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

LA Weekly Moves Downtown

LA Weekly has moved to 724 Spring St. in downtown amid questions about the newspaper’s financial future.

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Updated: Redstone Loses Voting Control Following CBS Board Meeting

Move Follows Block of CBS’s Temporary Restraining Order Against Redstone

CBS shareholders voted to strip Sumner Redstone’s voting control of the company on May 17.

L.A. Kings Teams With BlueEco to Reduce Carbon Footprint, Operating Costs

AEG has brokered a deal between its National Hockey League team, the Los Angeles Kings, and BluEco Technology Group to reduce the operating costs and carbon footprint at the Kings arena and other community ice rinks throughout the city.

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Custom Content: Pasadena Ad Agency Celebrates 10 Years

Los Angeles Business Journal

This spring, Pasadena-based advertising agency Echo-Factory is celebrating its 10th anniversary. Today, the 18-person agency has completed more than 8,000 projects for a roster of clients that includes Cedars-Sinai, GE, Honda, Audi, MagLite and others.

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Banc of California Stadium to Expand Entertainment Offerings

Banc of California stadium hired Adam Friedman to run a new entertainment division, according to a May 16 announcement by Tom Penn, president of LAFC Sports, which owns the city’s Major League Soccer team.

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Spanish Digital Agency H Code Signs Deal With El Salvador Outfit

H Code Media, a digital advertising company for the U.S. Hispanic market, announced May 15 a partnership deal with La Prensa Grafica, a more than 100-year-old publishing company in El Salvador with multiple websites.

CBS Suit Against Redstone Threatens ‘Nuclear Option’

Sumner Redstone’s daughter Shari Redstone said May 15 that CBS Corp. cannot legally dilute the 94-year-old’s shareholder control.

Rogers & Cowan Buys London Fashion Marketers

Public relations firm Rogers & Cowan Inc. expanded its stake in fashion with the May 10 announcement that it has acquired ITB Worldwide, a London entertainment marketing agency with high-profile clothing companies and individual, European-based talent.

Soon-Shiong’s Purchase of LA Times Still Weeks Away

Patrick Soon-Shiong will close his purchase of the Los Angeles Times from tronc Inc. in a few weeks, said tronc CEO Justin Dearborn during a shareholder call May 9.

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Long Beach Airport Slated for $59M Improvements

The Long Beach City Council on May 8 voted unanimously to award a three-year, $59 million contract for terminal-area improvements at Long Beach Airport.

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Sirius XM Leases Hollywood Space for West Coast Programming HQ

Sirius XM Holdings Inc. has signed a long-term lease for about 27,000 square feet of office space at 953 N. Sycamore Ave. in Hollywood to house its West Coast programming headquarters, according to Mid-Wilshire-based landlord CIM Group Inc.

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Tourists Injected $22.7 Billion in Local L.A. Economy Last Year

Tourists visiting Los Angeles County pumped a record-setting $22.7 billion into the local economy last year, the L.A. Tourism and Convention Board announced on May 7.

Long Beach Q1 Airport Traffic Up Nearly 10 Percent

Passenger traffic at Long Beach Airport rose 9.7 percent during the first quarter to nearly 1 million, according to figures released May 4 by airport officials.

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Relativity Media Finds Buyer

Relativity Media announced May 3 that is has found a buyer in UltraVHoldings, which is a combination of asset management firm Sound Point Capital Management and RMRM Holdings.

Bank of America Names New Entertainment Head

Bank of America Merrill Lynch named a new head for their entertainment industries group, tapping Jason Feuerstein, former head of the MUFG Union Bank’s entertainment group.