A Jerrold Perenchio

The Los Angeles City Council asked the Airport Commission on Friday to delay a lease at Van Nuys Airport, with Councilwoman Laura Chick saying the eleventh-hour proposal "smacks of back-room, closed-room, dirty deals." The commission is scheduled to vote June 26--four days before Mayor Richard Riordan leaves office--to approve a lease of 5.8 acres of undeveloped land to be used for a new aviation business.

Promoter Bob Arum will file a lawsuit in Los Angeles Superior Court today against Univision Sports and its CEO, Jerry Perenchio, charging both with interfering with his promotional contract with former welterweight champion Oscar De La Hoya. Arum's action comes in the wake of the announcement that De La Hoya has hired Perenchio to be his new promoter after suing Arum last month to end their ties.

The Los Angeles City Council asked the Airport Commission on Friday to delay a lease at Van Nuys Airport, with Councilwoman Laura Chick saying the eleventh-hour proposal "smacks of back-room, closed-room dirty deals." The commission is scheduled to vote June 26--four days before Mayor Richard Riordan leaves office--to approve a lease of 5.8 acres of undeveloped land to be used for a new aviation business.

"I'm looking forward to extending our relationship over the years and hopefully for the rest of my life." Oscar De La Hoya on promoter Jerry Perenchio, Sept. 29, 2000 * Last Tuesday, Oscar De La Hoya terminated that relationship with Jerry Perenchio. Oh well, life can be short, especially when you work for De La Hoya. For the World Boxing Council's super-welterweight champion, a master at reinventing himself, life has, once again, begun anew. His playboy days behind him, he is newly married.

He looks like a rock star. Or a dancer. Or maybe someone who should have a white tiger on a leash. In the billboard jungle along the strip, the displays for Oscar De La Hoya's comeback fight Saturday night at the MGM Grand Garden Arena are largely indistinguishable from those heralding the performances of Wayne Newton or Danny Gans. Is De La Hoya the Golden Boy of boxing, or a new addition to Siegfried and Roy? Newspaper and magazine ads and television commercials are the same.

Who is Jerry Perenchio? Who is this man who swooped in after a quarter-century hiatus from the boxing business and snatched Oscar De La Hoya, the sport's prize cash cow among nonheavyweight fighters, right out from under promoter Bob Arum, a man who prides himself on being one of boxing's shrewdest operators? If you don't know Perenchio, you're obviously not one of L.A.'

When Los Angeles' planned Disney Concert Hall seemed doomed, Eli Broad rounded up his friends, extracted millions of their dollars, and put the fund-raising and construction program back on track. When City Hall craved a national affirmation of Los Angeles' recovery, Broad, grocery magnate Ronald Burkle, Hollywood financier David Geffen and lawyer Bill Wardlaw got it the Democratic National Convention.

Adding its voice to growing protests, a citizens advisory council recommended Monday that the city delay award of a major lease for new aviation uses at Van Nuys Airport, which is scheduled for June 26, just four days before Mayor Richard Riordan leaves office. One of the potential bidders is a businessman with ties to the mayor, and some critics have questioned the bidding process.

A. Jerrold Perenchio, chairman of the nation's leading Spanish-language television broadcaster, has filed to sell more than $750 million worth of his stock in the company, Los Angeles-based Univision Communications Inc., the company said Wednesday. The sale of 20.4 million shares of Univision will decrease Perenchio's holdings from 40% to 20% of the company. He will still retain 78.5% of the voting power of all stock, down from his current 92%.

Spanish-language media giant Univision Communications Inc. said Monday that its fourth-quarter profit grew 14% as its television networks attracted more major advertisers. The Century City-based company, controlled by billionaire A. Jerrold Perenchio, also issued its first public statement about a recent dispute with two large shareholders over management decisions.