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Silicon Beach Report: Saviynt Raises $40 Million
Saviynt raises $40 million; Snoops Dogg’s Casa Verde invests in Green Bits; USC earns top-10 spot for video game development programs.
STYLE | Showbiz Shark
Thomas C. Grane I Mob Scene
Thomas C. Grane, founder and chief executive of entertainment marketing agency Mob Scene, was probably not the only 6th grader who switched his career aspirations from professional baseball to the movie biz after seeing “Jaws” in a sold-out theater when the blockbuster opened in 1975.
USC among Top 10 Universities for Video Game Development Programs
The University of Southern California ranked No. 2 on a list of top 10 universities for video game development programs, according to Sherman Oaks-based 80 Level, an online publication covering the gaming industry.
L.A. County Unemployment Rate Continues Steady at 4.5 Percent
L.A. County’s economy continued to coast near full employment in March as the unemployment rate held steady at 4.5 percent for the third straight month and local employers added a relatively small 13,000 jobs, according to state figures released April 20.
Retail Rents Up on Lack of New Development
Supermarkets, service providers seen as hedge against e-commerce
Retail rents are going up despite the industry’s well-documented struggles – or perhaps because of them.
Same Ribbon, New Rep
All-women support group for Music Center brings new vibe to longstanding mission
Music Center’s 50-year-old fund-raising organization plans for the future.
Soon-Shiong to Keep Tronc Stake
MEDIA: Word comes with final deal on Times pending
The billionaire buying the L.A. Times will also keep a stake in the parent company.
$130M in Wings on Port Pilot Program
TRADE: Macquarie commits to longer view
The proposed $130M staging facility at the Port of L.A. could ease container traffic congestion.
Lobbyists, PR Shops Up, Ad Agencies Dip
COMMUNICATIONS: Strong economy, tax revenue keys
How L.A. advertising, lobbying and public relations firms performed in 2017.
Market Volatility Shakes Confidence
ECONOMY: Worries increase especially for older Angelenos
Consumer sentiment for Q1 is down, particularly among older Angelenos.
L.A. Pairings: From Soon-Shiong to Schumer
Some particularly interesting pairs to draw to around Los Angeles these days, starting with Patrick Soon-Shiong and tronc Inc., current owner of the L.A. Times, Chicago Tribune, New York Daily News and other newspapers. Soon-Shiong plans to pay a reported $500 million to get the Times and related publications in California from Chicago-based tronc.
Film Credit Clears Committees
ENTERTAINMENT: Final bill could include incentives on diversity
A bill to extend California’s motion picture tax credit program sailed through Assembly and Senate committees last week.
Breitburn Out of BK as Maverick Natural
ENERGY: New name, trimmed operations for downtown-based oil firm
Breitburn Energy emerged from bankruptcy with new name: Maverick.
Larian’s $890M Bid for Toys R Us Declined
Bankrupt toy chain’s assets worth more in liquidation than MGA chief’s offer
Toys R Us rejected MGA Entertainment Inc. Chief Executive Isaac Larian’s $890 million bid to acquire some of the bankrupt retailer’s stores in the U.S. and Canada, according to media reports.
‘Flintstones to Jetsons’
New Huntington biomed lab in Pasadena seen as hub for research, collaboration
A $31M lab in Pasadena hopes to kick off a biomedical research corridor.
Electric Vehicle Access Expands in L.A.
More charging stations, car-sharing programs on tap
EVgo positions its electric car charging business to meet L.A. demand, strikes deal with GM
Deals & Dealmakers: Gem Looks to New Platform
Blockchain firm unveils consumer-facing app for cryptocurrency traders
Gem’s new cryptocurrency platform helps users track and trade their holdings.
Culver City Snack Brand Debuts With Kroger
Peatos gets shelf space at 1,700 locations; deal with Safeway expected
Healthy snack maker Snack It Forward lands deal with Kroger.
Online Orders Bring New Tech to Old Eatery
Canter’s Deli heir confronts online order frenzy with new streamlined app
Canter’s Deli has been a Los Angeles staple since 1931 and still serves the classic fare that helped make the restaurant an iconic Los Angeles hangout.
Light Housekeeping
Paris the is the City of Light, an affectionate appellation that goes back to its role as a center of learning during the Enlightenment of the 18th century, when the term carried figurative meaning.
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