San Fernando Valley Business Journal

Update: DreamWorks' Suitor Eyes Legendary

Talks were reportedly cooling between DreamWorks Animation SKG Inc. and SoftBank Corp. But the Japanese telecom and Internet company may invest in another Valley film and television production company, according to media reports on Tuesday.

L.A. Economic Recovery Lagging

The economic recovery in Los Angeles has been uneven and lags behind the rest of the state and nation, according to a report released Tuesday.

Research Solutions Posts Loss

Research Solutions Inc. reported falling revenue and net income in its fiscal fourth quarter, as the company struggles with a transition from print to cloud-based distribution.

Business Events Calendar

Business Events throughout the Valleys.

DreamWorks Shares Rise Amid Buyout Skepticism

Shares in DreamWorks Animation SKG Inc. rose 26 percent on Monday following the announcement of its possible acquisition by a Japanese telecommunications and Internet company in a deal valued at $3.4 billion.

Will L.A. High-Rises Pierce the Sky?

Los Angeles will no longer require tall buildings in the city to have flat roofs and helipads, a change that means the city’s skyline could one day include the kind of narrow tops and grand spires seen in other big cities.

Briefs: Tutor Perini, Grease Bill, Qualstar

Tutor Perini wins Chumash casino contract. Gov. Brown signs grease theft bill. Qualstar reports earnings.

Japan's SoftBank Bids for DreamWorks

DreamWorks Animation SKG Inc. is in discussions to be acquired by a Japanese telecommunications and Internet company in a deal valued at $3.4 billion, according to weekend media reports.

Marvel Settles Superheroes Battle

The family of comic book artist Jack Kirby and Marvel Entertainment said Friday they have settled a lawsuit over ownership rights to some of the Hollywood’s most popular superheroes, including the Incredible Hulk and Spider-Man.

Changes at Burbank's Hub Network

Discovery Communications Inc. is increasing its stake in Burbank cable channel Hub Network, which will be renamed to reflect broader family programming.

Pierce College Farm Stand to Close

The Pierce College Farm Center, which operates a vegetable stand and other attractions, will close by end of the year, according to a Friday media report

Briefs: Metric Holdings, American Homes

Tarzana real estate firm buys Hawaiian industrial park. American Homes completes offering.

FAA Approves Hollywood Drone Use

Two San Fernando Valley aerial photography companies were among six that received approval on Thursday from the Federal Aviation Administration to use drones for film and television production.

California United Gets Regulatory Approvals

CU Bancorp is one step closer to completing its acquisition of 1st Enterprise Bank after announcing Thursday it has received all approvals from government regulators.

Briefs: IPC, Ryland Group

IPC makes another acquisition. Ryland opens subdivision.

L.A. Council Approves Hotel Wage Hike

Over strenuous objections from business groups, the Los Angeles City Council on Wednesday voted to hike the minimum wage for workers at large nonunion hotels to $15.37 an hour.

MannKind Closes Sanofi Deal

MannKind Corp. announced on Wednesday that it has closed its worldwide marketing deal for its Afreeza inhalable insulin and will receive a $150 million payment from French drug maker Sanofi.

Cinedigm Sells Woodland Hills Unit

A Woodland Hills division of entertainment content distributor Cinedigm Corp. has been sold to a group of private investors, the company announced on Wednesday.

Disney Toy Deal Excludes Mattel

Walt Disney Co. announced on Wednesday that it reached a deal to have Hasbro Inc. manufacture its Disney Princess and “Frozen” lines of dolls, a blow to current manufacturer and L.A. toy maker Mattel Inc.

Briefs: AeroVironment, Teledyne, Ixia, L.A. Zoo

AerovVironment receives contract. Teledyne raising $125 million. Ixia appoints CFO. Public-private partnership for L.A. Zoo.

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