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The Ace Hotel in downtown L.A.’s Broadway Theater District has been sold for $103 million to Chesapeake Lodging Trust. The Annapolis, Md., real estate investment trust entered into a new management agreement with Ace Hotel Group to continue to operate the hotel.
Entertainment giant Live Nation has increased its portfolio of music festivals by buying a controlling stake in Bonnaroo, one of the largest in the country.
The number of passengers traveling through Los Angeles International Airport continued to climb last month. More than 6 million travelers passed through the airport in March, up 4.2 percent from 5.8 million travelers in the same month in 2014.
The Los Angeles Planning Commission unanimously recommended on Thursday that a proposed sound stage complex in Sun Valley receive a conditional use permit and required variances from zoning rules.
Television ads for Verizon’s new pay-TV package service, FiOS Custom TV, have been pulled from Disney-owned channels.
Technicolor S.A. and Deluxe Entertainment Services Group Inc. announced Thursday an agreement to create a digital cinema joint venture.
DreamWorks Animation’s AwesomenessTV online teen network will launch a second network later this year aimed at mothers in the millennial generation.
Antony Ressler, the chief executive of Century City private equity and debt firm Ares Management, has agreed to buy the National Basketball Association’s Atlanta Hawks for about $850 million, sources told ESPN.
In a quest to make their merger more attractive to the Federal Communications Commission, telecom giant AT&T and El Segundo satellite TV provider DirecTV are stressing to the commission how their combined assets would be beneficial to consumers.
The Daily Breeze, the daily newspaper coving Los Angeles County’s South Bay, has won a Pulitzer Prize for local reporting.
Imax Corp. and Burbank’s Warner Bros. Pictures have extended their partnership for a further five years with a deal to release up to 30 of the studio’s biggest upcoming films in Imax’s special presentation format.
DreamWorks Animation SKG Inc. Chief Executive Jeffrey Katzenberg took a 53 percent cut in his salary in 2014 after not receiving performance-based incentives, according to documents filed with the Securities and Exchange Commission.
Saying they don’t have enough tools or manpower to do their work, about 175 employees of Chicago, Ill. airline catering company Flying Food Group protested Tuesday outside one of the company’s kitchens in Los Angeles.
Location filming in the Los Angeles area dropped 3 percent in the first quarter of 2015, with the biggest decrease coming from feature film production, according to a report released Tuesday by FilmL.A.
Briefs: City Attorney’s Office Closes 500 Medical Marijuana Shops, Lions Gate Entertainment Corp. to launch Comic-Con channel
Feuer Touts Medical Marijuana Store Closures Around 500 medical marijuana shops have been closed by the Los Angeles City Attorney’s office over the past 12 months, City Attorney Mike Feuer announced on Thursday.