Money the Missing Link for Palmdale Conference Center

01 April 2010

The design has been completed and the process to obtain permits has started for what would be the premiere meeting space in the Antelope Valley. What the City of Palmdale now needs for its planned conference center is money to build it. And that may not be easy to come by. In different times the [...]

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Posted in Banking/Finance0 Comments

Ventura Incubator Targeting Valley Companies

31 March 2010

A few years ago, Alex Schneider posed a radical idea to the City of Ventura. And it wasn’t just about how good the surf was in the beach town located on the 101 Freeway between Los Angeles and Santa Barbara. He rallied support to use part of the city’s $5 million Economic development fund to [...]

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Entertainment Industry Groups Opposing Film Futures Market

31 March 2010

The Motion Picture Association of America and other entertainment industry groups are seeking a delay on approval of a futures exchange tied to box office receipts. The Sherman Oaks-based MPAA and the other groups want more time to give their views to the Commodity Futures Trading Commission, which is scheduled to vote April 2 on [...]

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Posted in Entertainment2 Comments

Santa Clarita Chamber’s Mankin Retires, Masterson Steps In

31 March 2010

Santa Clarita Chamber of Commerce President and CEO Larry Mankin, 62, announced his retirement last week and the chamber announced that Ed Masterson will step in as interim director. Mankin served the Santa Clarita Chamber for 7 years and worked for chambers across the country for 35 years. Mankin and his wife will return to [...]

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Younan Properties in Acquisition Mode

28 March 2010

Zaya Younan is convinced many office real estate markets in the U.S. have hit bottom. And he’s wasting no time shifting Woodland Hills-based Younan Properties back into acquisition mode, which may involve tapping public markets. “There’s evidence the recession is leveling and deterioration slowing down,” said Younan. “The economy is still weak and fragile. But [...]

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NetSol Forming Subsidiary in China

27 March 2010

NetSol Technologies, Inc., provider of global business services and enterprise application solutions, is forming a wholly owned subsidiary in China. To date, the company has operated in the region out of its representative office in Beijing. China’s Economic growth, government economic stimulus policies and ten consecutive years of double-digit increases in disposable incomes are driving [...]

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Image Delisted from NASDAQ

27 March 2010

Image entertainment Inc. will no longer be listed on the Nasdaq Stock Market as of Feb. 3 for falling below the required $15 million value limit. The Chatsworth-based producer and distributor of home entertainment programming expects that its common stick will be listed on the over-the-counter Pink Sheets. Image will not deregister its stock with [...]

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Posted in Small Business0 Comments

Firm Targets ‘Underserved’ African-American Market

27 March 2010

Newhall Laboratories Inc. is banking on a new line of hair-care products formulated specifically for African American women to grow the company. Newhall Laboratories launched an advertising campaign for GroWorks that included nationwide product sampling that began on Martin Luther King Day in major markets such as New York, Los Angeles, Washington, D.C., Dallas and [...]

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General Manager Leaving Van Nuys for LAX

27 March 2010

Van Nuys Airport General Manager Selena Birk is leaving that position to make a lateral move to Los Angeles International Airport. Birk has been at the Valley airfield for 10 years and a visible presence in the business community. She has served on the board of the Valley Economic Alliance and honored in 2006 with [...]

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Film, Video Revenues Dip For Time Warner

27 March 2010

Fewer home video releases and a drop in video catalogue sales contributed to a decrease in filmed entertainment revenues for Time Warner Inc. during the 2009 fiscal year. For the fiscal year ending Dec. 31, Warner Bros. brought in $11.1 billion in revenues, a 3 percent drop from the previous year. Warner Bros. had a [...]

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CEO Resigns at Motion Picture and Television Fund

27 March 2010

Dr. David Tillman has resigned as president and CEO of the Motion Picture and Television Fund and the former president of Panavision has been named as an interim successor. Tillman has headed the fund, which provides health care and other services for those in the entertainment industry, for 10 years. Recent years have been financially [...]

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Tix Corp. Buys Las Vegas Discount Ticket Broker

27 March 2010

Tix Corp. has acquired the assets of All Access entertainment, a discount ticket service with five facilities in Las Vegas. All the locations are being converted to locations of Tix Corp. subsidiary, Tix4Tonight. The new facilities bring the total number of Tix4Tonight locations in Las Vegas to 13. All Access entertainment President Metin Durmus will [...]

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Posted in Economy1 Comment

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