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.
Music Rights Platform Songtradr Acquires MassiveMusic
Music licensing and rights company Songtradr Inc. has acquired MassiveMusic, a business-to-business music licensing marketplace.
WarnerMedia, Discovery Unveil New Company Name
WarnerMedia and Discovery Inc. will become Warner Bros. Discovery when their merger closes in mid-2022.
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.
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.
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.
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.
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.
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.
Domestic Traffic at LAX Rebounds in April
Domestic passenger traffic rebounded at LAX in April but international travel is still suffering.
UMG, Triller Strike Licensing Deal
Universal Music Group has renewed and expanded its deal with social media company Triller.
Frontier Airlines to Pull Out of LAX
Denver-based Frontier Airlines is pulling out of LAX by September, citing increased costs as a factor.
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.
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.
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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