Todd Gilchrist
Staff Reporter
Staff reporter Todd Gilchrist covers media and other industries. He can be reached at tgilchrist@labusinessjournal.com.
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Rocket Lab Completes New Launch Pad, Secures $143M Contract
Rocket Lab USA Inc. signed a $143 million contract on Feb. 24 — the company’s largest order to date — to manufacture 17 spacecraft buses for low Earth orbit satellites operated by Covington, La.-based Globalstar Inc. Rocket Lab will produce the spacecraft at its Long Beach headquarters.
Taxes, IP Value and Artist Estate Planning Drive Increase in High-Dollar Catalog Deals
It was the music catalog sale heard ‘round the world: In August 1985, Michael Jackson purchased ATV Music Publishing for $47.5 million, giving him the rights to 4,000 songs, including the Paul McCartney-John Lennon’s catalog, alienating collaborator and friend McCartney in the process.
Sports Gambling Podcast Network Gains Market Share Despite Competition From Major Outlets
When the Supreme Court overturned the Professional and Amateur Sports Act of 1992 in May 2018, the sports betting industry exploded, opening the door for entrepreneurs and businesses to explore the massive stream of revenue produced by individuals gambling on games and teams.
Live Nation Earnings Rebound
Live Nation Entertainment Inc. released its earnings report for the quarter and full year ending on Dec. 31, 2021, which reflects an increasing desire among concertgoers to attend live events despite the risks of Covid variants.
Netflix to Invest $45 Million in European Films
Netflix Inc. continues to expand its presence around the world with a new deal to bring more French and European cinema to its platform.
Valet of the Dolls’ Business Model Helps Service Survive Pandemic
Women-led valet companies have a surprisingly rich history in Los Angeles — Illumination Hospitality’s The Valet Girls, based in Beverly Hills, was founded in 1983, and The Valettes began operating in 1988.
Spotter Helps YouTubers Develop More Lucrative Content
While the creator economy continues to fundamentally change the way many people earn money, Spotter Inc. is trying to help those creators earn more of it.
Angel City Football Club Attracts More High-Profile Investors
Angel City Football Club has attracted more high-profile investors as the women’s soccer team prepares for its first preseason match in March.
ViacomCBS Leverages Studio Legacy With Paramount Rebrand
After Hollywood-based Paramount Pictures Corporation announced a strategy in Sept. 2021 focused on exploring the intellectual property of its considerable content library, parent company ViacomCBS is similarly banking on nostalgia as it rebrands as Paramount Global.
Social Networking Platforms for Black Professionals Add Tools to Support Growth, Cultural Change
As businesses big and small implement diversity initiatives in response to larger cultural conversations about race, identity and representation, a number of tech companies are working to make sure that those businesses actually put their money where their mouths are.
