Los Angeles Business Journal

LA TRAVEL LEISURE

Recent and archived news stories on: Airports, Cruises, Entertainment, Hotels, Gaming, Restaurants, Sports, Sightseeing, Theme Parks...
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Tronc Reports 20 Percent Jump in Second-Quarter Net Income

In its first earnings call since launching as tronc the rebranded Chicago owner of the Los Angeles Times reported a nearly 20 percent jump in second-quarter net income on Wednesday, with expansive cost-cutting efforts to thank as the media giant looks to its digital future.

Oprah Production Benefits from New Film and Television Tax Credits

Oprah Winfrey’s upcoming Disney film is among the 28 beneficiaries named in the latest round of California’s Film and Television tax credits, which were announced Tuesday by the California Film Commission.

Funny Or Die Cuts Impact Nearly A Third of Staff

Comedy website Funny Or Die is laying off 37 of its staffers and closing its San Mateo office as it refocuses its resources on creating content.

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Knockout Opportunity

FITNESS: Sale of UFC to WME/IMG may boost franchising.

The purchase of Ultimate Fighting Championship by WME/IMG may boost the prospects for franchisees of its branded gyms.

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Animation House Drawn to Project

Foray into hybrid live-action series, a first for firm, makes its debut at Comic-Con.

Hollywood animation studio Titmouse is generating buzz for its forthcoming Fox sitcom “Son of Zorn.”

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Good Times

Norman Lear, 94, is still at it, producing a new version of an old hit, hosting shows, and worrying about Trump

Legendary TV producer Norman Lear talks updating a classic show, creating provocative content, and his fear of Donald Trump.

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Still Game

American Olympians, young Angelenos benefit from ’84 event

The financial legacy of the 1984 Olympic Games in Los Angeles lives on as local leaders continue their effort to secure the 2024 summer games.

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Network’s Olympic Effort Has Station Seeing Gold

BROADCASTING: KNBC has doubled the size of its team covering Rio games.

KNBC is doubling down on its coverage of the Summer Olympics as ad dollars help bring home the gold.

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‘Suicide Squad’ to Breathe Life Into Box Office

FILM: Warner Bros.’ anti- heroes expected to break summer ticket sale record.

Star-studded supervillain movie “Suicide Squad” looks set to save the summer box office by opening to record numbers this weekend.

Sports Museum Makes Another Pitch for Fans

HOSPITALITY: Collector revives memorabilia venue after seven-year hiatus.

As the Dodgers mire through the dog days of summer, sports collector Gary Cypres is trying to ignite a passion for baseball among younger generations.

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Scopely Closes Series B as Mobile Games Spur Race for Partnerships

Mobile game producer and distributor Scopely has closed a $55 million Series B funding round, bringing its total equity funding to $99 million.

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Mattel Reports Strong ‘Ghostbusters’ Sales Amid Disappointing Q2 Results

Mattel Inc. is ready to believe in the new “Ghostbusters.” On Friday, the El Segundo-based toymaker reported strong sales figures that have “exceeded expectations” for its “Ghostbusters” action figures and movie-inspired replica items such as the Ecto vehicle and the Proton pack. The announcement was originally reported by Variety.

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Hitching Ride at Theme Parks

MARKETING: Index sees sites as major attractions for toy sales.

Index Promotions looks to ride the theme park boom into more custom merchandise orders.

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Radio, TV Broadcaster Tops Chart

INVESTMENT: Entravision hits No. 1 on list of most profitable.

Spanish-language radio and TV broadcaster Entravision dialed up its performance to top the Business Journal’s list of most profitable public companies.

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Paper Delivers With Internet

Los Angeles Times has found social media more welcoming than local TV news rivals.