchant banking and advisory firm, has agreed to sell all equity and rights to NMS Capital Advisors, which is made up of private investors.
Julie Henderson

Snap Hires New Communications Officer

Snap Inc., based in Santa Monica, announced Dec. 10 Julie Henderson will join the social-focused camera company as chief communications officer.

El Segundo-Based Jaanuu Raises $15 Million to Produce Fashion Scrubs

Jaanuu Inc., a medical apparel company based in El Segundo, announced Dec. 10 it raised $15 million from investors.

Maple Media Acquires Banana & Co. Gaming Portfolio

Mobile advertising firm Maple Media announced Monday it acquired the intellectual property rights to San Francisco-based game developer Banana & Co.’s game portfolio.

Events

The Los Angeles Business Journal will host a discussion on economic trends and forecasts at City Club. Our panel of regional experts will share their insights on the biggest headlines and where the market is going in 2019. Conversation topics include tax reform, new policies, real estate, financial investments and much more.
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Events

The Los Angeles Business Journal will host a discussion on economic trends and forecasts at City Club. Our panel of regional experts will share their insights on the biggest headlines and where the market is going in 2019. Conversation topics include tax reform, new policies, real estate, financial investments and much more.

This Week’s Issue

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