Business

Monday, March 31, 2014

Update on the redo of that Taco Bell in Burbank

A thriving Taco Bell once stood at 2425 West Magnolia Boulevard in Burbank. What stands there now amounts to three bare bones wall frames — and little else. It’s an eye catcher. An attention grabber. I walked by the site yesterday and was shocked at how the Taco Bell had been reduced to an unrecognizable shell. Last week, I was […]
Saturday, March 29, 2014

Best days to get cheapest airfares? Not on the weekend

Thinking of planning a relaxing getaway or even a business trip? For air travel, the weekend is not the best time to buy tickets. A recent survey from Boston travel-tech company Hopper found… ” Thursday is the cheapest day to purchase a ticket, with weekends the worst.” according to Businessweek. The bargain airfares are for Wednesday departures and returns are cheapest on […]
Thursday, March 27, 2014

Conventional TV pretty much dead for majority of teenagers

That old argument between parents and their teenagers over the TV remote is not happening a lot these days, according to a new study out by professional services and consulting firm, Deloitte.  Surveying the 14-24 group, the so-called “training millennials,” found 56 percent of them catch their “… favorite shows on computers, smartphones, tablets and gaming devices rather than a television,” […]
Wednesday, March 26, 2014

Web Buzz: March 26, 2014

Oprah is going on tour. The big announcement in the Media and on Oprah.com today. “Oprah’s The Life You Want Weekend” will feature Oprah Winfrey and special guests in 8 city arenas:  San Jose, California, Miami, Florida, Washington, DC, Atlanta, Georgia, Newark, New Jersey, Auburn Hills, Michigan, Houston, Texas, and Seattle, Washington. So far, the Southland is not on the […]
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 […]
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

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 […]