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Walt Disney Co. Chief Executive Robert Iger accepted on Thursday a two-year contract extension through June 2018.
Tokyo telecom giant SoftBank Corp. will invest $250 million in Burbank’s Legendary Entertainment in a deal that values the studio at roughly $3 billion, according to a report.
The hotel industry is making good on its promise to fight the new Los Angeles minimum wage ordinance for workers at large hotels.
CBS Radio has cut a program director and several on-air hosts at news station KNX-AM (1070) and oldies station KRTH-FM (101.1) as it seeks to improve ratings.
Passenger counts at Los Angeles International Airport continued to climb last month, and the airport remains on pace to break its passenger traffic record, according to figures released Monday.
Activision Publishing, a unit of videogame publisher Activision Blizzard Inc. in Santa Monica, has defeated an infringement suit involving two patents for lip synchronization of animated characters.
The family of comic book artist Jack Kirby and Marvel Entertainment said Friday they have settled a lawsuit over ownership rights to some of Hollywood’s most popular superheroes, including the Incredible Hulk and Spider-Man.
DirecTV shareholders on Thursday signed off on AT&T’s $48.5 billion acquisition offer, DirecTV announced Thursday.
Los Angeles content distributor Cinedigm Corp. is selling back its Hollywood Software unit to an investor group led by David Gajda, one of the software company’s founders. Financial terms of the all-cash deal were not disclosed.
Over strenuous objections from business groups, the Los Angeles City Council on Wednesday voted to hike the minimum wage for workers at large nonunion hotels to $15.37 an hour.
Every week the Los Angeles Business Journal asks readers their views on a variety of business and economic issues. A running tally is available on the site and later will be published in the Commentary section of our print edition.
British hospitality company InterContinental Hotels Group announced Tuesday that it would operate the hotel atop the $1.1 billion Wilshire Grand project in downtown Los Angeles.
Beverly Hills’ Metro-Goldwyn-Mayer Studios announced on Monday it has acquired a 55 percent interest in One Three Media and LightWorkers Media, the production companies behind “Survivor” and History Channel miniseries “The Bible,” respectively.
Warner Bros. Entertainment announced on Monday a restructuring of the office handling the studio’s relations with trade unions and guilds.
Gov. Jerry Brown on Thursday signed a bill to more than triple funding for California's film and TV tax-credit program.