Los Angeles Business Journal


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

Universal Plans Beijing Theme Park

Universal Studios announced on Monday plans for a theme park in suburban Beijing that will open in 2019.

Saudi Prince Backs Euro Disney Deal

A Saudi Arabian prince, the second largest investor in Euro Disney, is backing a recapitalization plan for the company’s struggling theme park outside Paris.

Ora TV Looks to Expand Online Network

After Larry King retired from CNN a few years ago, he moved his show to an unlikely destination: Ora TV, an upstart Internet network launched two years ago with backing from the world’s richest man, Carlos Slim Helú. Now, Ora is expanding far beyond the realm of news talk and churning out celebrity and infotainment programming as it tries to become a larger player in the online entertainment world.

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Work/Life Balance: David Dunphy

Principal of Santa Monica design firm Studio, on staying calm in L.A. traffic and making time to eat locally – outside of the office.

David Dunphy, 56, is a principal at the hospitality design firm Studio in Santa Monica, a division of Hirsch Bedner Associates. In addition to projects in San Francisco and Camarillo, Dunphy leads a team working on three local hotels: a Courtyard and Hampton Inn in Santa Monica, and Plaza La Reina Hotel in Westwood. Dunphy has spent more than 30 years working in a deadline-driven business, and has learned how to juggle multiple projects while carving out time for water sports. We spoke with Dunphy about how he maintains his calm as the projects pile up.

Surf Air Expands to Carlsbad and Oakland

Private membership airline Surf Air announced Monday that it will expand its service both north and south of Los Angeles – to Carlsbad in November and to Oakland in December.

Walt Disney to Rescue Euro Disney with $1.25 Billion Infusion

Walt Disney Co. announced Monday a proposed $1.25 billion investment in its struggling Euro Disney operation and the Disneyland Paris theme park.

Playboy Latino to Launch in December

Playboy Enterprises of Beverly Hills announced on Monday it has reached a deal with a Los Angeles publishing house to produce Playboy Latino, a bimonthly magazine that will be written primarily in Spanish.

Dune Capital’s Mnuchin Buys Stake in Relativity, Becomes Co-Chairman

Relativity Media, the Beverly Hills film and entertainment company led by Ryan Kavanaugh, announced Thursday that Kavanaugh, Dune Capital Partners and Dune Capital founder Steven Mnuchin have agreed to buy out much of Elliott Management’s stake in the studio.

Disney Chief Accepts Contract Extension

Walt Disney Co. Chief Executive Robert Iger accepted on Thursday a two-year contract extension through June 2018.

SoftBank Invests $250 Million in Legendary

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.

Hotels to Fight L.A. Minimum Wage Ordinance

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 Shakes Up KNX and KRTH

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.

LAX On Course for Record Pace

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.

Judge Dismisses McRO Suits Against Activision, Disney, Warner Bros.

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.

Marvel Settles Superheroes Lawsuit

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.