Stories by Matthew
MEDIA: Oreva Capital’s ambitions raise eyebrows
Can High Times live up to new owner’s rosy projection?
Lantern Capital’s $289M deal cuts pool available for misconduct payouts
BK sale leaves less money available for civil claims against Weinstein.
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.
MEDIA: Cross-cultural marketing helps expand reach
Hispanic advertising reflects patterns of assimilation.
Milken Institute sees dearth of incentives for women, minority hires in law
Bill to extend tax credit passes.
Digital advertising exchange H Code announced June 26 that it acquired HipLatina, a digital lifestyle publication for Hispanic women that claims to reach 4 million consumers per month through its website and social media.
Digital advertising technology provider OpenX Technologies Inc. plans to open an office in Singapore, the latest expansion for the 20-year-old, Pasadena-based company.
The publisher of the Advocate and Out magazine selected Nathan Coyle as its new Chief Executive Officer.
Digital advertising agency H Code Media Inc. announced June 21 it will handle U.S. advertising for Radio Programas del Peru, a 55-year-old Lima-based radio and television broadcasting company.
Filing indicates profits for California group
Soon-Shiong seeks new business models for L.A. Times.
Makes new hires at 11-year-old online publication, more expected
New owner for Long Beach Post.
Sports business vet sheds light on arena alliance, Oak View’s growth trajectory
Tim Leiweke sheds light on Oak View Group’s ambitions.
Anastasia Beverly Hills announced June 20 a partnership with San Francisco-based investment titan TPG Capital, the first outside investment for the cosmetic line started by Anastasia Soare.
Patrick Soon-Shiong said that he will seek a seat on the Tribune Co. board now that his $500 million purchase of the Los Angeles Times and other California News Group holdings was finalized on June 18.
Pacific 6 Enterprises, a group headed by John Molina, has bought the Long Beach Post and added seven staff members to the online news publication, according to a June 18 announcement provided to the Business Journal.
The Athletic, a San Francisco-based sports journalism website, will hire seven full-time Los Angeles-based reporters effective June 18. Many of them will come from established Los Angeles publications.
ENTERTAINMENT: TV crew on uncertain ground
“Project Runway” will move back to Bravo following the Weinstein scandal.
State lawmaker proposes streamlined review process for site; move not imminent
Lawmaker seeks fast-track approval for Clippers’ Inglewood arena.
California has recently seen an increase in the number of motion picture industry employees, but the state government could do more to lure movie making back to the Golden State.
Elon Musk’s Boring Company was selected by the city of Chicago on June 14 to provide an express tunnel service between downtown Chicago and O’Hare International Airport, a milestone for the company that comes amid uncertain progress on its Los Angeles demonstration tunnel.
Prominent talent agency ICM Partners announced June 14 a partnership with Evolved, a talent agency that focuses on representing e-sports players.
Advertising targeted to consumers in the Los Angeles television market is set to tick up about 5 percent, according to projections provided by Virginia-based BIA Advisory Services.
Marlin Equity Partners, a Hermosa Beach-based private equity firm, announced June 11 that it has acquired two companies that provide television, internet and phone services to hotels, hospitals and other commercial buildings.
MEDIA: Expansion would follow controversial makeover
The Jewish Journal sets its sights on expansion in New York.
Santa Monica’s H Code Media announced June 6 that the Hispanic Heritage Foundation selected H Code to do digital marketing for the Washington, D.C. non-profit.
Milbank Tweed Hadley & McCloy announced June 4 a $10,000 pay increase to $190,000-a-year for starting lawyers.
H Code Media, a digital advertising company for the U.S. Hispanic market, announced May 15 a partnership deal with La Prensa Grafica, a more than 100-year-old publishing company in El Salvador with multiple websites.
MEDIA: Investment appears to set up competition with Press-Telegram
John Molina’s investment firm set to back new publication in Long Beach.
L.A. outfits eye ads, subscriptions for live music shows
Live concert streaming venture LiveXLive and other L.A.-based outfits aim to find profits from ads, subscriptions or a combination of both.
Westsiders want review; council could reconsider committee’s exemption
Elon Musk’s plans for a Westside tunnel could stall after lawsuit, city attorney advisory.
Paramount Players acquired the rights from JAKKS Pacific to make a movie based on the venerable Creepy Crawlers toy, according to a May 30 announcement.
A Beverly Hills security company named a former U.S. secret service executive as its Chief Executive Officer.
Long Beach millionaire John Molina’s new company, Pacific 6, will finance a Long Beach publication dedicated to local news that will directly compete with the Long Beach Press-Telegram, and employ the Press-Telegram’s three recently departed editorial employees.
Founder and Chief Executive, Anastasia Beverly Hills
No other entrepreneur was so singularly focused on eyebrows – much less made millions of dollars from them – before Anastasia Soare started out on her American dream.
Saban Brands LLC, owner of the Power Rangers and other entertainment properties, announced the layoff of 60 employees as Hasbro Inc. is set to buy the company.
The company says it has a 'larger network' of journalists covering Long Beach
The Long Beach Press-Telegram is down to one reporter after three staff members quit May 21 to start their own Long Beach publication, the latest sign of instability at Southern California newspapers owned by Denver’s Digital First Media.
Otis report finds $451 billion in economic output statewide
The creative economy, which includes entertainment and digital media, generates about $451 billion in economic output in California, according to a recent report, which found that the creative sector’s impact on the overall economic output in the Los Angeles region has slipped in recent years.
Plans for SpaceX, Boring Co. call for new role in public sphere
No. 2 Elon Musk is testing his influence on local government.
LA Weekly has moved to 724 Spring St. in downtown amid questions about the newspaper’s financial future.
Move Follows Block of CBS’s Temporary Restraining Order Against Redstone
CBS shareholders voted to strip Sumner Redstone’s voting control of the company on May 17.
Banc of California stadium hired Adam Friedman to run a new entertainment division, according to a May 16 announcement by Tom Penn, president of LAFC Sports, which owns the city’s Major League Soccer team.
Sumner Redstone’s daughter Shari Redstone said May 15 that CBS Corp. cannot legally dilute the 94-year-old’s shareholder control.
Unusual emptiness as Lakers, Clippers miss playoffs, Kings exit early
Arena has unusually quiet spring as misses, early exit mar post-season for local teams.
Skyryde offers short plane rides to passengers who want to avoid congested roads
JB Adkins, founder of Skyryde Inc., was “kind of rolling my eyes” when he heard that Uber Technologies Inc. partnered with NASA to hash out a flying taxis project.
Public relations firm Rogers & Cowan Inc. expanded its stake in fashion with the May 10 announcement that it has acquired ITB Worldwide, a London entertainment marketing agency with high-profile clothing companies and individual, European-based talent.
Patrick Soon-Shiong will close his purchase of the Los Angeles Times from tronc Inc. in a few weeks, said tronc CEO Justin Dearborn during a shareholder call May 9.
Snap Inc. is changing chief financial officers from Drew Vollero to Tim Stone, a move that comes as the app company’s stock price is in sharp decline.