San Fernando Valley Business Journal


Tuned Out

Disney unloading radio stations amid digital revolutionEntertainment: Disney is selling 23 stations, but the Radio Disney format will live on.

By Mark Madler November 17, 2014 midnight   $$ Share

Legal Zooms In On Sam’s Club

Retail: Glendale online legal firm in alliance with Wal-Mart.

Retail: LegalZoom signs an agreement with the world’s largest retailer to reach small business owners.

Ticket Holders Staying in Seats

Aerospace: No rush for exits after Galactic crash.

Aerospace: The crash of Virgin Galactic’s spaceship hasn’t deterred ticket-buyer Edwin Sahakian.

Delayed Delivery?

While much of the news coverage of the Oct. 31 Virgin Galactic crash focused on the effect on space tourism, the tragedy actually had broader commercial implications.

Economy Up, MBAs Down

List: Enrollment is falling, but new accreditation could increase the value of local MBA degrees.

No Diamonds For These Lodgings

Hovelstay a hit with travelers into garages, lofts, even hammocks.

Hospitality: Adventurous travelers can skip hotels and go to

Can You Text Lancaster In Mandarin?

Antelope Valley city promotes itself on Chinese social media.

Development: Lancaster uses social media to reach business executives in China.

Knees Are Not Meant For Knocking

USC starts clinical trial to study stem cell treatment on joints.

Innovation: A stem cell study in the Antelope Valley could lead to new therapies for knee pain.

The Number

The Number: Voter turnout reached an historic low for the Nov. 4 election.

Seeing Double Profit?

Ecommerce: Made Eyewear allows customers to order custom glasses – and return them.

Ecommerce: Online retailer Made Eyewear lets customers try the merchandise before buying.

Digital Audio Firm Picks Up Video Counterpart

Theaters: Dolby acquires Doremi Labs in Burbank for at least $92.5 million.

Technology: Dolby’s acquisition of Doremi Labs will try to marry audio and video gear.

Valencia Hospital Plans Towering Expansion

Health Care & Biotech: New patient building will add 116 beds to non-profit facility.

Henry Mayo Newhall Memorial Hospital recently hired an architectural firm and builder to construct a 160,000-square-foot, six-story tower on its Valencia campus.

Tipalti Investors Like What They See in the Cloud

Finance: Agoura Hills firm looking to expand after receiving $13 million.

With $13 million in new funding, Tipalti is looking to grow in employees and services.

Hollywood Software Founder Lives Second Act

Entertainment: David Gajda buys back Woodland Hills firm he sold to Cinedigm.

When Cinedigm Corp. was looking to sell its Woodland Hills-based Hollywood Software division, David Gajda saw an opportunity to get back into the entertainment industry with a business he was already familiar with.

The Beer Engineer

Luis Cayo’s mechanical engineering degree got him jobs running Budweiser breweries worldwide, and now Van Nuys.

Q&A: Brew master Luis Cayo traveled the world for a good beer and found it in Van Nuys.

Second Luxury Ranch Set for Northwest Valley

Real Estate: Developers plan up to 314 homes, some on half-acre lots for horses.

After a decade of waiting, a major housing development in the San Fernando Valley is finally ready to move forward – though not quite as large as initially envisioned.

Desert Beauty

Lancaster wants to be the first “net zero” city in the world, meaning it produces at least as much energy as it consumes.

around the valleys

News and notes from around the greater San Fernando Valley

A Chatsworth man has been sentenced to more than 10 years in federal prison and ordered to pay $4.6 million in restitution after being convicted of running a Ponzi scheme that cost 82 victims about $7 million.


Calendar of Events


Market Watch Summary

Stocks reacted positively to good economic news during the two-week period ended Nov. 12.

An Election That’s Not Over

From the newsroom: A sudden crash to Earth.

When Money Talks, Voters Listen

Group behind Propositions 45 and 46 to continue seeking insurance-rate regulation, malpractice law changes.

Op-Ed: Money talks in elections.

ObamaCare: The Gift That Keeps Giving

Op-Ed: Health reform costs start adding up.

Tease photo

Their Tube

Music-licensing firm has big presence on video website

Entertainment: AudioMicro has found a way to make money on YouTube.

Luxe Developer Eyeing Glendale

Housing: Fifield Cos. takes over Amidi project downtown.

Housing: The developer of a large apartment complex in Glendale has pulled out. A Chicago luxury firm is in.