Los Angeles Business Journal


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Production Executive Sees Starring Role for Diversity

ENTERTAINMENT: Charles King discusses opportunities in multicultural projects.Show-biz vet Charles King sees a big role for multicultural projects at his Macro production firm.

By Hannah Miet January 26, 2015 midnight   Share

AHF Demands L.A. County Enforce Condom Law

The AIDS Healthcare Foundation sent a letter this week to Los Angeles County officials asking that the county begin enforcing mandatory condom usage for adult film shoots – or face legal action.

Investments Keep Daily Journal in Black

Daily Journal Corp. saw its operating income slide into the red in its last quarter, but eeked out a profit thanks to its investment portfolio.

Lions Gate in Talks with Chinese Broadcaster About $1.5 Billion Deal

Santa Monica’s Lions Gate Entertainment is in advanced talks with China’s second-largest broadcaster, Hunan TV & Broadcast Intermediary Co., about a deal that would see the companies invest a combined $1.5 billion in film production and distribution over a three-year period.

LAX Sees Record 2014

Last year was the busiest ever for Los Angeles International Airport, breaking the record it set all the way back in 2000, airport officials said Tuesday.

Voice Media Selling OC Weekly, Keeping LA Weekly

Voice Media Group, which publishes LA Weekly, OC Weekly and other alt-weekly properties, hired Santa Fe, N.M., investment bank Dirks Van Essen & Murray to “explore new strategies,” including the sale or acquisition of its publications, the company announced Tuesday afternoon.

Injunction Seeks to Block L.A. From Implementing Hotel Wage Law

Two trade groups representing large hotels in Los Angeles announced they have filed for a preliminary injunction to block the city from implementing its hotel wage hike until their lawsuit against the city is resolved.

City Charges Music Manager in Talent Scam

Los Angeles is moving to crack down on talent scams against aspiring entertainers being charged outrageous amounts for Hollywood representation.

DreamWorks Lays Off 500, Top Execs Leave

Two top executives are leaving and 500 employees are being laid off at DreamWorks Animation SKG after yet another poor box office showing, the studio disclosed in a regulatory filing on Thursday.

Woven Digital Scores Dime Magazine

Online publisher Woven Digital of Culver City has acquired basketball news publication Dime Magazine to help expand the sports division of its biggest web property Uproxx.

Proud Bird at LAX Signs 20-Year Lease Extension

The historic Proud Bird restaurant at the Los Angeles International Airport, which had been rumored to be closing after failing to agree to a long-term lease with airport operator Los Angeles World Airports, isn’t taking off after all.

Location Filming in L.A. Rose 10 Percent Last Year

On-location filming in the Los Angeles area increased 9.6 percent last year with television dramas showing the biggest leap, according to a report released Tuesday by FilmL.A.

Burbank Airport Marriott Sells for More Than $100 Million

The Los Angeles Marriott Burbank Airport hotel, the second-largest in the Valley at 488 rooms, has changed hands for more than $100 million, the buyer announced on Monday.

L.A. Breaks Tourism Record in 2014

More than 43 million tourists visited Los Angeles County in 2014, the fourth year in a row the county has broken its tourism record, according to figures released Tuesday. Los Angeles International Airport is also expected to report record numbers for the prior year later this month.

Former Disney Exec to Lead KCET

A former Walt Disney Co. executive was named on Monday as chief executive of KCETLink Media Group, owner of independent public television station KCET.

DreamWorks Names New Animation Chiefs

The producers of two of the most successful film franchises at DreamWorks Animation SKG Inc. have been named as co-presidents of feature animation, replacing the former animation chief at the Glendale studio, which has suffered poor box-office results.