Penske Media Corp. Acquires Sourcing Journal

In a move to expand its fashion and retail business coverage, Penske Media Corp. and its subsidiary Fairchild Media have acquired Sourcing Journal, a trade publication for apparel and textile executives focused on sourcing and manufacturing.

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AirBnB to Generate Nearly $1B in L.A. County Activity, Study Says

L.A. County AirBnB host revenue and visitor spending will generate about $906 million in overall economic output annually, according to a study from the Los Angeles County Economic Development Corp.

E-Sports Operator Cloud9 Raises $25 Million from WWE, Others

E-sports franchise operator Cloud9 of Los Angeles announced Monday that it had raised a $25 million Series A round from World Wrestling Entertainment Inc. and a collection of other investors.

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Randy Freer to Succeed Mike Hopkins as Hulu CEO

Fox Networks Group executive Randy Freer has been named chief executive of Hulu effective Monday.

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ICM Partners Acquires Control of Royce Carlton Speakers Agency

ICM Partners is expanding its reach into the speakers’ business by acquiring a majority interest in New York independent speakers’ agency Royce Carlton Inc.

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Interjet to Add Flights from LAX to Mexico

Mexican airline Interjet announced Monday it is adding flights next month from Los Angeles International Airport to Los Cabos, Puerto Vallarta and El Bajio in Mexico.

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Available Hotel Rooms Near L.A. Convention Center Doubled in Last Five Years

The number of hotel rooms available or under construction around the Los Angeles Convention Center doubled to more than 5,000 rooms over the past five years, according to a study released yesterday by Councilmember Jose Huizar, who represents downtown.

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International Association of Film Commissioners Announces New Leadership, Plans to Centralize Operations in Los Angeles.

The Association of Film Commissioners International will undergo a major restructuring that includes new leadership and plans to centralize its operations in Los Angeles, the organization announced Friday.

Voice Media Group Sells LA Weekly to Semanal Media

Voice Media Group has reached an agreement to sell its LA Weekly newspaper business to downtown-based Semanal Media, according to sources with knowledge of the deal. Terms of the sale were not disclosed.

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L.A. Location Filming Down 3.5 Percent in Third Quarter

On-location filming in Greater Los Angeles decreased 3.5 percent in the third quarter compared to the same period in 2016, according to a FilmL.A. report released today.

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Samsung Eyes Content, Leads $8.3 Million Round for Pluto TV

Pluto TV, a free internet television service, has raised another $8.3 million in a round led by Samsung Venture Investment Corp., the venture capital arm of Samsung Group.

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Barrack’s Colony Capital in Talks to Buy Weinstein Co.

Cash infusion precedes possible equity deal for beleaguered firm

The Weinstein Co. is in talks to sell part or all of its assets to Colony Capital and said Colony had agreed to make an immediate cash infusion in the production company.

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Fandango to Acquire

Online movie ticket seller Fandango announced on Friday that it reached an agreement to acquire of Boca Raton, Fla. Terms of the transaction were not disclosed.

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JetSuiteX Adds Public Charter Flights from Burbank to Oakland

Irvine public charter service JetSuiteX announced Thursday it is adding flights from Burbank Hollywood Airport to Oakland International Airport starting in mid-November.

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L.A. Times Names New Editor-in-Chief, President

Lewis D’Vorkin has been named editor-in-chief of the Los Angeles Times and Mickie Rosen has been named president of Los Angeles Times Media Group, the company announced Monday.

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