MEDIA & ENTERTAINMENT
Recent and archived news stories on: media companies, newspapers, television, digital media, entertainment industry, public relations firms, artist representation, agencies
LeBron James’ SpringHill Sets $725 Million Valuation With Minority Stake Investments
The SpringHill Company sold a minority stake to investors that brings its valuation to $725 million.
Universal Hydrogen Raises $62 Million in Series B
The investment brings Universal Hydrogen’s total funding to $85 million.
World of Wonder Sets Bar for LGBTQ Media Production
In a media landscape where representation is becoming more important than ever, World of Wonder Productions Inc. kicked open the door for LGBTQ companies 30 years ago with a plan to create a platform for artists and creatives who were not being recognized in the mainstream media.
LA-Area Airport Traffic Down as Covid Surges, Crew Shortages Slam Airlines
The rebound in air travel at local airports hit some turbulence in August with passenger counts down 7% from July thanks in part to the rapid spread of the delta variant of the coronavirus.
TikTok Parent ByteDance Ordered to Pay $92M Privacy Settlement
ByteDance Ltd. will have to pay $92 million in a class action settlement for violating user privacy on TikTok.
Loop Media Partners With Margaritaville for Times Square Resort
Loop Media Inc. is expanding its partnership with Orlando, Florida-based Jimmy Buffet’s Margaritaville.
AT&T Answers Call for Hybrid Work Model, Offers New Benefits
2021 Largest Employers Special Report
AT&T Inc. has made numerous adjustments to its business both leading up to and during the pandemic while remaining a major employer in Los Angeles, taking the No. 15 spot on the Business Journal’s 2021 list of largest private-sector employers in L.A. County.
Airport Commissioners Approve $6 Billion Plan to Improve LAX
The Los Angeles Board of Airport Commissioners voted Oct. 7 to recommend approval of the $6 billion Airfield Terminal Modernization Project.
Warner Music Partners With Messaging Platform Community
Community.com Inc. is teaming with New York-based media conglomerate Warner Music Group Corp. for its first formal partnership to connect music artists and their fans.
CAA Acquires ICM Creating Talent Agency Monolith
Creative Artists Agency has acquired rival ICM Partners in a sale marking a seismic shift in Hollywood’s representation landscape.
Endeavor Spends $1.2 Billion to Acquire OpenBet
Endeavor Group Holdings Inc. is expanding its increasingly lucrative sports interests in gambling with the acquisition of London-based OpenBet.
Universal Music Group Partners With MedRhythms on Musical Health Treatments
Universal Music Group is partnering with Portland, Maine-based MedRhythms Inc. on a new medical treatment program involving music.
Pluto TV Faces $3.5M in FCC Fines for Closed Caption Violations
ViacomCBS Inc. division Pluto TV will pay $3.5 million in fines after the FCC found that the streaming service violated its accessibility rules.
Why Intuit Paid $500 Million for Naming Rights at Clippers Arena
The $1.2 billion dome not only has the potential to significantly affect the look and future of Inglewood but features a dizzying array of technological innovations.
Universal Music Group Shares Surge in Market Debut
Santa Monica-based Universal Music Group is rocking the Amsterdam stock market.
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