Courtesy of the Television Academy
TheTelevision Academy's new logo makes Emmy more modern and athletic.
The people who bring us The Emmys have decided it's time for a make-over.
The Academy of Television Arts & Sciences launched a campaign Tuesday to rebrand the 68-year-old organization at a time when the concept of "television" is in constant transition.
The first step: streamlining the organization's name. It's now officially called The Television Academy. It has also retooled its logo, giving the Emmy statue silhouette a more modern and athletic look.
"This is the most important and pivotal year in our organization's history," said Bruce Rosenblum, Chairman and CEO of the Television Academy, in a statement. "The Academy is expanding, innovating and evolving alongside the dramatic changes in our industry."
The expansion includes the construction of a multi-purpose theater and digital production center on the Academy's campus in North Hollywood's Arts District. The Academy also plans establish a tuition-based scholarship program and add to its philanthropic wing's internship program, the statement says. To finance the expansion, the Television Academy is launching a "once in a generation" fundraising effort to bring in $40 million dollars.
Port of Los Angeles
Ports O' Call Village was built in the 1960's. Negotiations to develop the property were extended another 60 days, according to the Press-Telegram.
Good morning! Welcome to KPCC's business blog, The Breakdown. Every weekday, we compile interesting business stories in the region.
- A Pacific Investment Management Company (PIMCO) trustee criticized the reported $200 million annual salary of Bill Gross, the company's managing director, CIO and founder, according to the Los Angeles Times. Trustee William Popejoy told the Times: "You could hire 2,000 schoolteachers for that money."
- Negotiations over the development of Ports O' Call Village in San Pedro has been extended another 60 days, the Press-Telegram reports. I covered the announcement of the negotiations for redevelopment last year. At the time, the LA Waterfront Alliance planned to have a mix of retail and restaurants at Ports O' Call, along with a boutique hotel and conference center.
- A new early stage fund in L.A. called TYLT Lab will help start-ups get access to manufacturing, according to the Pando Daily. The fund aims to make investments of $50,000 to $2 million in each deal, Pando Daily reports.
- The Bangladesh Accord Foundation has been inspecting garment factories since last year's building collapse, in which more than 1,100 workers were killed, according to the New York Times. The group found safety flaws in some Bangladesh factories, resulting in the temporary closures of two locations, the Times said. KPCC's Air Talk did a segment on who should be responsible for the safety of those buildings.
- Los Angeles-based retailer American Apparel is using the controversy with factories in Bangladesh to call attention to its own labor practices. The ad campaign shows a topless woman who was born in Bangladesh, who works at American Apparel. That of course has drawn controversy, the New York Daily News reports.
- Women represented just 15 percent of the protagonists in the top 100 money-making films last year, according to The Wrap. Minorities in films also remain few in number, KPCC reported earlier this year. To get a sense of the situation, check out Take Two's Alex Cohen's interview with director Angela Robinson.
- The film tax credit discussions continue to unfold, this time in Louisiana. The Times-Picayune reports that two men, including an Hollywood lawyer-producer, are accused of committing $1.13 million in tax credit fraud and selling the credits to others for a profit. The Times-Picayune also outlines other fraud cases in its state involving the film tax credits.
- L.A. is home to a lot of different restaurants, including a venue that lets people sit on fake toilets and eat food served in bowls shaped like toilets. The LA Weekly reports on the Magic Restroom Cafe in the City of Industry. I went there and I got to say, it is tough eating beef noodle soup out of a bowl that is shaped like a toilet.
Orange County Register Publisher Aaron Kushner (left) and company President Eric Spitz. Kushner is also the publisher of the Los Angeles Register.
The Los Angeles Register will launch on April 16, according to the paper's parent company, Freedom Communications.
The new daily newspaper will serve Los Angeles County and will be sold at more than 7,500 locations for $1.50 on weekdays and $2 on the weekend. Freedom Communications did not immediately respond KPCC's question on its daily circulation.
Aaron Kushner, publisher of the L.A. Register — along with the Orange County and Long Beach Register papers — said the paper will deliver "community-building information about local activities, people and issues that impact our lives every day."
According to Kushner's statement in the press release:
"The Los Angeles Register and our community newspapers serving Los Angeles will focus on creating deep and meaningful local connections, as it is this type of bond and mission that helps subscribers, advertisers and our community itself thrive."
Roberto (Bear) Guerra
Dockworkers secure the USS Iowa just after arrival at Pier 87 in San Pedro, CA. Thousands of dockworkers in California, Oregon and Washington will start negotiations this spring with the Pacific Maritime Association, according to the Press-Telegram.
Good morning! Welcome to KPCC's business blog, The Breakdown. Every weekday, we compile a list of interesting business stories in the region.
- Activist hedge fund manager William Ackman made a financial bet that Herbalife's stock will drop, and to ensure that would happen, he spent money in lobbying efforts to help the company's demise, according to the New York Times. Ackman's team has helped organize protests and letter writing campaigns against Herbalife in order to push legislators to investigate the company, according to the Times.
- Contract negotiations will begin this spring between a union representing 23,000 dockworkers and the Pacific Maritime Association, the Press-Telegram reports. The union employees work in Washington, Oregon and California. Two years ago, longshore workers played a key role in helping the clerical workers strike during tense contract negotiations with their employers. The dockworkers refused to cross the picket lines, causing shipments to be delayed. The strike triggered 10 out of the 14 terminals to be shutdown.
- Mickey Kantor, co-chair of the Los Angeles 2020 Commission, talks to the Los Angeles Magazine about the commission's report and ways the city can improve.
- Wall Street Journal will launch sponsored content on its website tomorrow near other news articles, according to Ad Age. Generally, sponsored content can be articles that are made or paid for by advertisers. KPCC reported on some of the controversy surrounding sponsored content, with some journalists saying they think sponsored content articles can confuse readers between what's a real news article and an ad.
- There's a new movie studio that will launch, led by Hollywood producer Robert Simonds Jr., with backers including TPG Growth and Chinese investment firm Hony Capital, the New York Times reports. The new studio will focus on $40 million movies, such as comedies and dramas and will create content with Chinese audiences in mind, according to the Times.
- Billboard ranked the top money-makers in music by how much they made in the last 12 months, and number one is Taylor Swift, making nearly $39.7 million a year.
- Did you watch the season finale of HBO's True Detective last night? If you watched it on HBO Go, you may have had some problems due to server overload, according to the Pando Daily. The website analyzes whether HBO needs to be a great technology company when it already makes a lot of money from its cable network.
- So what exactly happened on last night's episode? I won't spoil it here, but you can listen Take Two's story on how the title sequence for True Detective was created, including how getting that photo of the stripper's heels took some work.
- I've heard of juice cleanses...but the laist reports there's a store in Venice that offers coconut-based ice cream cleanses. That's if you're willing to pay $240.
Justin Sullivan/Getty Images
Private equity firm Cerberus Capital Management plans to purchase Safeway in a $9.4 billion deal and merge it with Albertsons.
Some Safeway and Albertsons locations may be sold in order for the two supermarket chains to merge.
Combined, Albertsons and Safeway will have 455 stores in Southern California, if Albertsons owner, private equity firm Cerberus Capital Management, buys Safeway in a $9.4 billion deal.
That may cause regulatory agencies to ask that some stores be sold or divested, especially in areas where locations are very close in proximity, said Jim Lee, a USC adjunct professor and former Stater Brothers executive.
"The whole point of divestiture is to ensure a competitive marketplace in the government's eyes," Lee said.
When the stores get sold on the market, that could become a great opportunity for grocery competitors to snap up new locations, Lee added. For example, when Albertsons took over Lucky's, it sold stores in 1999 and Stater Brothers bought 43 of them.