LA BUSINESS JOURNAL DAILY NEWS
KCRW Employees Unionize Under SAG-AFTRA
The employees of National Public Radio member station KCRW in Santa Monica voted June 14 to have the Screen Actor’s Guild represent them as their union.
Silicon Beach Report June 14: Bird Required to Pay Tariffs on Chinese Imports
Bird, Uber tariff relief requests denied; AppOnBoard buys BuildBox; Pluto TV links with Comcast
Riot Games Under DFEH Investigation
California's Department of Fair Employment and Housing has launched an investigation into Sawtelle-based Riot Games for alleged gender bias and other discriminatory conduct.
Colony Capital Refinances Nearly $2B
Downtown-based Colony Capital Inc. has refinanced $1.725 billion of consolidated debt in its healthcare portfolio.
Silicon Beach Report June 13: Sure Raises $23 Million
Bird paid $25 million for Scoot; Sure raises $23 million; Disney Plus subscriber projections
Toymaker MGA Proposes Merger with Rival Mattel
Chatsworth toy manufacturer MGA Entertainment Inc. made a bid last month to merge with rival toy company Mattel Inc., in El Segundo, which rejected the offer.
Long Beach Names Cynthia Guidry Airport Chief
The city of Long Beach on June 11 named a top L.A. Airport executive, Cynthia Guidry, as its new airport director, effective July 29.
Silicon Beach Report June 12: Bird Acquires Scoot
Hulu, Disney acquire Lions Gate rights; Immortals acquires Infinite Sports & Entertainment; Scoot scooped up by Bird
Immortals Buys Infinite Esports & Entertainment
Esports company Immortals has acquired esports team owner Infinite Esports & Entertainment.
Bird Acquires Scoot Networks
Santa Monica-based Bird Rides Inc. is buying Bay Area competitor Scoot Networks Inc.
UCLA Names Antonio Bernardo as Anderson School Dean
UCLA recently named longtime Anderson School of Management finance professor and administrator Antonio Bernardo as the school’s new dean, effective July 1.
Imports Fall at Los Angeles, Long Beach Ports
Imports into the San Pedro Bay port complex sunk 6.3% in May, as trade war tensions between the U.S. and China continued to impact the flow of goods.
Silicon Beach Report June 11: GameMine acquires 1,200 titles
Square Enix announces “Avengers,” “Final Fantasy” titles; Snapchat filters have unexpected use; GameMine expands gaming library
Sweetgreen Snags DC Meal Delivery Service Galley Foods
Restaurant chain Sweetgreen announced June 11 that it’s acquiring Washington D.C. meal delivery service Galley Foods for an undisclosed amount.
USC Names Geoffrey Garrett Business School Dean
USC on June 11 named Geoffrey Garrett, current dean of the Wharton School at the University of Pennsylvania, as the next dean of the Marshall School of Business, effective in July 2020.
Douglas Emmett Buys Westwood Apartment Building for $365M
Santa Monica-based Douglas Emmett Inc. purchased a 350-unit apartment building in Westwood for $365 million, the group announced June 10.
Hackman Capital Partners In Talks For $700M Studio Buy
Hackman Capital Partners is in talks to buy MBS Media Campus for roughly $700 million.
SCE President Ron Nichols Dies; CEO Kevin Payne Adds President Title
Ron Nichols, president of Southern California Edison and former top executive with the Los Angeles Department of Water & Power, died June 6 after a battle with gastric cancer.
Silicon Beach Report June 10: Pluto TV Pushes into Latino Markets
Quibi unveils pricing details; SpaceX to launch JPL’s atomic clock; Pluto TV launches Latino programming
USC, United Airlines Reach New Naming Rights Deal for Coliseum
USC and United Airlines have reached a new naming rights deal for the Coliseum after a previous naming deal ran into controversy, the university announced June 7.
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