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Matthew Blake

Stories by Matthew

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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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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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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Is Live Nation Legal?

Live music outfit prompts cries of antitrust from competitors, congressmen

Antitrust allegations show no hint of stalling Live Nation’s growth ambitions.

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Soon-Shiong’s Other Media Deal: Sale of Tronc

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

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Katzenberg’s WnderCo Invests in Mobile Privacy Outfit

Jeffrey Katzenberg’s latest investment is a digital and mobile privacy security company.

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High Times Presses on With Public Offering

The purchase of High Times magazine by a special purpose acquisition company has unraveled, but High Times Holding Corp. still plans to go public.

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LA Weekly Investor Sues Other LA Weekly Investors, Including Publisher

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.

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Out Magazine Taps Conde Nast Executive Picardi for Top Editor Spot

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.

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Long Beach Back on Media Map

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.

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DOWNTOWN DEVILS

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

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MedMen Strikes Licensing Deal With Official Woodstock Branding Company

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.

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Arizona State Announces Move into Herald Examiner Building

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.

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Golden Oldies

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.

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ROKiT Brand Aims to Rock Stub Hub With Chargers

ADVERTISING: Culver City-based outfit adds business line, sponsors field

ROKiT Brands gets Chargers’ field naming rights.

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L.A. Chargers Ink Advertising, Partial Naming Rights Deal With Culver City Company

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 Acquires Entertainment Software Company

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 Invests in Faith-Based Films

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.

E-Sports Seeks Traditional Path to Growth

$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.

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Coalition Singles Out Paramount on Diversity

Media group claims Latinos underrepresented in studio’s productions

Paramount Pictures and National Hispanic Media Coalition wrangle over diversity.

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Otter Media Sold to AT&T

Holding company Chernin Group announced Aug. 8 that it sold Santa Monica entertainment conglomerate Otter Media Inc. to AT&T Inc.

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UTA Sells Minority Stake to Two International Investors

United Talent Agency has sold an undisclosed minority stake in their company to two international investors, according to an Aug. 7 announcement.

Katzenberg’s WndrCo Raises $1B for Short-Form Video Platform NewTV

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.

Seats to Fill

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.

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Justice Department to Review 70-Year-Old Movie Consent Decrees

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.

Judge Rules Against AEG Dismissal of Ozzy Osbourne Suit

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.

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Oak View Selects AECOM as Contractor for Seattle Arena

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.

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Social Reality Sells Health Care, Digital Advertising Units for $33.5M Cash, Other Considerations

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.

Shareholders Swiftly Approve Disney’s Purchase of Fox

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.

AEG Moves to Dismiss Class Action Claims

Ozzy Osborne-led suit alleges “tying agreement” broke U.S. anti-trust law

Black Sabbath’s Ozzy Osbourne files lawsuit.

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Film Shoot Days Down in Los Angeles

Film shooting days were down in the second quarter in Los Angeles and a few surrounding cities, according to a report released July 18.

Buyer Clear of Weinstein Suits on Asset Purchase

Lantern Capital’s $289M deal cuts pool available for misconduct payouts

BK sale leaves less money available for civil claims against Weinstein.

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High Times On Horizon?

MEDIA: Oreva Capital’s ambitions raise eyebrows

Can High Times live up to new owner’s rosy projection?

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More Layoffs at Weinstein Co., Bankruptcy Judge Approves Sale to Lantern

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.

Litigants Against Weinstein Company Okay Company Purchase Agreement

A July 6 announced purchase agreement has allayed concerns of numerous people who sued the Weinstein Co., which declared for Chapter 11 bankruptcy.

Shamrock Capital Sells Off Share of Theater Advertising Outfit

West Los Angeles private investment firm Shamrock Capital announced July 3 that it sold its share of theater advertising company Screenvision Media.

State Pays $15 Million to Relocate Two Shows to Hollywood

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.

Does Film Credit Bill Address Diversity?

Milken Institute sees dearth of incentives for women, minority hires in law

Bill to extend tax credit passes.

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Hispanic Ad Market Morphs

MEDIA: Cross-cultural marketing helps expand reach

Hispanic advertising reflects patterns of assimilation.

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