March 6, 2014 |
Walt Disney Studios and Shanghai Media Group Pictures have stuck a multiyear partnership agreement to co-develop Disney-branded movies that would be released in China and other international markets. China's film business is expanding rapidly. Last year, its total box office take topped $3.6 billion, up about 27% from 2012. According to Motion Picture Assn. of America data, the country is the world's second-biggest movie market behind the United States. Under terms of the deal, Disney Studios, a unit of Burbank-based Walt Disney Co., would pair U.S.-based writers with writers and filmmakers in China to collaborate on movie projects.
CALIFORNIA | LOCAL
March 5, 2014 |
A court ruling issued Wednesday could throw up obstacles to operation of a Kern County groundwater bank that has helped billionaire Stewart Resnick build a nut empire in the southern San Joaquin Valley. In the latest development in a two-decade legal fight, a Sacramento County Superior Court judge found that the state Department of Water Resources didn't properly analyze the environmental impacts of the Kern Water Bank, which is partly controlled by Resnick's Paramount Farms enterprise.
CALIFORNIA | LOCAL
March 3, 2014 |
The two California Department of Fish and Wildlife scientists charged with doing environmental work on the proposed Newhall Ranch development had a daunting task. They were to help review whether and how the largest residential development ever approved in Los Angeles County - 20,000 homes stretching across a bucolic valley - could be built without undue harm to the environment, protected species and Southern California's last major wild river, the Santa Clara. The project was controversial and dizzyingly complicated.
CALIFORNIA | LOCAL
March 1, 2014 |
The debate on whether Los Angeles hotel workers should be paid at least $15.37 an hour opened last week with some less-than-expected allies for a "living wage" and some questions from City Council members about whether the proposal goes too far, or not far enough. Two of the city's business titans, billionaire philanthropist Eli Broad and mall developer Rick Caruso, broke from the standard business-versus-labor divide when they said in interviews they support a higher minimum wage.
February 27, 2014 |
It's been generations since a high-rise building had its debut on Broadway in downtown Los Angeles, but the skyline is finally in for a dramatic change. A local developer hopes to transform a homely corner of the city's famed commercial corridor early next year by leveling a drab one-story retail center at 4th Street and Broadway. In its place would be a 34-story apartment skyscraper more than twice as tall as most other buildings in the historic core of downtown L.A. To be built at a cost of nearly $150 million, the apartment and retail complex called Broadway @ 4th would house 450 units and fill in a key block in gentrifying downtown L.A., developer Izek Shomof said.
February 25, 2014 |
A prominent New York real estate developer and socialite told investigators he has no idea who shot him at his expansive Long Island estate, police said. Gary Melius, 69, remained in stable condition Tuesday about 24 hours after a masked gunman fired three rounds as he entered his car at Oheka Castle, authorities said. Melius was hit in the head, but got the attention of a family member, who drove him to a hospital. Melius lives on the estate, described by property managers as the nation's second-largest private home.
February 22, 2014 |
The Galaxy's present met its future Saturday at the StubHub Center. And it was likely the future of Major League Soccer that was on display as well. On one side were Robbie Keane, Omar Gonzalez and Landon Donovan, guys you've probably heard of. Let's call them Galaxy I. On the other side - we'll call them Galaxy II - were Travis Bowen, Raul Mendiola and Cody Laurendi, guys you probably haven't heard of. But the organization is hoping those will soon be household names as well, which is why it founded a USL Pro team, basically a minor league affiliate, for whom they can play and train.
February 19, 2014 |
One of Los Angeles' longtime developers is betting big on the revival of Hollywood as he launches work on a $138-million speculative office development near Santa Monica Boulevard. After dusting off plans for an office complex first conceived before the 2008 recession brought development to a halt, Jerry Snyder has begun construction of his 959 Seward project, even though he has no tenants lined up. Snyder, who has been in the real estate business since 1949, thinks demand is strong enough among businesses in creative fields such as entertainment to justify the risk of building a campus-style complex catering primarily to them in a part of Hollywood known as the Media District.
February 17, 2014 |
Joey Mucha used to seal a business deal with a handshake or an e-mail. Now he whips out his smartphone. The San Francisco entrepreneur runs a side business renting out skee ball machines. With the company growing steadily, Mucha decided last year he needed to use contracts to protect his clients and the business. But he didn't go to a pricey lawyer. Instead, the 27-year-old downloaded a smartphone app called Shake. It guided him through the process of creating easy-to-read contracts, which customers can then sign with a swipe of their fingers on the screen.
February 15, 2014 |
KURUKSHETRA, India - Sakit Poswal, an engineering graduate and aspiring actor, never gave much thought to politics until last fall, when a new party burst into the spotlight promising total transparency and handing out white caps stamped with the message, "I am the common man. " The grass-roots group that has upended India's staid political scene is the Aam Aadmi Party, whose name means "common man" and whose platform amounts to a full-throated rejection...