Fronnie Lewis

Wednesday, March 26, 2014

Facebook buys a virtual reality company for $2 billion

Facebook has made another staggering purchase — $2 billion for  the virtual reality gaming company, Oculus VR Inc. The social network made the announcement on its website yesterday. The deal includes $400 million in cash,  23.1 million shares of Facebook common stock, and $300 million earn-out in cash and stock “…  based on the achievement of certain milestones.” “Mobile is the platform of […]
Wednesday, March 26, 2014

L’Wren Scott laid to rest at Hollywood Forever Cemetery

Fashion designer, L’Wren Scott, was laid to rest yesterday at the landmark Hollywood Forever Cemetery  6000 Santa Monica Boulevard in Los Angeles. Hollywood stars Rudolph Valentino, Tyrone Power, and Marion Davies are buried there. Scott’s funeral was arranged by her longtime partner, Mick Jagger, and attended by a small circle of family and friends. Scott committed suicide in her New […]
Tuesday, March 25, 2014

Nickelodeon expansion project clears major hurdle

Nickelodeon Animation Studio in Burbank has cleared a major hurdle in its quest to expand. Last night the Burbank Planning Board unanimously approved a plan, with a 4-to-0 vote, to construct a five-story office building and parking lot at 203 West Olive Avenue, right next to the Nickelodeon campus. The expansion plan includes a 113, 760 square-foot office building and […]
Monday, March 24, 2014

What’s happening to this Taco Bell in Burbank?

A lot of chatter in town about the major construction going on at the Taco Bell 2425 West Magnolia Boulevard, between North Buena Vista and North Brighton Streets, in Burbank. Last week the restaurant was open for business, now it’s shut down and work crews are ripping out parts of the structure. I got some answers from the Burbank Building […]
Monday, March 24, 2014

Disney buys Maker Studios for $500 million

Disney announced today it’s shelling out $500 million for the YouTube Network, Maker Studios. If certain performance targets are met the deal gets sweeten by $450 million. Not bad for a company that started back in 2009. Maker Studios is an online video network with some impressive stats: More than 55,000 channels, 380 million subscribers, and 5.5 billion views per month […]
Monday, March 24, 2014

California DMV investigating possible credit card data breach

The California DMV has one of th worst reputations for long lines and poor customer service. Now a possible credit card data hack may add to the image problems for that department, which handles transactions for more than 23 million drivers and registrations for at least 32 million vehicles. Now, the DMV has launched an investigation into security breach, which […]
Monday, March 24, 2014

Important step today for Nickelodeon expansion plan

An ambitious plan to greatly increase the Nickelodeon Animation Studio campus on West Olive Avenue, between Victory Boulevard and Lake Street in Burbank, is set to go before the Burbank Planning Board tonight. The project would more than double the office space of the cable and television network from 72, 232 square feet to 185, 992 square feet, according the […]
Sunday, March 23, 2014

Feud over fashion designer L’Wren Scott’s funeral and burial

A lot of chatter on the Internet about the apparent feud surrounding the late designer, L’Wren Scott. The celebrity stylist and longtime girlfriend of rocker, Mick Jagger, committed suicide last Monday in her New York apartment. Jagger reportedly is planning a funeral for her in Los Angeles in the next few days. That apparently does not sit well with some […]