LABJ WEEKLY EDITION
MEDIA: Patrick Soon-Shiong looks to take Times high-tech.
New Los Angeles Times investor Patrick Soon-Shiong sees his adapted medical tech providing a healthy boost to the paper.
Federal judge’s ruling against the California Resale Royalty Act could prove a costly blow to artists.
Paul Ferrante founder Tommy Raynor still takes shine to business.
After 60 years, firm Paul Ferrante is still proving a bright idea for founder Tommy Raynor.
John Quinn to hook up museum visitors with broken relationships.
Attorney John Quinn is introducing the Museum of Broken Relationships to the heart of Hollywood.
Omar Spahi recently sold a $4.4 million co-op in Santa Monica under the bright camera lights of Bravo’s reality show “Million Dollar Listing.”
FILM: Annual festival looks to play role in promoting women, minority talent.
The 2016 L.A. Film Festival, which starts Wednesday and will go through June 9, is expected to draw 90,000 attendees united by an interest in discovering and supporting independent filmmakers.
INVESTMENT: Some works require upkeep, often fail to generate sizable returns.
For some collectors, artworks serve to provide financial as well as emotional payoffs.
ENTERTAINMENT: Linking artists, projects cuts into galleries’ traditional role.
Talent agencies look to carve out a role in connecting artists to branding and other projects.
Five decades into career, Charles Arnoldi still spends six days a week in studio without an eye on sale prices
Charles Arnoldi invests time in his career without concern for big paydays.
GOVERNMENT: Some like to have say in how levy on their projects will be spent.
Some L.A. developers have embraced the city’s 1 percent levy to fund public art projects in the city.
ART: Father of Simpson sisters creates works taking cues from Andy Warhol.
Joe Simpson, father and manager of singer-actresses Jessica and Ashlee Simpson, is out to reinvent himself as the Andy Warhol of Los Angeles, having taken on a new career as an artist.
SHIPPING: Project labor agreement sets 40 percent quota for construction jobs.
More local workers will be hired for construction projects at the Port of Long Beach under a plan approved by the Board of Harbor Commissioners.
Calendar of events
SALE: Granite pairs up adjacent properties with $80 million acquisition.
Granite Properties has purchased a 21-story Glendale office tower at 550 N. Brand Blvd. for just under $80 million, bulking up its Tri-Cities portfolio.
The impact of the arts on the region is great, and extends well beyond economics.
The Broad, other local institutions have helped start dialogue in region on true value of art to the public.
Museum supporter and founder Eli Broad sees value in reaching out and connecting with L.A.’s diverse population.
Paul H. Irving touts a city and state initiative that will help the region better serve and connect with its aging residents.
INTERNET: Saatchi Art’s site offers virtual opening to promote, sell works.
Websites such as Saatchi Art offer artists a new way for their works to click with collectors.
LOCATION: Arts District proves popular home for places to showcase works.
Downtown L.A.’s Arts District shows it can hang with other cities as a home to galleries.
MANUFACTURING: Gemini still hailed as producer of fine prints.
Gemini G.E.L. is marking 50 years of providing its services in exchange for a few signed prints.
EXHIBITION: Competitive new arrivals draw mixed reaction from old guard.
Influx of new galleries complicates the picture for longtime operators.
REAL ESTATE: Inglewood’s low costs big draw for studios.
Inglewood fielded an artists’ enclave long before pro football came knocking for a stadium.
FOOD: Rents rise for produce wholesalers under new landlord.
Wholesalers fear being boxed out by 7th Street Produce Market’s rising rents.
HOSPITALITY: PodShare hopes tight space stacks up as business.
PodShare has found room in the temporary residential market with its low-cost shared spaces.
Gary Privitera’s firm high on opportunities beyond just detailing.
Gary’s Aircraft Detailing says business has taken off with the addition of new services.