MEDIA & ENTERTAINMENT
Recent and archived news stories on: media companies, newspapers, television, digital media, entertainment industry, public relations firms, artist representation, agencies
WGA, Producers Reach Agreement
Deal is valued at $200 million
The Writers Guild of America has reached a tentative deal with the Alliance of Motion Picture and Television Producers, eliminating fears of a possible WGA strike.
LeBron’s SpringHill Scores Funding, Content Deals
Firm strikes deals with ABC, Sister
Los Angeles Lakers superstar LeBron James and longtime business partner Maverick Carter are riding high with recently announced funding and a new content deal for their entertainment and consumer products company.
American Drops International Flights From LAX
American Airlines is shifting its trans-Pacific flight hub from LAX to Dallas-Fort Worth International.
Film Commission Sets $40 Million in Tax Credits
In what the California Film Commission said is a sign that Hollywood is ready to return to work, the agency announced $40 million in tax credits.
Podcast Biz Is Heating Up
LA companies lead the way in a growing industry
An influx of investment is bringing new momentum to the podcast industry in Los Angeles, which has developed into a hub for the burgeoning medium.
Marketing Agency Quantasy Makes Cultural Connections
Agency works with Google and Honda
Will Campbell, co-founder and chief executive of digital creative agency Quantasy & Associates, does not define the downtown-based company as a multicultural marketing agency, even though it can boast a diverse roster of clients.
FaZe Clan Takes Ownership Stake in CTRL
FaZe Clan Inc., the Hollywood-based esports and entertainment company, has taken an ownership stake in CTRL Holdings, a New York-based meal replacement startup.
ShortsTV Plans Virtual Cinema Series to Aid Local Theaters
Cable channel ShortsTV is partnering with independent theaters, including several in Los Angeles, to launch a virtual cinema series.
Treehouse Raises $2.6 Million
Treehouse Games Inc., a Koreatown-based cooperative video game developer, has raised $2.6 million in a seed round.
Interim LA Airports Chief Erbacci Moves a Step Closer to Permanent Post
Los Angeles World Airports interim Chief Executive Justin Erbacci moved one step closer to the permanent job.
Arena Cinelounge Sunset to Reopen June 19
Independent movie theater Arena Cinelounge Sunset plans to be the first L.A. theater to reopen following Covid-19 shutdowns.
Awards Adjust to Pandemic
Oscars, museum opening are delayed
The coronavirus pandemic has prompted a two-month delay for the 93rd Oscars ceremony and pushed back the opening of the Academy Museum of Motion Pictures to April 2021.
Vista Studios Sees Future
Meets demand for remote, live tools
Broadcast veteran Randall Heer founded Vista Studios in 2017 with the idea of creating the “Swiss Army knife” of independent production hubs, focusing on live production.
At Local Movie Theaters, Action Will Be Limited
AMC, Laemmle move forward cautiously
Recently announced California state guidelines on reopening during the Covid-19 pandemic allow movie theaters in some localities, including L.A. County, to reopen provided they meet new safety requirements.
Wave Picks Up $30 Million for Virtual Concerts
Virtual concert startup Wave has raised $30 million in a Series B funding round with participants including Scooter Braun.
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