San Fernando Valley Business Journal

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.

Business Events Calendar

Business Events throughout the Valleys.

County Unemployment Falls on Government Hiring

Los Angeles County’s unemployment rate fell to 7.6 percent in March as the county added 28,400 jobs, according to state figures released Friday.

L.A. Venture Capital Investment Up Sharply

Venture capital investment in Los Angeles and Orange counties nearly tripled to $1.6 billion in the first quarter, according to the Money Tree report released Friday by PricewaterhouseCoopers LLP and the National Venture Capital Association.

Valley Home-Buying Season Starts Strong

San Fernando Valley home and condominium sales surged in March as the traditional home-buying season got off to an unexpectedly strong start, according to a Southland Regional Association of Realtors report released on Friday.

Developer Planning Sherman Oaks Small-Lot Subdivision

A Sherman Oaks Neighborhood Council committee gave an informal thumbs up on Thursday night to plans by Beverly Hills developer Raffi Cohen to build an eight-unit, small-lot subdivision in the community

Local Businesses Receive State Tax Credits

Japanese light-rail manufacturer Kinkisharyo USA Inc., aerospace giant Northrop Grumman Corp. and financial software developer Blackline Systems Inc. were among companies with Valley-area operations receiving state job tax credits this week.

Issue Preview: Stratolaunch Taxis to Runway

The world’s largest plane could be completed before year’s end at the Mojave Air & Space Port in a new space race to launch satellites at lower cost

Issue Preview: Latino Power

Developers and lenders are finally seeing the opportunity to serve the growing Latino retail market, a heartening trend highlighted in our Real Estate Quarterly Special Report.

Katzenberg Takes Big Pay Cut

DreamWorks Animation SKG Inc. Chief Executive Jeffrey Katzenberg took a 53 percent cut in his salary in 2014 after not receiving performance-based incentives, according to documents filed with the Securities and Exchange Commission.

Home Sales, Foreclosures Rise

The month of March brought a familiar seasonal surge in Southern California home sales – but it also saw a sharp increase in foreclosures in L.A. County, according to two reports released on Thursday.

Briefs: Cherokee, Amgen

Cherokee Global Brands beats Wall Street expectations, Amgen heart drug gains approval.

Appeals Court Approves Walmart Superstore

A state appeals court panel has decided in favor of Wal-Mart Stores Inc.’s proposal to build a superstore in Burbank.

Talon CEO Resigns

Talon International Inc. announced the resignation of its chief executive officer of 15 years on Tuesday.

Semtech Completes Sell-Off

Semtech Corp. announced Wednesday it has completed the sale of its defense and microwave communications business.

Anthem California Chief Resigns

The president of Anthem Blue Cross in California is leaving the insurer for a different job in the health care industry.

Location Filming Declines in Quarter

Location filming in the Los Angeles area dropped 3 percent in the first quarter of 2015, according to a report released Tuesday by FilmL.A.

Briefs: Tutor Perini, Merex Group

Tutor Perini wins $117 million contract, Merex Group reorganizes its portfolio companies.

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