Stories by Matthew
Company referred to British regulatory authority as it consolidates market share
Live Nation faces more scrutiny in the U.K.
Media: Media group buys music news site Amplify
Long Beach entertainment news website Amplify Media sells to Billboard Music Group.
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.
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.
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.
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.
Josh Roth, who founded United Talent Agency’s Fine Arts Department, passed away at 40 years old, according to a company announcement Sept. 17.
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.
FINANCE: BH firm’s appeal of FINRA ruling pending
Regulatory agencies put NMS Capital Advisors’ chair under the microscope.
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.
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 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.
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.
It appears embattled LA Weekly publisher and part-owner Brian Calle has set his sights on creating a new publication – the Irvine Weekly.
Live music outfit prompts cries of antitrust from competitors, congressmen
Antitrust allegations show no hint of stalling Live Nation’s growth ambitions.
Stake in prior owner of Times gives him leverage as negotiations heat up
Patrick Soon-Shiong is in the thick of another blockbuster media buy
Jeffrey Katzenberg’s latest investment is a digital and mobile privacy security company.
The purchase of High Times magazine by a special purpose acquisition company has unraveled, but High Times Holding Corp. still plans to go public.
LA Weekly publisher Brian Calle is accused of “breathtaking incompetence, self-dealing and fraudulent intention” in a lawsuit filed Aug. 27 by David Welch, one of the investors who took over as LA Weekly owners last November.
West Los Angeles-based Oreva Capital has made another big name hire for its Pride Media Group media assets, naming Phillip Picardi, who was chief content officer of Conde Nast’s Teen Vogue, as editor in chief of Out magazine.
Hiring spree by Post beefs up competition for Press-Telegram
A beefed-up Long Beach Post and Long Beach Press-Telegram poised to compete over coverage of the Beach City.
Arizona State eyes stage in city’s center for next push in L.A.
Arizona State University’s splashy move into a downtown complex originally built for the long-defunct Los Angeles Herald Examiner
Peace, love, and music, or at least the approved branding of such, awaits MedMen Enterprises Inc. after it announced Aug. 22 an exclusive license agreement with Woodstock Ventures LC.
Arizona State University will occupy the vast majority of the Los Angeles Herald Examiner building in downtown, the university said Aug. 17. The move signals the school’s growing entry into California, and a facelift for a historic, century-old structure.
Veteran agent, erstwhile stars find business model amid nostalgia
Where have all the older performers gone? Agents are forming a cottage industry supplying them to venues across the globe.
ADVERTISING: Culver City-based outfit adds business line, sponsors field
ROKiT Brands gets Chargers’ field naming rights.
The National Football League’s Los Angeles Chargers announced Aug. 16 an extensive partnership with ROK Brands that includes renaming the StubHub Center as ROKiT Field at StubHub Center for days the Chargers play.
City National Bank announced Aug. 13 that it acquired Exactuals, a west side-based company that provides electronic payment hub software for entertainers who collect royalty checks.
Lions Gate Entertainment Corp. announced a deal Aug. 10 to have priority in distributing films produced by self-described faith-based filmmakers Andrew Erwin, John Erwin, and Kevin Downes.
$700M in global revenue last year; media rights, events seen as prime opportunities for more
Season one of the Overwatch League e-sports tournament at Burbank’s Blizzard Arena featured computer-generated avatars fighting virtual battles on giant screens watched by hundreds of fans.
Media group claims Latinos underrepresented in studio’s productions
Paramount Pictures and National Hispanic Media Coalition wrangle over diversity.
Holding company Chernin Group announced Aug. 8 that it sold Santa Monica entertainment conglomerate Otter Media Inc. to AT&T Inc.
United Talent Agency has sold an undisclosed minority stake in their company to two international investors, according to an Aug. 7 announcement.
An entertainment holding company founded by Jeffrey Katzenberg announced Aug. 7 that it had raised $1 billion for a digital, short-form video venture, including investments from every major motion picture studio.
Crowded venue market challenges Banc of California Stadium
At only three months old, the Banc of California stadium seeks its place among the highly competitive local venue market.
The U.S. Justice Department announced Aug. 2 that it will review 70-year-old consent decrees that put limits on dealings between movie distributors and movie theaters.
Anschutz Entertainment Group Inc.’s motion to dismiss Ozzy Osbourne’s class action anti-trust lawsuit was denied Aug. 1 by Los Angeles federal judge Dale Fischer.
Oak View Group announced July 31 general contractors for their $660 million redevelopment of Seattle’s Key Arena including Century City-headquartered construction giant AECOM.
Arts District-based company Social Reality Inc. announced July 30 that it will sell its healthcare and digital advertising product line to a New York private equity firm for $33.5 million in cash plus up to $19 million in other considerations.
Walt Disney Co.’s takeover of 21st Century Fox Inc. took a big step forward July 27 as shareholders approved the proposed $71.3 billion acquisition.
Ozzy Osborne-led suit alleges “tying agreement” broke U.S. anti-trust law
Black Sabbath’s Ozzy Osbourne files lawsuit.
Film shooting days were down in the second quarter in Los Angeles and a few surrounding cities, according to a report released July 18.
Lantern Capital’s $289M deal cuts pool available for misconduct payouts
BK sale leaves less money available for civil claims against Weinstein.
MEDIA: Oreva Capital’s ambitions raise eyebrows
Can High Times live up to new owner’s rosy projection?
U.S. Bankruptcy Judge Mary Walrath approved on July 11 Dallas-based private equity firm Lantern Capital Partners’ $289 million purchase of the Weinstein Company Inc., freeing the Weinstein Company to dissolve.
A July 6 announced purchase agreement has allayed concerns of numerous people who sued the Weinstein Co., which declared for Chapter 11 bankruptcy.
West Los Angeles private investment firm Shamrock Capital announced July 3 that it sold its share of theater advertising company Screenvision Media.
The California Film Commission announced July 2 that it will pay $15 million total to relocate production of two television shows to California as part of the state’s $330 million-a-year motion picture tax credit program.
Milken Institute sees dearth of incentives for women, minority hires in law
Bill to extend tax credit passes.
MEDIA: Cross-cultural marketing helps expand reach
Hispanic advertising reflects patterns of assimilation.