Spectrum News Starts Nov. 16

MEDIA: 24-hour channel to aim for underserved areas

Spectrum is launching a new 24-hour cable news channel.

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UCLA Buys Landmark Crest Theater in Westwood

Space will reopen as Nimoy Theater

UCLA announced Oct. 25 that they acquired for $5.9 million the 78-year-old landmark Crest Theater in Westwood, which the university stated they will make into an off-campus performing arts space.

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Pathmatics Raises $3M, Launches New Ad Data Product

Pathmatics Inc., the Santa Monica-based digital advertising software developer, announced Oct. 25 a $3 million investment from British marketing agency Mintel Group Ltd.

Katzenberg, Whitman Short-Form Video Platform Announces Headquarters

Quibi, the short-form video platform financed by Jeffrey Katzenberg and headed by Meg Whitman, will lease 49,000 square feet in Hollywood for its station headquarters, according to an Oct. 24 press release.

Drake to Co-Own Culver City E-sports Company

100 Thieves, a two-year-old Culver City company with a number of teams in e-sports leagues, announced Oct. 23 it has raised $25 million to date, and that it will now be co-owned by rap star Drake and music producer Scooter Braun.

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Burbank-Based Cast & Crew Acquires Live Theater Payroll Accounting Firm

Cast & Crew has acquired Checks & Balances Payroll Inc., a payroll services firm to the live theater industry.

Delta Air Lines to Launch Ontario Airport to Atlanta Service in April

Delta Air Lines announced Oct. 19 that it will launch daily nonstop service between Ontario International Airport and Atlanta in April, marking the third carrier with transcontinental flights from the Inland Empire airport.

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Airport Commissioners Approve $2B Contract for LAX Car Rental Facility

The Los Angeles Board of Airport Commissioners on Oct. 18 approved a $2 billion, 28-year contract to a consortium of 11 companies to design, build and operate a consolidated car rental facility near Los Angeles International Airport.

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Oak View Adds Englander, Awaits NHL Decision

City councilmember comes aboard as facilities operator awaits hockey vote

Oakview taps City Council for talent.

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Rockers Steaming Over Streaming

ENTERTAINMENT: Some claim labels short on royalties

Streaming revenues are big enough for artists, labels to fight over.

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Creative Control

Tweaks to office trend include accommodations for some peace, quiet

Stand by for tweaks to the creative office concept.

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Digital Radio Station Dash Raises $4.9 Million

Los Angeles digital radio platform Dash Radio Inc. has raised $4.9 million in equity securities, according to an Oct. 18 Securities and Exchange Commission filing.

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Tastemade Raises $35 Million in Latest Funding Round

Tastemade, a Santa Monica-based digital video company raised $35 million in a Series E round, the company announced Oct. 17.

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'Hamilton' Designer to Direct Projects for USC Shoah Foundation

David Korins, the designer of Broadway hit “Hamilton” will be the USC Shoah Foundation’s creative director on several of the foundation projects and exhibits, Korins said in an interview Oct. 17.

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Shamrock Buys Catalog of Pop Hit Makers Stargate

Westwood-based investment firm Shamrock Capital announced Oct. 16 that it has acquired the song writing and production catalog of Stargate, a duo that has worked for years with Rihanna, and also penned hits for Beyonce and Katy Perry.

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