Rand Chief Executive and President Michael Rich has announced he is retiring in 2022

Longtime Rand CEO Michael Rich to Retire Next Year

Rand Corp. Chief Executive Michael Rich will retire next year after leading the nonprofit research organization for more than a decade.
Built as luxury housing in 2019, the Oceanaire in Long Beach is now part of CSCDA’s middle-income program.

New Housing Program Targets ‘Missing Middle’

For years, policymakers in Los Angeles County and other pricey regions of California have bemoaned the difficulty of providing housing for middle- income residents.

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Customers shopping for records at Amoeba Music's grand reopening on April 1, 2021.

LA County Unemployment Rate Dips Below 10% in September for First Time Since Pandemic Began

Los Angeles County’s unemployment rate fell to 9.8% in September, dropping into the single digits for the first time since the Covid pandemic began.
Willard Ahdritz, founder and chairman, Kobalt Capital.

KKR Acquires Kobalt Capital Music Rights Portfolio for $1 Billion

West Hollywood-based Kobalt Music Publishing, a subsidiary of Kobalt Music Group, will continue to manage the works listed in the portfolio.


The Bay Theater at the Palisades Village.

Netflix Reopens Pacific Palisades’ Bay Theater

Netflix Inc. is reopening Pacific Palisades’ Bay Theater for the first time since it was shuttered during the Covid pandemic.
Pelican Products is involved in ongoing vaccine distribution efforts after retrofitting some of its cases to accommodate vaccine manufacturers’ extremely low temperature requirements.

Platinum Equity Acquires Pelican Products

Beverly Hills-based Platinum Equity has acquired Pelican Products Inc., which manufactures protective cases for photo and video equipment and vaccine transport.

Companies On The Move
People On The Move


Reader Poll

READER POLL: Are you considering switching to solar power?

In This Week's Issue


Tease photo

How LAFC Became the No. 1 MLS Team Valued at $860 Million

Although it’s come to mean so much to him, Paul Ruiz admits he just didn’t get Los Angeles Football Club at first.


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How LA’s EV Hub Is Charging Ahead With Manufacturing, Innovation

Few industries are primed for quicker growth over the next decade than the electric vehicle sector.


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Largest West Coast Vinyl Distributor Hard-Pressed to Meet Demand

Once the relic of a bygone era, vinyl records have made a roaring comeback.


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GoGuardian Leads Edtech Growth, Industry to Reach $80B by 2028

In grade school, Advait Shinde never felt he was truly learning.


Tease photo

Scopely Acquires GSN Games From Sony Pictures Entertainment

Scopely Inc. has acquired GSN Games from Sony Pictures Entertainment for $1 billion.


Latest Local News

Rand Chief Executive and President Michael Rich has announced he is retiring in 2022

Longtime Rand CEO Michael Rich to Retire Next Year

Rand Corp. Chief Executive Michael Rich will retire next year after leading the nonprofit research organization for more than a decade.
Built as luxury housing in 2019, the Oceanaire in Long Beach is now part of CSCDA’s middle-income program.

New Housing Program Targets ‘Missing Middle’

For years, policymakers in Los Angeles County and other pricey regions of California have bemoaned the difficulty of providing housing for middle- income residents.

People On The Move
Customers shopping for records at Amoeba Music's grand reopening on April 1, 2021.

LA County Unemployment Rate Dips Below 10% in September for First Time Since Pandemic Began

Los Angeles County’s unemployment rate fell to 9.8% in September, dropping into the single digits for the first time since the Covid pandemic began.
Events
The Los Angeles Business Journal is excited to host our inaugural 2021 International Business Forum and Awards. This event will bring together and celebrate the International Business Community and those outstanding corporate leaders who are leading the way in global trade, investment, technology, and innovation.
Willard Ahdritz, founder and chairman, Kobalt Capital.

KKR Acquires Kobalt Capital Music Rights Portfolio for $1 Billion

West Hollywood-based Kobalt Music Publishing, a subsidiary of Kobalt Music Group, will continue to manage the works listed in the portfolio.
Reader Poll
READER POLL: Are you considering switching to solar power?
Companies On The Move
The Bay Theater at the Palisades Village.

Netflix Reopens Pacific Palisades’ Bay Theater

Netflix Inc. is reopening Pacific Palisades’ Bay Theater for the first time since it was shuttered during the Covid pandemic.

Events

The Los Angeles Business Journal is excited to host our inaugural 2021 International Business Forum and Awards. This event will bring together and celebrate the International Business Community and those outstanding corporate leaders who are leading the way in global trade, investment, technology, and innovation.

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