San Fernando Valley Business Journal

Warner Bros. Releasing Female Superhero Toys

Warner Bros. is partnering with toymaker Mattel Inc. to launch a product line based on female superheroes and villains from the studio's DC Comics division.

New CFO at Wesco Aircraft

Richard J. Weller has been appointed chief financial officer and executive vice president at Wesco Aircraft Holdings Inc.

Planning Commission OKs Sun Valley Studio Complex

The Los Angeles Planning Commission unanimously recommended on Thursday that a proposed sound stage complex in Sun Valley receive a conditional use permit and required variances from zoning rules.

Proxy Advisory Firm Sides With Superior

Superior Industries International Inc. announced on Friday that a major proxy advisory firm has recommended that Superior shareholders vote for the company’s slate of directors.

Business Events Calendar

Business Events throughout the Valleys.

Technicolor, Deluxe Create Digital Joint Venture

Technicolor S.A. and Deluxe Entertainment Services Group Inc. announced Thursday an agreement to create a digital cinema joint venture.

Santa Clarita Project Clears Environmental Hurdle

A state appeals court has upheld an L.A. County environmental review for a portion of the mammoth Newhall Ranch community in the Santa Clarita Valley.

AwesomenessTV to Launch Channel for Moms

DreamWorks Animation’s AwesomenessTV online teen network will launch a second network later this year aimed at mothers in the millennial generation.

Disney Won't Show Verizon TV Ads

Television ads for Verizon’s new pay-TV package service, FiOS Custom TV, have been pulled from channels owned by Walt Disney Co. in Burbank.

Cheesecake Profit Beats Expectations

Cheesecake Factory Inc. on Wednesday reported fiscal first quarter profit that exceeded analyst estimates, while missing on revenue.

Englander Declares for Antonovich Seat

Valley Councilman Mitch Englander announced on Wednesday that he is running to replace County Supervisor Michael Antonovich, who is termed out.

Insurance Commissioner Calls Anthem Rates ‘Unjustified’

California Insurance Commissioner Dave Jones on Wednesday called on Anthem Blue Cross to lower rate hikes for some certain individual policyholders, calling the company’s recent rate changes “unjustified and unreasonable.”

Report: L.A. Private Equity Titan Buys Hawks

Antony Ressler, the chief executive of Century City private equity and debt firm Ares Management, has agreed to buy the National Basketball Association’s Atlanta Hawks for about $850 million, sources told ESPN.

Briefs: Hollywood Software, Burt Rutan Startup, Valley Home Sales

Hollywood Software makes acquisition. Aviation pioneer Burt Rutan founds startup for remote-controlled planes. Another report finds Valley homes sales up in March.

Amgen Beats Expectations, Raises Outlook

Amgen Inc.’s first quarter results beat analyst expectations Monday and the company raised its guidance for the rest of the year.

Agoura Shopping Center Sells for $27.8 Million

An Agoura Hills shopping center off the 101 freeway near Kanan Road has sold for $27.8 million, or about $768 a square foot.

Briefs: High-Speed Rail, Capstone

Valley builders qualify for bullet train bidding; Capstone sells turbine in Colombia.

Warner Bros. Extends IMAX Pact

Warner Bros. Pictures and Imax Corp. have extended their partnership for five years with a deal to release up to 30 of the Burbank studio’s biggest upcoming films in the large-screen format.

LANG Newspaper Wins Pultizer

The Daily Breeze, the daily newspaper coving Los Angeles County’s South Bay, has won a Pulitzer Prize for local reporting.

Briefs: Judge Rules Against Disney, Cook's New Media Firm

A federal judge ruled in favor of a filmmaker suing Walt Disney Co. for copyright infringement involving the trailer for Disney’s animated hit, “Frozen.” Former Walt Disney Studios Chairman Dick Cook has started a media production company with a $150 million investment from a Chinese conglomerate.

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