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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.
  • DreamWorks Animation appoints new chief financial officer

    DreamWorks Animation appoints new chief financial officer
    DreamWorks Animation has appointed a new chief financial officer, in the latest in a series of management changes at the Glendale studio, the Los Angeles Times reported. Fazal Merchant, a former executive at DirecTV and Barclays Capital,  has been...

    Glendale City Council approves economic development nonprofit

    Glendale City Council approves economic development nonprofit
    The City Council approved creating a nonprofit corporation that, according to a city report, may “become a central hub for business activity in the future” at a Tuesday meeting. The nonprofit corporation, which may cost an estimated $5,000 to...

    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...

    Glendale-based NUVOtv buying Fuse from MSG

    Glendale-based NUVOtv buying Fuse from MSG
    J-Lo has beat Puff Daddy in the quest to buy Fuse. SiTV Media, the parent of the Jennifer Lopez-backed English-language Latino cable network NUVOtv, has entered an agreement with the Madison Square Garden Co. to acquire its music television channel Fuse,...