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Matthew Blake

Stories by Matthew

Rams/Chiefs a Biz Boon?

SPORTS: Economists say L.A. move no game-changer

Monday night’s National Football League matchup between the Los Angeles Rams and the Kansas City Chiefs was expected to generate tens of millions of dollars for Mexico City’s economy.

Universal Music Makes Africa Streaming Play

Deal with Boomplay gives record label access to No. 1 music app on continent

Universal enters African music streaming market with Boomplay deal.

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Fox Sports Inks MLB Deal to 2028

Century City-based Fox Sports, a subsidiary of 21st Century Fox Inc., announced Nov. 15 that it signed a contract with Major League Baseball

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Fox Sports Extends Relationship With MLB Until 2028

The “New Fox” has doubled down on Major League Baseball coverage.

Legendary Marvel Comics Creator Stan Lee Dies at 95

Massively impactful writer, editor, film executive, producer and publisher Stan Lee died at the age of 95 Nov. 12, at Cedars-Sinai Medical Center in Beverly Grove, according to multiple reports.

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Blazing Trail: Fast-Casual Restaurant Chain Blaze Pizza Continues Quick Rise

Fastest-Growing Private Companies 2018

Blaze Pizza reigns with King James

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Disney Readies For Sports Sale

MEDIA: Regional networks must go as part of Fox deal

Disney to sell off Fox’s regional cable sports networks.

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TMG Sells Pomona Apartment for More Than $10 Million

The Mogharebi Group announced Nov. 8 that it brokered the sale of Pomona’s Twin Palm Apartments for $10.4 million to W Mission Blvd Multi LLC, a company that incorporated in Manhattan Beach in August.

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Live Nation Announced Record Earnings in Third Quarter

Live Nation Entertainment Inc. announced that its 2018 third quarter was “the best quarter ever,” posting a record $3.8 billion in quarterly revenue, 11 percent higher than the 2017 third quarter.

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Report: Film Tax Credits Propelled Economic Increase

Study finds $357M in tax credits led to $2.6B in spending, $980M in wages

California’s motion picture tax credits – and the economic boost that they are credited for providing – have gone up each year since the program expanded in 2015, as the state competes with ramped up programs in Georgia and New York.

Soon-Shiong Proposes TV Channel for Times

Newspaper’s new owner envisions network, alliance with other media cos.

Los Angeles Times owner Patrick Soon-Shiong mentioned ambitious plans for the Times in a recent, little-noticed speech.

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WndrCo Investments Range Wide

MEDIA: Katzenberg’s short- format video play digs in

What does a restaurant-recommendation service, a long-form audio streamer located in the United Kingdom and a virtual private-network app have in common?

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Ad Analytics Start-Up EDO Raises $12 Million

Culver City company was founded by Kenso Tech’s Daniel Nadler and actor Edward Norton

Entertainment Data Oracle Inc., or EDO, a company that uses data collection and analysis to measure the effectiveness of TV ads, announced Nov. 1 that it raised $12 million in its first round of outside investment.

CBRE Launches Hana Division Focused on Short-Term Office Space Market

CBRE Group announced a new company division Oct. 31 that aims to pair property owners with businesses that need office space for a short time.

Beverly Hills Sports Agency Expands Into Sponsorship Deals, Naming Rights

Sports agency Independent Sports & Entertainment announced Oct. 30 that it will expand into property sales, hiring a former Cox Media Group executive to head up the division.

Spectrum News Starts Nov. 16

MEDIA: 24-hour channel to aim for underserved areas

Spectrum is launching a new 24-hour cable news channel.

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UCLA Buys Landmark Crest Theater in Westwood

Space will reopen as Nimoy Theater

UCLA announced Oct. 25 that they acquired for $5.9 million the 78-year-old landmark Crest Theater in Westwood, which the university stated they will make into an off-campus performing arts space.

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Katzenberg, Whitman Short-Form Video Platform Announces Headquarters

Quibi, the short-form video platform financed by Jeffrey Katzenberg and headed by Meg Whitman, will lease 49,000 square feet in Hollywood for its station headquarters, according to an Oct. 24 press release.

Drake to Co-Own Culver City E-sports Company

100 Thieves, a two-year-old Culver City company with a number of teams in e-sports leagues, announced Oct. 23 it has raised $25 million to date, and that it will now be co-owned by rap star Drake and music producer Scooter Braun.

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Architecture Firm Jerde Names New CEO

Prominent architecture firm Jerde Partnerships Inc. announced a leadership shake-up Oct. 22, naming Paul Martinkovic chief executive and moving current top executive John Simones to the position of board chairman.

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Oak View Adds Englander, Awaits NHL Decision

City councilmember comes aboard as facilities operator awaits hockey vote

Oakview taps City Council for talent.

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Rockers Steaming Over Streaming

ENTERTAINMENT: Some claim labels short on royalties

Streaming revenues are big enough for artists, labels to fight over.

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Digital Radio Station Dash Raises $4.9 Million

Los Angeles digital radio platform Dash Radio Inc. has raised $4.9 million in equity securities, according to an Oct. 18 Securities and Exchange Commission filing.

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'Hamilton' Designer to Direct Projects for USC Shoah Foundation

David Korins, the designer of Broadway hit “Hamilton” will be the USC Shoah Foundation’s creative director on several of the foundation projects and exhibits, Korins said in an interview Oct. 17.

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Net Gain?

Deals for studio space highlight robust demand, constraints

Recent real estate deals by Netflix highlight hot market, constrained outlook on studio space.

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Hologram USA-Made Reagan Hologram Debuts at Reagan Library

Ronald Reagan, the 40th president of the United States, will be the first president to have his own hologram, according to an Oct. 10 announcement of the Ronald Reagan Presidential Foundation and Library.

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UTA Launches Content Partnership

United Talent Agency announced Oct. 10 a joint venture with content creator Valence Media Group called Civic Center Media that will produce original and movies and TV shows.

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Gallery Offers Crypto-Exclusive Art Sale

Art dealer explores digital currencies as payment method for works

House of Fine Art pushes cryptocurrency for gallery purchases.

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Synergies for Saban?

ENTERTAINMENT: Buys into end-to-end Hollywood play

Haim Saban’s latest deal sets up camera-maker Panavision as an end-to-end player.

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Hollywood Post-Production Outfit Announces Equity Financing

Picture Head, a Hollywood-based post-production shop, announced recently a private equity investment from Trive Capital, a Dallas private equity group, and Five Crowns Capital, a Newport Beach private equity outfit.

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Prominent Entertainment Litigator Jumps to Quinn Emanuel

Robert Schwartz, who defends some of the world’s largest media and entertainment companies and personalities in litigation, has joined Quinn Emanuel Urquhart & Sullivan, departing from Irell & Manella.

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Deluxe Entertainment Consolidates Locales, Opens News Office in Hollywood

Motion picture post-production company Deluxe Entertainment Services Group Inc. is consolidating locations and opening a new office in Hollywood.

Live Nation’s Ticketmaster Sued for Alleged Partnership with Ticket Scalpers

A lawsuit alleges that Ticketmaster partakes in unfair business practices by encouraging scalpers to buy tickets in bulk, and then resell those tickets, a practice that enables Ticketmaster to collect a fee on the original sale plus the resale of the ticket.

High Times Acquires Regional Marijuana Magazine

The company behind High Times magazine announced Sept. 26 that it bought Dope Media, a Seattle-based cannabis lifestyle magazine.

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KCRW Parts Way With Director of Programming

Gary Scott is leaving as program director of KCRW 89.9 FM after six years as editorial head of the Santa Monica-based public radio station.

Artists Sue Sony Over International Streaming Payment Method

A Beverly Hills attorney filed a class action lawsuit in New York federal court on Sept. 25 alleging that Sony Music Entertainment Inc. underreports streaming revenues in international markets by giving money to subsidiaries that legally should go to the artist.

Billboard Expands Brand

Media: Media group buys music news site Amplify

Long Beach entertainment news website Amplify Media sells to Billboard Music Group.

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Live Nation Draws Ire of UK Trade Group

Company referred to British regulatory authority as it consolidates market share

Live Nation faces more scrutiny in the U.K.

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Telemundo No. 1 in Los Angeles Market

Telemundo Network’s KVEA (Channel 52) was the highest rated local news and prime time network in the 10 p.m. slot in the Los Angeles market for the prior broadcast season, the first time a Spanish language network was No. 1, according to Telemundo.

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Billboard Acquires Long Beach Live Music News Website Amplify

Billboard Music Group has acquired Amplify Media Inc., a live entertainment news website with offices in Long Beach, according to a Sept. 20 announcement by Billboard.

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Judge Denies Bid to Seal LA Weekly Lawsuit

A judge denied Sept. 18 LA Weekly publisher Brian Calle’s attempt to take out of the public record a lawsuit that LA Weekly co-owner David Welch filed against Calle and other LA Weekly investors.

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PacWest Bancorp Makes $467 Million Bank Buy

PacWest Bancorp, a Beverly Hills bank holding company, acquired El Dorado Savings Bank in a deal valued at $466.7 million, according to a press release.

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UTA Fine Arts Founder Josh Roth, 40

Josh Roth, who founded United Talent Agency’s Fine Arts Department, passed away at 40 years old, according to a company announcement Sept. 17.

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LA Entertainment and Digital Media Job Growth Outpaces National Rate

Los Angeles County is adding jobs in digital media and entertainment at a faster rate than New York City or nationally, according to a report released Sept. 17 by Beacon Economics, a Los Angeles research and consulting firm.

Brokerage Boss Faces Ban

FINANCE: BH firm’s appeal of FINRA ruling pending

Regulatory agencies put NMS Capital Advisors’ chair under the microscope.

Holograms Hit the Road

On-stage illusions afford new sort of second act for late crooners

Deceased performers live again as holograms and as a new revenue source for local companies.

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AEG Announces Expansion of Personnel for Global Touring

Downtown-based Anschutz Entertainment Group Inc. announced Sept. 10 the promotion of Gary Gersh to president of global touring. AEG also revamped its management structure to create a global touring division.

UCLA Snares Top Spot on U.S. News Public University Ranking

UCLA is the top public university in the country and tied for 19th overall among public universities, according to the U.S. News and World Report’s latest annual ranking of undergraduate programs released Sept. 10.

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Shamrock Leads $30M Investment in AI-Generated Sports Content

Westwood-based investment firm Shamrock Capital announced Sept. 10 that its led a $30 million investment round on behalf of an Israeli company that provides unmanned cameras for sporting events.

Embattled Owner of LA Weekly Behind New O.C. Publication

It appears embattled LA Weekly publisher and part-owner Brian Calle has set his sights on creating a new publication – the Irvine Weekly.

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