Stories for December 2002

Monday, December 23

Technicolor Drops Out of Digital Business

Technicolor Digital Cinema, one of only two digital movie projection and equipment makers in the U.S., has decided to stop marketing its equipment and developing new technology until Hollywood's top film studios agree on a standard for digital filmmaking.

NEWSMAKERS

Businesspeople in the new, on the move

2002: Year In Review - Winners and Losers

2002: Year In Review

Developers Shift to Residential in Warner Center

A large office property in Warner Center has been sold to developers who intend to redevelop a portion of the parcel for residential use.

Teachers Are Targets With Housing Plan

When the developers of a new home community in Sylmar chose a location near a Metrolink station, they hoped that homebuyers would leave their cars home and help relieve freeway congestion.

The Valley's Biggest Real Estate Deals of the Past Year

2002: Year In Review; A weak stock market and low interest rates conspired to make 2002 a banner year for commercial property sales.

CORPORATE FOCUS: Countrywide Prepares for End of Refinancing Craze

For the last two years, the mortgage business has been the goose that laid the golden egg for Countrywide Financial Corp.

VALLEY FORUM: What Helped Your Business This Year?

It may have been a bad year for the economy, but business goes on and, with that in mind, the San Fernando Valley Business Journal wants to know: What did you do in 2002 to limit the impact of an economic downturn on your business?

THE BRIEFING

THE BOSS' MANAGEMENT STRATEGY: These can be challenging times for those in the banking industry. In the current economy, few companies consider themselves to be in growth modes, consequently they have less need to borrow money.

Monday, December 9

Enquirer Owner Buys Weider

American Media Inc. bought Woodland Hills-based Weider Publications, owner of Shape and Men's Fitness magazines, for $350 million.

Ahmanson Ranch Opponents Crank Up Efforts

Pending lawsuits coupled with anticipated standing-room-only crowds threaten to delay a vote Dec. 10 by the Ventura County Board of Supervisors on whether to approve plans for the beleaguered 3,050-home development proposal known as Ahmanson Ranch.

Prescriptions, Publications Part of Valley Pet Industry

Small business. The backbone of the San Fernando Valley economy. And, a significant number of small companies based here happen to cater to what has grown quietly into a multi-billion-dollar industry: pet care.

Valley Community Clinic Feels Pain of County Cuts

As predicted, the recent round of closures at three L.A. County-run health clinics in the San Fernando Valley has brought thousands of low-income patients to the doorstep of Valley Community Clinic

The Briefing

THE BOSS' MANAGEMENT STRATEGY

BANKRUPTCIES

Weekly list of Valley business bankruptcies

LABJ FORUM: What Are You Buying for Christmas?

'Tis the season to... spend countless hours at the malls shopping for the perfect gift! With that in mind, the San Fernando Valley Business Journal wants to know: What are the hottest gifts on your shopping list in 2002? And where do you go to find them?

Cherokee Signs Deal With Hearst to Market Magazines

CORPORATE FOCUS By JACQUELINE FOX

Firms Find Stock Buybacks Attractive in Bear Market

With stock prices depressed and interest rates low, more and more companies are turning to stock repurchase programs to invest cash, boost earnings or both.