MEDIA & ENTERTAINMENT
American Airlines Expands LA Footprint with Rams, Chargers Stadium Deal
The developers behind the forthcoming National Football League field in Inglewood have pegged American Airlines Inc. as the stadium's first corporate partner as the Texas airline doubles down on investment in Southern California.
Town Hall and World Affairs Council Merge, Creating LA's Largest Speakers’ Forum
Town Hall Los Angeles and the Los Angeles World Affairs Council — two of L.A.’s most venerable speakers’ forums — are merging this month.
Fox Entertainment Acquires NoHo's Bento Box
Fox Entertainment is buying Bento Box Entertainment, the animation house behind “Bob’s Burgers” and other animated hits.
Disney Disappoints Despite Revenue Gains
Walt Disney Co. missed Wall Street expectations of adjusted earnings and revenue in the fiscal third quarter.
Director of Academy Museum Steps Down
After five years, Kerry Brougher is leaving the director position to "return to his roots in the art world."
Gallant Pet Raises $7 Million to Store Canine Stem Cells
A Playa Vista-based company offering stem cell storage banks for canines raised nearly $7 million, according to SEC filings.
Saban Sees Opportunities in Music
ENTERTAINMENT: Mogul places $500M bet on label
Billionaire Haim Saban invests $500 million to launch a world music record label.
Inglewood Forum Names New Operations Lead
The Forum in Inglewood named a new head of operations, the third person in the role in as many years as the iconic venue faces new challenges.
LAX Passenger Traffic Up 1% in First Half of 2019, Ontario Up 6.5%
Passenger growth at Los Angeles International Airport slowed during the first half of the year to a meager 0.9%, and lucrative international passenger traffic declined 1%. Ontario International Airport bucked the trend.
SAG-AFTRA Netflix Pact Could Undercut Studios
Streamer’s deal with actors breaks with alliance
The Screen Actors Guild-American Federation of Television and Radio Artists announced July 20 that it had reached a deal on a three-year contract with Los Gatos-headquartered Netflix.
Live Nation Buys Live Events Giant Ocesa
Live Nation Entertainment Inc.’s global domination of the concert promotion industry grew dramatically July 24 as the Beverly Hills company announced it acquired a controlling interest in Mexico City-based Ocesa Entretenimiento.
Coffee Bean & Tea Leaf Acquired by Philippine Restaurant Group Jollibee
The struggling Los Angeles-based chain Coffee Bean & Tea Leaf is being purchased in a $350 million deal by the Philippine food giant Jollibee, best known locally for their drive-thru restaurants and bee mascot.
Startup FanDragon Designs Tech to Tackle Ticketing Fraud, Raises $12 Million
West Hollywood-based FanDragon Technologies Inc. has developed ticketing software that aims to combat fraud among ticketing service providers.
Dodgers Pitch $100 Million Stadium Renovation Plan
The Los Angeles Dodgers will spend $100 million in private financing to renovate Dodger Stadium. Plans include a new center field plaza.
Ares Management Invests in Wine Club and Restaurant Group Cooper’s Hawk
Century City-based private equity firm Ares Management Corp. has invested in Cooper’s Hawk Winery & Restaurants of Illinois, a top wine club and restaurant group, taking over a minority position.
