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Companies and Corporations

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  • Elephant Bar closes in Burbank, restaurant's parent company files for bankruptcy

    Elephant Bar closes in Burbank, restaurant's parent company files for bankruptcy
    Downtown Burbank restaurant Elephant Bar quickly and quietly went out of business recently, along with more than a dozen other locations, as its parent company filed for Chapter 11 bankruptcy protection.
  • Disney profit soars 27% off 'Frozen' success

    Disney profit soars 27% off 'Frozen' success
    Walt Disney Co. reported a 27% surge in second-quarter profit, lifted by the continued strong performance of its blockbuster animated film "Frozen." The world's largest entertainment and media company raked in nearly $2 billion in the three months...

    Ken Forsse dies at 77; Teddy Ruxpin creator attended Burbank High

    Ken Forsse dies at 77; Teddy Ruxpin creator attended Burbank High
    Talking toys have been around since at least 1960, when pull-the-string Chatty Cathy debuted. But Teddy Ruxpin, a cuddly teddy bear that hit stores in late 1985, marked a technological leap forward. Created by then-Granada Hills resident Ken Forsse, the...

    Disney profit up 12% on consumer products, studio, theme park gains

    Disney profit up 12% on consumer products, studio, theme park gains
    Walt Disney Co. reported a 12% increase in net income for its fiscal fourth quarter, lifted by the performance of its consumer products, studio, and parks and resorts divisions. The Burbank company posted net income of $1.394 billion for the quarter...

    Nickelodeon taps Activision for 'SpongeBob SquarePants' games

    Nickelodeon taps Activision for 'SpongeBob SquarePants' games
    Parents, get ready for more nautical nonsense. Viacom Inc.'s Nickelodeon has made a deal with Activision Blizzard Inc.'s publishing arm to develop and publish video games based on the network's cartoon "SpongeBob SquarePants." Santa Monica-based...