LA TRAVEL LEISURE

Recent and archived news stories on: Airports, Cruises, Entertainment, Hotels, Gaming, Restaurants, Sports, Sightseeing, Theme Parks...

New Funds Put Focus on Entertainment’s Future

FINANCE: Vision, Struans see e-sports, virtual reality as means to score big returns. Two new investment firms look to bank on the future by backing millennial-focused content creators.

Creative Artists Agency Partners With China’s CMC Capital

Creative Artists Agency has partnered with China’s CMC Capital Partners, a leading investment fund in the media and entertainment, internet and mobile, and lifestyle sectors.

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RadPad Ordered to Pay $60.5 Million Judgment to Craigslist

A final $60.5 million judgement was issued against RadPad Inc. after the upstart was found liable for unlawfully scraping apartment listings and spamming users of rival Craigslist Inc.

Chef Nobu, Larry Ellison, and Robert De Niro Open Nobu Ryokan Hotel in Malibu

There are some boldface names behind the opening of the Nobu Ryokan hotel on Carbon Beach in Malibu later this month.

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PBS SoCal’s KOCE-TV Earns $49 Million in FCC Auction

PBS SoCal’s KOCE-TV public broadcasting station is among 175 nationwide winners of the Federal Communications Commission’s first-ever Broadcast Incentive Auction.

FilmL.A. Reports First Quarter Declines in On-Location Shooting

On-location filming in Greater Los Angeles decreased by 2.1 percent in the first quarter of 2017, according to statistics released today by FilmL.A. Inc. Among all filming categories, on-location feature film production suffered the steepest quarterly decline, slipping 36 percent and dropping to levels not seen since 2012. The decline occurred despite increase in tax credit use, the film office said.

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Garcetti Lauds Netflix’s California Commitment

Netflix Chief Content Officer Ted Sarandos said the company intends to bring as much Netflix production as possible to California.

Michael Ferro Suggested LA Times Sale to Patrick Soon-Shiong, Lawyer Says

Tronc Inc.’s second-largest shareholder slung another missive at the Chicago media company on Friday in a fast-escalating war of words over the future of its flagship newspaper, the Los Angeles Times.

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Easter May Deliver Hopped-Up Sales

Holiday’s later date could spur shoppers to put even more in baskets, according to retail group

Industry group expects Easter’s later date to egg on shoppers to increase their holiday spending.

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Tronc Open to Soon-Shiong Offer for Company; Won’t Sell L.A. Times Alone

Chicago media company tronc Inc. said in a public filing on Thursday that it would be open to considering a proposal from its second-largest shareholder, Patrick Soon-Shiong, to buy out the company in order to own its trophy publication, the Los Angeles Times.

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MGM Buys Out Viacom, Lionsgate Stakes in Epix for $1.03 billion

MGM Holdings Inc. announced Wednesday it is taking over premium channel Epix in a $1.03 billion acquisition of the 80.9 percent stake in the company it doesn’t already own.

Austrian, Polish Airlines Launching Service at LAX

For L.A. travelers seeking Old World charm, two European airlines are starting their first flights out of the Los Angeles International Airport.

Spotify, Universal Music Agreement Offers Album First Dibs to Subscribers

Music streaming service Spotify and Universal Music Group announced a multiyear global license agreement Tuesday that will allow Universal artists the option to release new albums to premium subscribers for two weeks before public distribution.

Tronc Shares Climb as It Pushes Back at Soon-Shiong

Shares of tronc Inc., parent of the Los Angeles Times, jumped 4.6 percent on Monday after the company pushed back against claims of unfair treatment by Patrick Soon-Shiong, its second-largest shareholder.

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Extended Stay Pays for Hotels

HOSPITALITY: King’s move to China yielded investors.

Developer Grant King checked in with Chinese investors to back his Hollywood hotel projects.

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