Stories by Matthew
Viacom Inc. threw its hat into the streaming ring Jan. 22, announcing that it had bought Los Angeles’s Pluto Inc. for $345 million.
ENTERTAINMENT: Irish officials scrutinize purchase
Bump in road for Live Nation’s global expansion plans.
Studio axes employees, ends partnership deal with Codeblack Films
Lions Gate layoffs spark speculation about movie studio’s future.
Beverly Hills-headquartered Endeavor has formed Endeavor Streaming as a platform for the company’s streaming products such as professional wrestling and ultimate fighting, the company announced in a press release Jan. 14.
MEDIA: Fiction Riot looks to make name in nascent market
Fiction Riot looks to jump into short-form video market.
Gov. Jerry Brown named Jonathan “Jay” Sures, co-president of United Talent Agency, to the University of California Board of Regents
The recently departed chairman and majority owner of a Beverly Hills investment banking and brokerage firm has been banned for life by the brokerage industry, according to a Jan. 8 regulatory filing.
Showtime Networks Inc. announced Jan. 9 a new West Coast headquarters at The Lot Studios in West Hollywood.
Shareholders that own a stake in MedMen Enterprises Inc. filed a lawsuit against the company in Los Angeles County Superior Court Jan. 8, alleging a breach of fiduciary duty.
Lieberman Research Worldwide Inc., a Century City public relations firm, has acquired Killer Infographics, a Seattle marketing company focused on graphic and visual art, according to a Jan. 8 press release.
Super League Gaming Inc., a Santa Monica company that organizes amateur e-sports competitions, filed a $25 million initial public offering with the Securities and Exchange Commission Jan. 4.
Gov. Jerry Brown named Jonathan “Jay” Sures, United Talent Agency’s current co-president, to the UC Board of Regents Jan. 4, a move that comes 48 hours before Brown ends his gubernatorial term.
MEDIA: Most papers shy away from cannabis dollars
Stigma, legal concerns keep many publications away from pot ad sales.
Firm could also recoup up to $167 million from city as part of deal
AEG convention center expansion gets ok.
Activision Blizzard Inc. announced a new chief financial officer on Jan. 2 two days after it fired the old chief financial officer.
The former chief executive of Celerity Educational Group pleaded guilty Dec. 21 to a federal conspiracy charge nine months after federal agents raided the charter school network’s Koreatown office, according to a press release from the U.S. Attorney’s Office for California’s Central District.
Local studios cash in on film incentive program
Traditional studios reeling in film tax credits.
Live Nation Entertainment Inc. named Maverick Carter, business manager of National Basketball Association superstar LeBron James, to the company’s board of directors, according to a Dec. 20 press release.
Michael Nyman, the former chief executive of public relations firm PMK-BNC Inc., announced Dec. 19 part of the leadership team for his new media relations outfit, Acceleration Community of Companies.
$600 million Key Arena revamp ahead for Westwood facilities developer/operator
Oak View scores win with approval for Seattle NHL arena project.
L.A.’s print media scene saw upheaval, rejuvenation in 2018
Year of upheaval for L.A. media
Media: iHeart, Entercom struggle; local stations ok
Owners of L.A.’s most-listened-to radio stations on shaky financial ground.
The Los Angeles Sports Council has named longtime Los Angeles Dodgers executive David Siegel president of the organization
The Los Angeles Sports Council has named longtime Los Angeles Dodgers executive David Siegel president of the organization, according to an announcement Nov. 30.
Media: TV Time to provide data on Netflix, others
TV Time helps users binge more efficiently.
DOJ signs off despite antitrust groups’ concerns over competition in market
Fairy tale ending may come sooner than expected for Disney’s Fox deal.
Elon Musk’s Boring Co. will no longer seek to build a 2.8-mile Sepulveda test tunnel, the company announced in a Nov. 27 statement.
Innovation Special Report
Talespin is bringing virtual reality to the workplace.
Innovation Special Report
Happy Returns Inc.’s name describes exactly what it set out to do: make e-commerce returns more pleasant for customers and retailers alike.
Innovation Special Report
Downtown-based Second Spectrum Inc. is tracking all the National Basketball Association action down to the microsecond.
Innovation Special Report
GoDigital Media Group’s software allows artists, from YouTube content creators to prominent musicians and film studios, to track whenever their work is used and get paid for those uses.
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.
Century City-based Fox Sports, a subsidiary of 21st Century Fox Inc., announced Nov. 15 that it signed a contract with Major League Baseball
Deal with Boomplay gives record label access to No. 1 music app on continent
Universal enters African music streaming market with Boomplay deal.
The “New Fox” has doubled down on Major League Baseball coverage.
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.
MEDIA: Regional networks must go as part of Fox deal
Disney to sell off Fox’s regional cable sports networks.
Fastest-Growing Private Companies 2018
Blaze Pizza reigns with King James
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.
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.
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.
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.
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?
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 Group announced a new company division Oct. 31 that aims to pair property owners with businesses that need office space for a short time.
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.
MEDIA: 24-hour channel to aim for underserved areas
Spectrum is launching a new 24-hour cable news channel.
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.
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.
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.