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Loop Media Enters Video Game Market

Loop Media Inc. has partnered with Ultimate Gamer to bring its music videos and other content to the gaming market.

Pandemic Effects Boost Private Company Sales

LIST: From data storage to online sales, entrepreneurs adapt to the times.

Among companies on the Business Journal’s list of Private Companies with the biggest increases in revenue was Lamps Plus Inc. The Chatsworth retailer of lamps, lighting fixtures and home furnishings saw its revenue rise by 166 percent in 2019 to put it at No. 13 on the list. The previous year, the company had been No. 24 with $150 million in revenue for 2018, a Business Journal estimate.

First Home COVID Test In Valencia

Ellume’s $30 kit secures approval from the FDA.

Digital diagnostics company Ellume Inc., an Australian company with U.S. operations in Valencia, developed the first at-home COVID-19 test approved by the U.S. Food and Drug Administration.

Publishers Find ‘Mag’ App Easy

MEDIA: Phone-based technology creates online magazines

Jake Warner needed a tool to streamline his workflow as a photographer and media manager for Red Bull’s auto racing series.

Disney Reports Subscription Numbers, Shares Soar

At an investor conference Thursday, Walt Disney Co. announced its Disney+ streaming service has amassed 86.8 million paid subscribers.

BioSolar Launches Green Hydrogen Subsidiary

Battery technology company BioSolar Inc. has launched a wholly owned subsidiary focused on producing green hydrogen at a lower cost.

Not Much Vacancy at Newhall Crossings

Residential component rents all apartments – but adjacent movie theater remains empty in pandemic.

It was supposed to be a summer 2020 celebration — the simultaneous ribbon-cutting of the mixed-use residential and retail complex Newhall Crossings and a brand new, seven-screen Laemmle Theatres arthouse cinema was going to usher in a new commercial enterprise in the heart of Newhall that has been under construction since 2018.

State Small Business Fund Opens for Grant Applications

The state of California’s $500 million Small Business COVID-19 Relief Grant Program has opened its first round of applications

Burbank's Quanta in Reverse Merger With Medolife Rx

Quanta Inc. in Burbank has agreed to acquire a 51 percent stake in Medolife Rx, a Wyoming company that uses patented polarization technology to make anti-viral and immune-boosting therapeutics.

Semtech and Amazon Sign Third Deal

Latest agreement for cloud computing develoment.

Semtech Corp. has teamed with Amazon Web Services Inc. to offer its long range, low power wide area network (LoRaWAN) protocol for Amazon’s managed cloud service.

Chambers of Commerce Send Letter to State Officials

A coalition of chambers of commerce – including many in the Valley region – plan to send a letter to state elected officials Thursday voicing their concerns about the latest stay-at-home orders.

For Drug Modeler, French Connection Pays Off

Quarterly report validates Simulations Plus’ acquisition of Lixoft earlier in the year.

Simulations Plus bought French medical software company Lixoft in April, despite a pandemic that hampered in-person communication.

Cheesecake Factory Settles for Misreporting Pandemic’s Impact

The Securities and Exchange Commission has settled charges against Cheesecake Factory Inc. for misreporting the impact of the coronavirus on its business operations and finances.

AROUND THE VALLEYS

AROUND THE VALLEYS

AIDS Healthcare Foundation Protests Amgen Pricing for Orphan Drugs

The AIDS Healthcare Foundation in Los Angeles staged a socially distant protest at Amgen headquarters in Thousand Oaks in response to the biotech giant’s refusal to sell orphan drugs to nonprofit entities at a reduced price.

New Talent at Loop Media’s Content Shop

Greg Drebin brings expertise from Universal Music, MTV.

Short form video distributor Loop Media Inc. has brought on a veteran entertainment industry executive as the chief content and marketing officer for Loop Media Studios.

Executives Promoted at PennyMac Financial

PennyMac Financial Services Inc. has announced two promotions within its executive ranks, effective Jan. 1.

Carbon Health Opens Testing Site in Simi Valley

Clinic starts with COVID based on current demand.

San Francisco-based urgent care chain Carbon Health opened its first clinic in Ventura County just before Thanksgiving — with its initial focus on COVID-19 testing, according to the company.

Judge Calls Outdoor Dining Ban ‘Unenforceable’

A Los Angeles County Judge Tuesday tentatively ruled the county’s Public Health Department “acted arbitrarily” in implementing a prohibition on outdoor dining.

Three Counties Explore Forming Separate COVID-19 Region

Ventura, Santa Barbara and San Luis Obispo counties intend to petition the state to form a separate Central Coast region for the purpose of coronavirus pandemic regulation.