MEDIA & ENTERTAINMENT

Recent and archived news stories on: media companies, newspapers, television, digital media, entertainment industry, public relations firms, artist representation, agencies

Endeavor Reports Slight First-Quarter Profit

Endeavor Group Holdings Inc. posted a small first-quarter profit in its first earnings report since going public in late April.

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Music Rights Platform Songtradr Acquires MassiveMusic

Music licensing and rights company Songtradr Inc. has acquired MassiveMusic, a business-to-business music licensing marketplace.

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WarnerMedia, Discovery Unveil New Company Name

WarnerMedia and Discovery Inc. will become Warner Bros. Discovery when their merger closes in mid-2022.

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LA500 Q&A: WGA President David Goodman on His Epic Union Fight

It took him 22 months to do it, but David Goodman proved that the pen is still mighty.

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Local Hotels See Recovery

It’s a Friday evening high above the Sunset Strip, and the rooftop of Pendry West Hollywood — a new complex that holds a private social club with a rooftop bar and restaurant, multimillion-dollar condos and a hotel managed by Montage Hotels and Resorts — is buzzing.

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Jam City to Go Public Through SPAC Merger

Culver City-based mobile gaming company Jam City Inc. will go public through a merger with DPCM Capital Inc., a Miami-based special purpose acquisition company.

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NFT Platform OneOf Launches With $63 Million in Funding

OneOf, an NFT platform focused on musicians and backed by producer Quincy Jones, launches with $63 million in funding.

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Lionsgate Annual Earnings Drop 16%

Lions Gate Entertainment Corp.’s revenue dropped 16% in fiscal 2021, but the Santa Monica-based studio beat Wall Street expectations.

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MGM to Be Acquired by Amazon for $8.45 Billion

A megadeal gives Amazon access to the legacy studio’s extensive film and television library, including the James Bond franchise.

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Domestic Traffic at LAX Rebounds in April

Domestic passenger traffic rebounded at LAX in April but international travel is still suffering.

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UMG, Triller Strike Licensing Deal

Universal Music Group has renewed and expanded its deal with social media company Triller.

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Frontier Airlines to Pull Out of LAX

Denver-based Frontier Airlines is pulling out of LAX by September, citing increased costs as a factor.

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Amazon in Talks to Acquire MGM

MGM is in talks to be acquired by Amazon as the digital giant looks to expand its streaming presence.

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Bad Robot Games Raises $40 Million Series B

Bad Robot Games raised more than $40 million in a Series B funding round to build out a development studio and publish its first video game.

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WarnerMedia, Discovery to Merge in $43 Billion Deal

AT&T will spin off its WarnerMedia entertainment assets in a $43 billion deal with Discovery, creating a new publicly traded company.

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