Los Angeles Business Journal

LA TRAVEL LEISURE

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

DreamWorks Animation Announces Manila Venture

DreamWorks Animation SKG Inc. will design an education entertainment attraction for a resort complex to open this year in Manila, the company announced Thursday.

NBA Moves Against Sterling

The National Basketball Association on Monday announced it was moving forward with the plan to allow team owners to decide whether Donald Sterling can keep ownership of the Clippers.

Two L.A. Execs Push a Seattle Hockey Team

Two prominent L.A. businessmen are trying to bring a National Hockey League franchise to Seattle.

'Avatar' 3-D Camera Supplier Purchased

VER, an entertainment industry equipment supply house in Glendale, has acquired Cameron-Pace Group, a Burbank joint venture that supplied 3-D cameras to “Avatar” and other James Cameron films, according to media reports on Thursday.

Strip Club Evacuated After Oil Pipe Burst

A Thursday morning oil spill that sent 10,000 gallons of crude oil spewing skyward over Atwater Village forced the evacuation of a strip club.

Fandango Deals Add 1,000 Screens to Service

West L.A. online movie ticketing firm Fandango has made deals with three new theater chains, adding 1,000 screens to its ticketing service, the company announced Thursday.

Quixote Studios Buys Equipment Firm

Quixote Studios of West Hollywood has purchased Movie Movers, a Sun Valley production equipment firm, Quixote announced Wednesday.

OpenGate Buys Three Coupon Publications

Century City buyout firm OpenGate Capital has purchased three Southern California coupon and advertising publications, the company announced Monday.

Daily Journal Reports Loss

Downtown Los Angeles legal publisher Daily Journal Corp. company reported a loss of $473,000 (-27 cents) for six months ended March 31, compared with net income of $2.9 million ($1.44) for the same period a year earlier. Revenue was $20.8 million, up 20 percent.

Calendar--Week of May 12

Upcoming calendar of events.

Business Veteran Takes Charge of Clippers

The National Basketball Association has named a prominent African-American businessman as interim chief executive of the Clippers, NBA Commissioner Adam Silver announced Friday. The appointment is effective immediately.

Report: Apple Eyes $3.2 Billion Bid for Beats

Apple Inc. reportedly is looking to acquire Dr. Dre’s Beats Electronics, the Santa Monica maker of premium headphones that earlier this year launched a subscription-music service.

Seacrest Buys Marketing and PR Firm

Ryan Seacrest’s investment firm, Seacrest Global Capital, has acquired marketing and PR firm Culture Shop through a subsidiary, Seacrest’s company announced Thursday.

Saban Announces ‘Power Rangers’ Film

Billionaire Haim Saban is announced a partnership with Lions Gate Entertainment Corp. on a theatrical film based on the 1990s children’s TV show that launched his media empire.

NBCUniversal Agrees to $7.6B Olympic Deal

NBCUniversal will continue broadcasting the Olympic Games in the United States through 2032 under a $7.6 billion deal announced Wednesday with the International Olympic Committee.