October 23, 2012 |
Zynga Inc. has laid off about 150 employees, shut down 13 games and is closing a production studio in a cost-cutting move for the troubled social-gaming giant. The cutbacks Tuesday come almost three weeks after the San Francisco firm reduced its financial projections amid a weakening market for Facebook games and a day before it was scheduled to release third-quarter earnings. Zynga is shutting down a studio in Boston that made its “Indiana Jones Adventure World” game. The company has proposed closing facilities in Japan and Britain as well, and is laying off staff at an Austin, Texas, studio that made “The Ville.” Chief Executive Mark Pincus said in an email to staffers that Zynga is “parting ways” with about 5% of its workforce.
November 7, 2013 |
A new perspective on L.A. country-rock band Lone Justice arrives Jan. 14 with the release of “This Is Lone Justice-The Vaught Tapes, 1983,” a collection of live-in-the-studio recordings the band made as its career was heating up. The band, fronted by singer Maria McKee, entered a Van Nuys recording studio in December 1983 with engineer David Vaught and recorded versions of a dozen of the songs that were a core part of the group's set at the...
September 18, 2012 |
NEW YORK - Scott Elyanow had clung to the red, long-sleeved sweatshirt with the words "Marblehead High School" for 20 years. It had softened with age, like the memory of the long-ago love who had given it to him. But Elyanow was nearing 40, and what he had gained in years and wisdom he hadn't gained in living space - his apartment measures 275 square feet, including the bathroom, kitchen and an entryway with overhead clearance of 5 feet, 7...
November 29, 2013 |
China's box office through the first three quarters was up 35% from last year, with contemporary-themed Chinese films drawing particularly large audiences. Yu Dong, chief executive of Nasdaq-listed Chinese movie studio and distributor Bona Film Group, was in Los Angeles this month for the Asia Society's U.S.-China Film Summit and meetings with Hollywood partners, including Fox International Productions. We caught up with him to talk about the state of the market and his studio's plans for 2014.
August 27, 2000
Hooray for Alan Horn and his wife, Cindy ["Studio Chief Is DNC's Secret Weapon," The Biz, Aug. 16]. It's unusual for a studio chief to take a stand against gratuitous sex and violence. He speaks for many parents of young children. LEE LEVEY Los Angeles
November 7, 1992
I got a good laugh from your article about Brandon Tartikoff resigning from Paramount Pictures after so short a time ("Tartikoff: A 'Nice Guy' Who Didn't Finish," Nov. 2). I have good reason to believe that if he ran the studio like he did his own office, it's amazing he lasted those 15 months. I sent him a short letter urging him to have someone on his staff read a novel because it has a part that is just right for Eddie Murphy. Back came a letter from a lawyer informing me that the studio needed no help from the likes of me in getting material for Murphy.
May 23, 2012 |
Motel 6 and Studio 6, the no-frills budget hotel chains that once offered rooms for $6 a night, are being sold by French parent Accor for $1.9 billion. The new owner, an affiliate of private equity firm Blackstone Group, already owns Hilton Worldwide. Blackstone said it plans to "accelerate the expansion of the franchise base" for Motel 6 and Studio 6. Accor will use proceeds from the sale to slash its debt and grow its luxury Sofitel and Novotel hotels in Asia, Latin America and Europe.
September 20, 2012 |
News Corp. Chief Operating Officer Chase Carey had nothing but nice things to say about the media giant's movie unit just days after ousting Tom Rothman from his position as co-chairman of Fox Filmed Entertainment. "Our film business has had a fabulous run for years, really been a leader and certainly the team there have been essentially the ones who have driven that," Carey said Thursday at the annual Goldman Sachs Communacopia conference in New York. Carey added that "we feel very proud about what the film management team has done.
January 26, 2013 |
PARK CITY, Utah -- Muscle Shoals, Ala., has been at the heart of popular music for decades, a melting pot for the cross-currents of rock-and-roll, R&B, country and soul. Artists such as Aretha Franklin, Bob Dylan, the Rolling Stones, the Allman Brothers Band, Wilson Pickett, Percy Sledge, Bobbie Gentry and countless others have recorded there. The new documentary "Muscle Shoals," which has its world premiere at the Sundance Film Festival on Saturday, takes a look at this distinctly American place.
CALIFORNIA | LOCAL
August 26, 2013 |
Los Angeles County leaders will decide Tuesday whether to allow the construction of a major high-tech television and film production facility on a sprawling ranch personally selected by Walt Disney to serve as the backdrop for many of his studio's productions. The Disney/ABC proposal, which has been in the works for four years, would develop 58 acres of 890-acre Golden Oak Ranch in the northwestern part of the county, adding more than half a million square feet of studio space, multiple sound stages, writers bungalows and other developments.