Varda Space Takes Over Former Mattel Facility in El Segundo
Varda Space Industries signs a lease on a 205,443-sq-ft El Segundo building once used by Mattel, returning the site to its aerospace manufacturing roots.
Business
The latest business coverage from Burbank, California.
Cinespace Opens New Studio Campus in Woodland Hills
Cinespace Studios launched a 10-acre production campus in Woodland Hills, adding six soundstages and 180,000 sq ft of space to the San Fernando Valley.
LA Gross Receipts Tax Review: What It Means for Burbank
Los Angeles is studying changes to its gross receipts tax threshold, a move that could affect Burbank's competitive edge in attracting small businesses.
D. Edward Hays and the Beverly Hills Connection to a $75 Million SoCal RICO Lawsuit
A federal RICO complaint filed in the Southern District of California alleges a sprawling conspiracy stretching from La Jolla to Beverly Hills, naming 15 defendants in a scheme to seize a San Diego County software company through fraud, identity theft, and corrupted legal proceedings.
Amazon MGM Studios Hires Warner Bros. Discovery Executive to Lead Japan Operations
Amazon MGM Studios has appointed Buddy Marini, a 25-year entertainment industry veteran, as Head of Amazon MGM Studios Japan, according to an announcement from the streaming giant.
Banijay Group CEO Explains $8 Billion All3Media Merger as Response to AI and Creator Economy Growth
The CEO of Banijay Group outlined how artificial intelligence and the rise of content creators drove the company's $8 billion merger with U.K. production house All3Media, according to statements made during a Wednesday conference call.
Banijay and All3Media Merge in $8 Billion Deal, Creating Global Entertainment Powerhouse
Two major European production companies have combined forces in a surprise $8 billion merger that will unite some of television's biggest franchises under one roof, according to industry executives involved in the deal.
Creative Hub Opens on San Fernando Boulevard, Tailored for Entertainment Industry Freelancers
StudioSpace Collective launches with 50 workstations, podcast booths, and networking events designed specifically for Burbank's growing community of entertainment freelancers.
Magnolia Park Business Owners Feel Squeeze as Commercial Rents Jump 25% in Two Years
Local shop owners along Magnolia Boulevard are grappling with significant rent increases, forcing some to downsize, relocate, or close altogether as the district's popularity drives up commercial real estate costs.
Media District Gets New Creative Hub as Local Entrepreneurs Launch 'Spark Space' Maker Facility
A former print shop on Buena Vista Street transforms into a 6,000-square-foot collaborative workspace offering everything from 3D printing to woodworking, targeting Burbank's growing community of independent creators and entertainment professionals.
Empire Center Shakes Up Retail Mix as New Tenants Move In
The shopping center anchored by Target and Best Buy welcomes three new businesses while saying goodbye to longtime favorites, reflecting broader changes in Burbank's retail landscape.