Los Angeles Business Journal


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Hard to Swallow

DINING: Restaurant owner Jonathan Mgaieth says landlord failed to disclose lead paint, other toxins at property. French restaurateur’s American dream turned toxic after mold, asbestos and lead paint were found at his eatery’s building.

By Cale Ottens October 20, 2014 midnight   $$ Share

Art of the Deal: CAA Trades Majority Stake

Creative Artists Agency announced Monday that minority owner TPG Capital of Fort Worth, Texas, had agreed to increase its investment in CAA to a majority position.

Lions Gate, Tribeca to Offer On-Demand Service

Santa Monica independent studio Lions Gate Entertainment Corp. and New York media company Tribeca Enterprises will partner on a new digital subscription video-on-demand service, the companies announced Monday.

L.A. Times Brings Back ‘California’

The Los Angeles Times is bringing back its California section after a five-year hiatus, the Times announced Monday.

L.A. Times Launches Roku Channel

The Los Angeles Times on Thursday launched an Internet-TV channel available on Roku set-top boxes.

Warner Bros. to Slash Budget by $200 Million

Warner Bros. Entertainment will cut about $200 million from its budget, its chief executive said Wednesday to investors.

Warner Bros. Joins Group to Invest in Chinese Entertainment

Warner Bros. Entertainment announced on Tuesday that it is creating a partnership to make investments in Chinese and other international film and television content.

Universal Plans Beijing Theme Park

Universal Studios announced on Monday plans for a theme park in suburban Beijing that will open in 2019.

Saudi Prince Backs Euro Disney Deal

A Saudi Arabian prince, the second largest investor in Euro Disney, is backing a recapitalization plan for the company’s struggling theme park outside Paris.

Ora TV Looks to Expand Online Network

After Larry King retired from CNN a few years ago, he moved his show to an unlikely destination: Ora TV, an upstart Internet network launched two years ago with backing from the world’s richest man, Carlos Slim Helú. Now, Ora is expanding far beyond the realm of news talk and churning out celebrity and infotainment programming as it tries to become a larger player in the online entertainment world.

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Work/Life Balance: David Dunphy

Principal of Santa Monica design firm Studio, on staying calm in L.A. traffic and making time to eat locally – outside of the office.

David Dunphy, 56, is a principal at the hospitality design firm Studio in Santa Monica, a division of Hirsh Bender Associates. In addition to projects in San Francisco and Camarillo, Dunphy leads a team working on three local hotels: a Courtyard and Hampton Inn in Santa Monica, and Plaza La Reina Hotel in Westwood. Dunphy has spent more than 30 years working in a deadline-driven business, and has learned how to juggle multiple projects while carving out time for water sports. We spoke with Dunphy about how he maintains his calm as the projects pile up.

Surf Air Expands to Carlsbad and Oakland

Private membership airline Surf Air announced Monday that it will expand its service both north and south of Los Angeles – to Carlsbad in November and to Oakland in December.

Walt Disney to Rescue Euro Disney with $1.25 Billion Infusion

Walt Disney Co. announced Monday a proposed $1.25 billion investment in its struggling Euro Disney operation and the Disneyland Paris theme park.

Playboy Latino to Launch in December

Playboy Enterprises of Beverly Hills announced on Monday it has reached a deal with a Los Angeles publishing house to produce Playboy Latino, a bimonthly magazine that will be written primarily in Spanish.

Dune Capital’s Mnuchin Buys Stake in Relativity, Becomes Co-Chairman

Relativity Media, the Beverly Hills film and entertainment company led by Ryan Kavanaugh, announced Thursday that Kavanaugh, Dune Capital Partners and Dune Capital founder Steven Mnuchin have agreed to buy out much of Elliott Management’s stake in the studio.

Disney Chief Accepts Contract Extension

Walt Disney Co. Chief Executive Robert Iger accepted on Thursday a two-year contract extension through June 2018.