Songtradr provides streamlined services for music licensing.

Songtradr Raises $50 Million in Series D Round

Music licensing marketplace Songtradr has raised $50 million in a Series D funding round.
Port of L.A. is on track to move more than 10 million cargo units.

Ports Continue to Set Cargo Records

The Port of Los Angeles has set yet another record.

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Mark Peel, an influential chef and co-founder of La Brea Bakery, died on June 19, 2021, at age 66.

Mark Peel, Chef and La Brea Bakery Co-Founder, Dies

Mark Peel, an influential chef and co-founder of La Brea Bakery, has died at age 66.
An industrial building at 4433 Pacific Blvd. in Vernon.

Vernon Industrial Building Sells for $9 Million

A roughly 33,000-square-foot industrial building in Vernon has sold for $9.1 million.


Formative's Kevin McFarland (left), chief operating officer, and Craig Jones, co-founder and chief executive officer.

Software Developer Formative Raises $70 Million

Formative, a developer of software used by K-12 teachers, raised a $70 million Series A fund.
Mahi de Silva, chief executive, TrillerNet.

Triller Looks Toward IPO in July

Century City-based TrillerNet, the owner of Triller, is preparing to file a confidential direct listing with the SEC in July valuing the company at $5 billion.

Companies On The Move
People On The Move



Reader Poll

READER POLL: Would you consider switching to solar or another alternative energy source for your business or home?

In This Week's Issue


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Landlords Say Concerns About Mass Evictions Are Overhyped

With California’s eviction moratorium set to expire at the end of the month, will Los Angeles property owners begin booting tenants en masse who haven’t been paying rent?


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Edison’s Focus: Keeping Lights on During Summer Heat Waves

Southern California Edison is facing the challenge of keeping the lights on and the air conditioners cooling for customers this summer.


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SPAC Deals Slow Dramatically After Move by SEC

The sizzling SPAC market has hit a cold stretch.


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Law Firms Help Businesses Navigate Return to Office

Hannah Sweiss, an associate who works out of the downtown office of employment law firm Fisher Phillips, has hosted 60 webinars on various Covid-19 issues since the pandemic began.


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After a Pandemic Boost, Cannabis Delivery Companies Look to Maintain Momentum

Cannabis and convenience had intersected well before the pandemic arrived, but over the past year, that connection has grown even stronger.


Latest Local News

Songtradr provides streamlined services for music licensing.

Songtradr Raises $50 Million in Series D Round

Music licensing marketplace Songtradr has raised $50 million in a Series D funding round.
Port of L.A. is on track to move more than 10 million cargo units.

Ports Continue to Set Cargo Records

The Port of Los Angeles has set yet another record.

People On The Move
Mark Peel, an influential chef and co-founder of La Brea Bakery, died on June 19, 2021, at age 66.

Mark Peel, Chef and La Brea Bakery Co-Founder, Dies

Mark Peel, an influential chef and co-founder of La Brea Bakery, has died at age 66.
Events
The Los Angeles Business Journal is excited to host the 2021 Women’s Leadership Series & Awards throughout the month of June. This year’s free three-part series will provide readers with an opportunity to join in our virtual symposiums and awards event. With the goal of continuing to engage, inform, educate and inspire, this year’s panelists will cover topics of ongoing importance from leading through change and mentorship, to the road to entrepreneurship and navigating today’s work-life balance demands.
An industrial building at 4433 Pacific Blvd. in Vernon.

Vernon Industrial Building Sells for $9 Million

A roughly 33,000-square-foot industrial building in Vernon has sold for $9.1 million.
Reader Poll
READER POLL: Would you consider switching to solar or another alternative energy source for your business or home?
Companies On The Move

Formative's Kevin McFarland (left), chief operating officer, and Craig Jones, co-founder and chief executive officer.

Software Developer Formative Raises $70 Million

Formative, a developer of software used by K-12 teachers, raised a $70 million Series A fund.

Events

The Los Angeles Business Journal is excited to host the 2021 Women’s Leadership Series & Awards throughout the month of June. This year’s free three-part series will provide readers with an opportunity to join in our virtual symposiums and awards event. With the goal of continuing to engage, inform, educate and inspire, this year’s panelists will cover topics of ongoing importance from leading through change and mentorship, to the road to entrepreneurship and navigating today’s work-life balance demands.

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