January 9, 2013 |
What's the future of L.A.'s economy? That's a question that should be at the center of this year's mayoral campaign. Key to that discussion should be recognition that Los Angeles, despite all its economic problems, is an increasingly prominent home to the next generation of technology companies that will drive the digital revolution in the 21st century. Los Angeles' tech awakening is unfolding in a slice of territory - dubbed "Silicon Beach," which initially referred to Venice and Santa Monica and then expanded to Hollywood and downtown - where established giants such as Google and Apple have opened offices and where some 500 newcomer ventures have taken root.
December 31, 2012 |
Tribune Co. is expected to emerge from bankruptcy protection Monday with a new board of directors composed largely of entertainment-industry veterans. Exiting bankruptcy would mark a milestone for Tribune, the parent of the Los Angeles Times and other newspaper and television properties. Tribune sought Bankruptcy Court protection in December 2008 after a leveraged buyout by real estate magnate Sam Zell saddled the company with $12.9 billion in debt just as advertising revenue was collapsing.
December 4, 2012 |
A new report on Los Angeles' creative economy shows the entertainment industry emerging from its recession-induced slump, with modest job gains in 2011 hinting at the early stages of a recovery. The entertainment industry employed about 120,400 people in Los Angeles County last year -- off about 7% from the peak in 2006, but an improvement over 2010, according to the Otis Report on the Creative Economy of the Los Angeles Region released Tuesday. Motion picture and video production accounted for the greatest number of job losses in the entertainment sector from 2006 to 2011.
November 20, 2012 |
Robert Kleinhenz, chief economist with the Los Angeles County Economic Development Corp., recently spoke with The Times about a new report on the entertainment industry's effect on the L.A. County economy. What was the purpose of the study? We know that the entertainment industry looms large on the world stage and that L.A. is the entertainment capital of the world. We said, 'Okay, how big is this industry?' This study was an effort to evaluate the size of the entertainment industry and to measure its impact on the L.A. economy in terms of jobs, income and taxes.
October 21, 2012 |
Believe it not, there was actually a time not so long ago when civilians outside the entertainment industry didn't have a clue what movie happened to top the box office on any given weekend. Now just about everybody in America knows the top grosser by Sunday night, and they can expound like industry veterans on what film has "underperformed" or which might have "legs. " By the same token, there was once a time when no civilian could tell you who was the highest-paid actor or actress or which ones had the greatest personal wealth.
July 18, 2012 |
Media giant News Corp. is contributing $20 million toward the Motion Picture & Television Fund, giving the Woodland Hills charity a much-needed financial boost. The Motion Picture & Television Fund said in a statement Wednesday morning that News Corp., owner of the 20th Century Fox Studios and Fox Broadcasting, made the gift as part of the endowment campaign for the fund. The nonprofit group provides health and social services to active and retired entertainment industry workers.
June 24, 2012 |
Dance Camera West, the international dance-media festival, opens Thursday for three days of experimental short films, documentaries, discussions and casual partying, a recipe that has made it popular with film buffs and dance lovers of all stripes for 11 years. FOR THE RECORD: Dance Camera West festival: An article in the June 24 Arts & Books section on the return of the three-day dance media film festival said the organization has a budget of $119,000. The budget is actually $150,000.
May 21, 2012 |
The newly formed SAG-AFTRA board of directors has confirmed David White as the merged union's sole national executive director. The national board of SAG-AFTRA voted overwhelmingly Sunday to select White for the job, approving a new three-year contract. White, the former Screen Actors Guild executive director, was expected to assume the new position as the chief administrative officer for the union of about 160,000 members. He had been serving as co-national executive director with former American Federation of Television and Radio Artists leader Kim Roberts Hedgpeth, who announced last month that she was resigning.
April 6, 2012 |
Keith Olbermann isn't mincing words in his $70-million lawsuit against Current TV. Dumped last week by the upstart cable network, Olbermann let loose a verbal barrage against co-founders Al Gore and Joel Hyatt in a 43-page legal complaint for breach of contract filed Thursday in Los Angeles County Superior Court, accusing them of blackmail and calling them "dilettantes portraying entertainment industry executives. " The lawsuit sets the stage for a high-profile legal battle between two leaders of American liberalism: Gore, a former U.S. vice president and Nobel laureate, and Olbermann, a fiery talk-show host.
March 7, 2012 |
For a recent episode of the TV series "Modern Family," Raul Ojeda crafted a pair of shoes covered in red sequins for actor Jesse Tyler Ferguson. His character, Mitchell, shows off the shoes for a "Wizard of Oz"-themed birthday party he throws for his partner, Cam. A decade ago, Raul Ojeda was working as a shoe shiner. Now the 29-year-old is leaving his own footprint in Hollywood, supplying custom-made shoes to stars such as Steve Carell and Sally Field. Ojeda is the owner of Los Angeles-based Willie's Shoe Service, a shoe repair shop that has been providing footwear to the entertainment industry since 1956, when Willebaldo "Willie" Rivera opened a small business across from Paramount Pictures on Melrose Avenue.