Fuse Media Files for Bankruptcy, Hopes to Reduce Debt by $200M

Fuse Media Inc., a privately held television broadcasting company based in Glendale, filed for bankruptcy earlier this week in an effort to reduce its debt by some $200 million.

Port Logistics Group Buys Ecommerce Shipping, Warehouse Service

Port Logistics Group will acquire Oakland-based Whiplash Merchandising Inc., an ecommerce shipping and warehousing service, in a move which will expand PLG’s ecommerce fulfillment capabilities.

More Recent News


Snap Inc. Revenue Beats Expectations, Draws Down Losses

Snap Inc. announced financial results for the first quarter on April 23, reporting $320 million in revenue and beating analyst expectations with 39% revenue growth compared to the first quarter of last year.

Survey: LA Consumer Sentiment Slips to Four-Year Low

Los Angeles consumer confidence fell to a nearly four-year low during the first quarter as local consumers grew increasingly concerned about future job prospects, according to a survey released April 22.

Beyond Meat Sets IPO Pricing, Seeks $1.2 Billion Valuation

El Segundo-based Beyond Meat Inc. set the terms of its initial public offering and released more details about its operations in disclosures filed April 22 with the Securities and Exchange Commission.


Axiomatic Gaming Gains $21 Million

Esports organizer Axiomatic Gaming raised $21 million April 18, according to Securities and Exchange Commission filings.
People On The Move

Companies On The Move

Reader Poll

READER POLL: How do you feel about incorporating artificial intelligence in your business?

Los Angeles Business Journal Podcast

Spectrum News 1

April 22, 2019

Los Angeles Business Journal Publisher Anna Magzanyan talks to Spectrum News 1 about LA's growing data center market, with companies such as Google and CoreSight Realty opening new facilities.

In This Week's Issue


Blank-Check Firms Ride Market

FINANCE: LA a hotbed for SPACs, deal-makers

L.A.’s flurry of blank-check offerings continues into 2019.


Tease photo

Judge Approves Sale of Verity

HEALTH CARE: KPC gets St. Vincent, St. Francis hospitals

Bankruptcy judge approves sale of Verity Health hospitals.


Tease photo

Delay Extends Port Battle

TRADE: Terminal operators continue push for automation

Fight over automation continues at Port of Los Angeles.


Tease photo

Data Centers Come Online

Tech: Google, others ramp up to meet growing local demand

Data centers finding new homes downtown.


Tease photo

BRIGHT LIGHTS

LEDtronics has made industrial LED lights for more than 35 years

LEDtronics sticks to its roots in commercial and industrial lighting market.


Latest Local News

Fuse Media Files for Bankruptcy, Hopes to Reduce Debt by $200M

Fuse Media Inc., a privately held television broadcasting company based in Glendale, filed for bankruptcy earlier this week in an effort to reduce its debt by some $200 million.

Port Logistics Group Buys Ecommerce Shipping, Warehouse Service

Port Logistics Group will acquire Oakland-based Whiplash Merchandising Inc., an ecommerce shipping and warehousing service, in a move which will expand PLG’s ecommerce fulfillment capabilities.

Spectrum News 1

Los Angeles Business Journal Publisher Anna Magzanyan talks to Spectrum News 1 about LA's growing data center market, with companies such as Google and CoreSight Realty opening new facilities.

More Videos >

People On The Move

Snap Inc. Revenue Beats Expectations, Draws Down Losses

Snap Inc. announced financial results for the first quarter on April 23, reporting $320 million in revenue and beating analyst expectations with 39% revenue growth compared to the first quarter of last year.
Events
APRIL 22
This event will honor Chief Technology and Information Officers and others who are in the top information technology positions within their organizations. These important individuals and teams play vital roles in making Los Angeles a hub for innovation, and in making its businesses, institutions, and nonprofits successful.

Survey: LA Consumer Sentiment Slips to Four-Year Low

Los Angeles consumer confidence fell to a nearly four-year low during the first quarter as local consumers grew increasingly concerned about future job prospects, according to a survey released April 22.
Reader Poll
READER POLL: How do you feel about incorporating artificial intelligence in your business?
Los Angeles Business Journal Podcast
Companies On The Move

Beyond Meat Sets IPO Pricing, Seeks $1.2 Billion Valuation

El Segundo-based Beyond Meat Inc. set the terms of its initial public offering and released more details about its operations in disclosures filed April 22 with the Securities and Exchange Commission.

Events

APRIL 22
This event will honor Chief Technology and Information Officers and others who are in the top information technology positions within their organizations. These important individuals and teams play vital roles in making Los Angeles a hub for innovation, and in making its businesses, institutions, and nonprofits successful.
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