The Breakdown

Explaining Southern California's economy

In SoCal business news: Oscar gold highlights Dolby Atmos, Apple announces CarPlay

79356 full
79356 full

Every weekday, we compile a list of interesting business stories in the region on "The Breakdown," KPCC's business blog.

  • The space thriller "Gravity" won the Oscar for sound mixing Sunday night, and if you saw the film in one of 300 theaters designed with Dolby's Atmos technology, you heard the movie exactly as its makers intended, according to Quartz. 
  • Boasting the best-picture winner, "12 Years A Slave," specialty distributor Fox Searchlight claimed three Oscar statuettes, but rival Warner Bros. took home the most gold, a whopping 10 awards, according to the Hollywood Reporter.
  • Apple announced Monday that car makers will begin offering a new technology called CarPlay, which aims to keep drivers from fumbling with their iPhones while they're behind the wheel, reports NPR.
  • California’s largest fiscal issue is the $80 billion unfunded liability of its teacher pension system, which is accumulating debt at a rate of $22 million per day, according to David Crane, Bloomberg View contributor.
  • Freedom Communications on Sunday announced the sale of its Victorville and Barstow daily newspapers to New Media Investment Group Inc. for $8 million, according to the OC Register.

Got business news? Tweet the business team reporters: Wendy Lee (@thewendylee), Brian Watt (@radiobwatt) and Ben Bergman (@thebenbergman).

blog comments powered by Disqus

Enjoy reading The Breakdown? You might like KPCC’s other blogs.

What's popular now on KPCC