Endeavor sells OpenBet, IMG Arena for $450 million in Ari Emanuel-backed management buyout

Beverly Hills-based Endeavor announced Monday it will sell sports betting firm OpenBet, in a management buyout…

AI startup funding hit record in L.A. area last quarter. Who got the most?

The Bay Area has long held the title for attracting the most venture capital funding in…

LeBron James’ SpringHill, ‘Kardashians’ producer in talks to merge

LeBron James’ production company, the SpringHill Co., is in talks to merge with Fulwell 73, the…

B. Riley-backed Vitamin Shoppe owner files for bankruptcy

Franchise Group, the company at the heart of a troubled management buyout that has devastated the…

B. Riley raises $236 million in sale of apparel, Brookstone brands

Struggling B. Riley Financial said Tuesday that it had sold its interests in its apparel and…

AI is supposed to be Hollywood's next big thing. What's taking so long?

As AI technology advances, industry observers expect to see more deals between tech companies, studios and…

Column: Albertsons will pay millions to quash charges that it cheated customers. Shouldn't that kill its merger plan?

Albertsons is paying $3.9 million to settle a federal-state lawsuit that accused it of ripping off…

For the Angels, Bally Sports is Plan A. What could Plan B be?

Three days after the Angels concluded the worst season in franchise history, their fans faced a…

DirecTV, Dish are close to clinching merger agreement

DirecTV and Dish are in advanced talks to merge in a deal that would create the…

Paramount starts second phase of its planned layoffs

Paramount Global is starting Phase 2 of its planned layoffs, according to a memo sent early…