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News releases from L.A. Biz

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Disney Roundup: P&G takes over ABC sitcom storyline... New ESPN arena
Burbank, California-based Walt Disney Co. has operations around the country. It also owns ABC Television, ESPN Inc., Pixar, Marvel Studios and Lucasfilm Ltd. Here are recent stories on Disney reported... 
Tags Travel Travel & Tourism The Walt Disney Co/
From Business Journals
Lyft drove $221 million into the Los Angeles economy last year
Los Angeles passengers saved more than 11.2 million travel hours in 2017 because of Lyft — time that is valued at $428 million. 
Tags Logistics & Transportation Allen Narcisse Local Transit
From Business Journals
Sony’s two-week winning streak continues at the weekend box office
For the second weekend in a row, “Jumanji” was No. 1 at the weekend box office, outscoring the national expansion of “The Post” as well as three new wide releases. 
Tags Time Warner Inc/ Jumanji Lions Gate Entertainment Corporation
From Business Journals
Sandberg and Dorsey to step down from Disney board
The two tech leaders foresee conflicts of interest as Disney, Facebook and Twitter all move into streaming video sector. 
Tags Facebook, Inc/ Media & Marketing Twitter
From Business Journals
Live Nation settles with Songkick for $110 million
The settlement comes just two weeks before the two companies were set to go to trial. 
Tags Media & Marketing Live Nation Entertainment Live Nation Entertainment, Inc/
From Business Journals
Viacom shares surge with report of CBS merger talks
Shari Redstone has changed her mind again about merging to two media conglomerates controlled by National Amusements. 
Tickers CBS
Tags Viacom Les Moonves Shari Redstone
From Business Journals
Netflix, Amazon, Disney sue streaming device seller Dragon Media
Netflix and Amazon, along with major studios have filed a lawsuit against Dragon Media, a streaming device seller that they say has facilitated piracy of movies and TV shows. 
Tags Walt Disney Company (The) Paul Christoforo Twentieth Century Fox Film Corp/
From Business Journals
Internet Brands adds Avvo to legal portfolio
Internet Brands, the online media and software services firm in El Segundo, will acquire Avvo Inc., a Seattle-based online legal marketplace. 
Tags Nolo Mergers and Acquisitions Internet Brands
From Business Journals
Flick picks: ‘Paddington 2’ is stuffed with charm and whimsy
The stunning CG creation will melt even the most jaded moviegoer’s heart. 
Tags Sally Hawkins Hugh Bonneville Brendan Gleeson
From Business Journals
L.A.-area startup Ozobot is considering adding AI to its coding robot
The first version of Ozobot — Ozobot Bit — was designed to introduce simple computer coding to kids. 
Tags Amazon Nader Hamda Technology
From Business Journals
You can own a stake in Drake's whiskey brand
Rapper Drake plans to sell fans stakes in whiskey venture Virginia Black, hoping to raise as much as $30 million to grow the company. 
Tags Brent Hocking Retailing & Restaurants Food & Beverage Manufacturing
From Business Journals
Dodgers Accelerator rebrands as year-round effort
The Los Angeles Dodgers and R/GA Ventures have retooled their business incubator program into a globally oriented and year-round entity with much larger ambitions. 
Tags Los Angeles Dodgers GA Ventures Sports Business
From Business Journals
Construction crews go (100 feet) deep as L.A. Rams stadium takes shape (PHOTOS)
The Los Angeles Rams are literally going deep for pay dirt preparing for the Super Bowl — as future host, as well as a potential participant in this year’s title tilt. 
Tags Robert Aylesworth Sporting Venues Mark Williams
From Business Journals
Fewer than 10 spots are left for Super Bowl ads
NBC expects to make $500 million in advertising revenue on Super Bowl Sunday. 
Tags Comcast Corporation Sporting Events Media & Marketing
From Business Journals
IMDb launches its first weekly show
Movie information website IMDb has launched its its first-ever weekly series featuring entertainment news and interviews with celebrity guests and insiders. 
Tags Cable & TV INE Entertainment Tim Kash
From Business Journals
Flick picks: ‘The Commuter’ takes train to crazy town
Liam Neeson’s fourth collaboration with director Jaume Collet-Serra is just as ridiculous, and just as fun, as its predecessor “Non-Stop.” 
Tags Media & Marketing Jaume Collet/Serra Liam Neeson
From Business Journals
See Jane Go (out of business): Women-only ride hailing company closes
See Jane Go Inc., which envisioned itself as an Uber or Lyft exclusively for women, has left the ride sharing business after just over a year. 
Tags Transportation Kimberly Toonen William Jordan
From Business Journals
Snap roundup: Snapchat leak offers peek at data, morale
Venice, California-based Snap Inc. is in the news so often, here at L.A. Biz we call our stories about the social-media platform “daily Snaps.” 
Tags Media & Marketing Facebook Snap Inc/
From Business Journals
Fox TV Chair Dana Walden won’t take Amazon Studios job
She has elected to stay in her post at Fox to help navigate the studio’s acquisition by Disney. 
Tags Amazon Twenty/First Century Fox, Inc/ Walt Disney Company (The)
From Business Journals
Elon Musk roundup: SpaceX setback… Tesla supercharger station plans
Recent stories on Tesla, hyperloop and SpaceX reported by The Business Journals and elsewhere. 
Tags Tesla, Inc/ United Launch Alliance Technology
From Business Journals
Toyota, Honda recall another 1 million cars as part of expanded airbag recall
Auto makers Toyota and Honda are recalling more than 1 million additional vehicles in the United States to replace defective Takata air bag inflators have have caused several deaths globally. 
Tags Automotive Logistics & Transportation Toyota Motor Corp Ltd Ord
From Business Journals
Premium home-video conversation has ‘lost momentum,’ AMC exec says
AMC Entertainment is no longer discussing shortening the theatrical release window with the movie studios, CFO Craig Ramsey said this week. 
Tags Media & Marketing AMC Entertainment Holdings, Inc/ Adam Aron
From Business Journals
InMobi buys LA adtech firm AerServ for $90 million for mobile ads
The combined companies will create the industry’s first mediation platform with a unified programmatic auction for mobile in-app publishers. 
Tags Media & Marketing Josh Speyer Advertising & Public Relations
From Business Journals
Fox close to buying 10 Sinclair TV stations
The acquisition would increase Fox’s footprint of local televisions stations by more than a third. 
Tags Sinclair Broadcast Group Walt Disney Company (The) Federal Communications Commission
From Business Journals
Stakes are high as the Overwatch League launches to hype, hope and pleas for patience
The boldest gamble yet in esports starts this week, and the entire gaming industry and those still on the sidelines are watching closely. But despite the hype, Overwatch League executives and team... 
Tickers HP
Tags HP Activision Blizzard Pete Vlastelica
From Business Journals
Snapchatters use app to snap and chat, ignore marquee features, according to data
Confidential Snap Inc. data reveals that users are less interested in the Discover section and new tools like Snap Map. 
Tags Social media Snap Inc/ Media & Marketing
From Business Journals
ObEN raises $10M to bring immersive AI experiences to retail and hospitality
ObEN Inc., an artificial intelligence company that is building a platform for intelligent avatars, has raised $10 million to bring immersive AI experiences to the retail and hospitality industries. 
Tags Nikhil Jain Adrian Cheng Technology
From Business Journals
Overwatch League signs streaming-rights deal
Twitch has acquired the streaming rights to the Overwatch League in a two-year deal a top league official says “values our content at an unprecedented level for esports.” 
Tags Major League Gaming Sports Business Pete Vlastelica
From Business Journals
Warner Bros. shakes up its executive ranks
Blair Rich and Ron Sanders will be taking over Krolls duties as presidents of worldwide marketing and distribution, respectively. 
Tags AT&T Media & Marketing Film Industry
From Business Journals
Grindr CEO exits with sale to Chinese gaming company
Joel Simkhai has logged off the gay dating app with the purchase of his remaining stake by Kunlun Group Limited, a gaming company based in Beijing. 
Tags Social media Media & Marketing Joel Simkhai
From Business Journals
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