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Los Angeles International Airport officials on Tuesday announced a massive airline relocation plan for May involving 21 airlines moving to different terminals or to different locations within terminals.
L.A. biotech billionaire Patrick Soon-Shiong has upped his stake in Los Angeles Times parent tronc Inc. to 24 percent, nearly overtaking majority shareholder Michael Ferro in a move that may further stoke rumors he could be positioning himself to make a run at the company.
The name posted on L.A.’s five ShopHouse Southeast Asian Kitchen restaurants is about to change, but the food will remain similar now that another Asian restaurant concept has taken over the leases.
Los Angeles Times parent company tronc Inc. is reportedly forcing out its vice chairman and second-largest shareholder, L.A. biotech billionaire Patrick Soon-Shiong.
Residents of L.A.’s urban jungle will soon have access to more open green space.
Last week, Los Angeles Times parent company tronc Inc. was in talks to buy celebrity magazine Us Weekly for $85 million to $95 million, but media analyst Ken Doctor says the deal is off.
The Washington Blade, the nation’s oldest LGBT newspaper, plans to launch a sister publication in Los Angeles.
West Hollywood’s Sunset Tower Hotel is slated to sell to a long-time stakeholder after going on the market last month. Hotelier Jeff Klein, who owns just under a quarter of the Sunset Strip property, is in escrow to buy the remaining stake for about $75 million, according to sources familiar with the deal. That would make the building’s full value $95 million, or $1.2 million a room.
Eldridge Industries’ much ballyhooed $1 billion deal to sell Dick Clark Productions to China’s Dalian Wanda Group is off.
INTERNET: Social Media Giant Not Playing to Make Friends
Snap may have little legal recourse as Facebook scores big with cloned Snapchat features.
ICM Partners has hired political strategist Hannah Linkenhoker to offer advisory services to clients interested in issue-oriented political engagement, the talent and literary agency announced Wednesday. Linkenhoker joins the agency from NMA Consulting Partners, which has offices in L.A. and San Francisco, where she has served as managing director since 2015.
Tronc Inc. is in talks to buy celebrity magazine Us Weekly for $85 million to $95 million, according to media analyst Ken Doctor.
NBCUniversal made a strategic investment of $500 million in Snap Inc. as part of the Venice app maker’s initial public offering on Thursday.
Gamers have become hot commodities as e-sports teams make a play for a bigger audience.