Netflix to raise another $1.5 billion for original content; Postmates creates 2,000 jobs in Los Angeles; Boeing invests in Morf3D.
Ares Management, a Los Angeles-based asset management company, added 159,000 square meters of office space across seven properties in Germany, the Netherlands, Austria and Finland to its real estate portfolio. The company declined to disclose the purchase price.
Saviynt raises $40 million; Snoops Dogg’s Casa Verde invests in Green Bits; USC earns top-10 spot for video game development programs.
The University of Southern California ranked No. 2 on a list of top 10 universities for video game development programs, according to Sherman Oaks-based 80 Level, an online publication covering the gaming industry.
Canter’s Deli heir confronts online order frenzy with new streamlined app
Canter’s Deli has been a Los Angeles staple since 1931 and still serves the classic fare that helped make the restaurant an iconic Los Angeles hangout.
COMMUNICATIONS: Strong economy, tax revenue keys
How L.A. advertising, lobbying and public relations firms performed in 2017.
Surf Air, the Los Angeles-based airline that offers unlimited flights for a monthly subscription, announced partnerships with JetClass and BLADE, giving customers access to additional domestic and international locations.
TheWaveVR raises $6 million for Los Angeles office; PatientPop adds to leadership team; Snapchat seeks boost in advertisement revenue with Shoppable AR.
Tala raises $65 million to move into Mexico and India; Hyperloop lands deal for first commercial Hyperloop system in UAE; j2 Global acquires ThreatTrack, Lifescript.
PMK*BNC, the largest public relations firm in Los Angeles, according to the Business Journal’s 2018 list based on number of employees in L.A. County, announced that Michael Nyman, the current co-chief executive and co-chairman, will be leaving the firm to start Acceleration, an investment and advisory firm focused on marketing and media. No timetable has been announced for his departure.