Nat Rubio-Licht
Reporter
Recent Stories
Disney Slashes Executive Bonuses
Disney’s theme parks suffered majorly amid the pandemic, losing nearly $7 billion and planning to lay off around 32,000 employees.
Netflix Tops 200 Million Subscribers
Netflix Inc. reached a new subscription milestone in the fourth quarter as the streaming company topped 200 million paid viewers.
Paramount+ Sets March Launch Date
ViacomCBS' rebranded streaming platform will roll out in the U.S. and Latin America on March 4.
Virgin Orbit Conducts First Successful Launch
Virgin Orbit launched its first rocket into orbit, carrying satellites on behalf of NASA.
Cryptocurrency, Biotech Set the Pace in a Solid Year for LA Stocks
It was a year that will be remembered for a pandemic, an economic downturn and social justice protests, but for many publicly traded companies in Los Angeles, 2020 will also go down as a period of strong gains in the equities markets.
Zico Founder Buys Beverage Line Back From Coca-Cola
Coconut water company Zico was reacquired by its founder from the Coca-Cola Co. for an undisclosed sum.
Uplifting Results Labs Raises $8.2 Million
Uplifting Results Labs Inc., the Playa Vista-based nutrition startup behind the Muniq health brand, raised $8.2 million in Series A funding, the company announced Jan. 12.
Bloomingdale’s to Close Santa Monica Store
The closure is part of a move by Bloomingdale’s parent company, Macy’s Inc., to shutter 45 stores by mid-2021.
LA’s Big Game Developers Ride the Mobile Wave
Culver City-based Scopely Inc.’s “Scrabble GO” might seem like a typical multiplayer mobile word game.
Roku Acquires Quibi Content Catalog
Roku strikes a deal to acquire rights to Quibi’s library of more than 75 short-form shows.