MEDIA & ENTERTAINMENT

Recent and archived news stories on: media companies, newspapers, television, digital media, entertainment industry, public relations firms, artist representation, agencies

Swinerton Lands $209M Contract for New LAX Parking Structure

The Los Angeles Board of Airport Commissioners on July 11 voted to award a $209 million contract for a new parking structure near Los Angeles International Airport to Swinerton Builders, airport officials announced.

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More Layoffs at Weinstein Co., Bankruptcy Judge Approves Sale to Lantern

U.S. Bankruptcy Judge Mary Walrath approved on July 11 Dallas-based private equity firm Lantern Capital Partners’ $289 million purchase of the Weinstein Company Inc., freeing the Weinstein Company to dissolve.

ESPN to Broadcast eSports Competitions

Walt Disney Co. will air video game competitions on ESPN and Disney XD starting this month after signing a multi-year agreement with Blizzard Entertainment Inc.

UPDATE: Legal Challenge to Agreement to Close Santa Monica Airport Dismissed

A local pilot’s legal challenge to the agreement the city of Santa Monica reached to close Santa Monica Airport has been dismissed, the city announced July 11.

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Warner Bros. Proposes $100M Aerial Tram to Hollywood Sign

Warner Bros. Entertainment is proposing a $100 million aerial tram to take visitors to the Hollywood sign in Griffith Park.

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Litigants Against Weinstein Company Okay Company Purchase Agreement

A July 6 announced purchase agreement has allayed concerns of numerous people who sued the Weinstein Co., which declared for Chapter 11 bankruptcy.

State Pays $15 Million to Relocate Two Shows to Hollywood

The California Film Commission announced July 2 that it will pay $15 million total to relocate production of two television shows to California as part of the state’s $330 million-a-year motion picture tax credit program.

Forecast: LAX Expects Record July 4 Traffic

Passenger traffic at Los Angeles International Airport over the July 4 holiday period is forecast to hit a record 2.86 million passengers, airport officials said on June 28.

State Film Tax Credit Program Extended to 2025

California Gov. Jerry Brown signed on Wednesday a law that extends the state’s film tax credit program to 2025.

H Code Buys Digital Publication for Hispanic Women

Digital advertising exchange H Code announced June 26 that it acquired HipLatina, a digital lifestyle publication for Hispanic women that claims to reach 4 million consumers per month through its website and social media.

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LAX Passenger Traffic Up 5.3 Percent in May, 5.4 Percent Year-to-Date

Passenger traffic at Los Angeles International Airport rose 5.3 percent in May compared to last year and was up 5.4 percent for the first five months of this year, according to figures released June 26 by airport officials.

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Pasadena Digital Agency Opening in Singapore

Digital advertising technology provider OpenX Technologies Inc. plans to open an office in Singapore, the latest expansion for the 20-year-old, Pasadena-based company.

Publisher of the Advocate, Out selects CEO

The publisher of the Advocate and Out magazine selected Nathan Coyle as its new Chief Executive Officer.

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AEG Strikes Deal to Manage Buenos Aires Arena

AEG Facilities, a stand-alone division of AEG, has agreed to a multi-year deal with the Buenos Aires Arena to manage and operate the facility. The 16,000-seat arena is controlled by Argentinian media outfit, La Nación, and is set to open their doors in mid-2019.

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Digital Agency H Code Signs Deal With Peruvian Broadcasting Company

Digital advertising agency H Code Media Inc. announced June 21 it will handle U.S. advertising for Radio Programas del Peru, a 55-year-old Lima-based radio and television broadcasting company.

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