"I honestly thought rents would have dropped by now."
Nearly a year into the worst pandemic in a century, Los Angeles companies expecting to snap up office space on the cheap may be disappointed. Rents have risen or stayed steady. Senior Reporter Ben Bergman explains what Netflix and other flush companies have to do with it.
Netflix says it needs more Latinx programming after an internal diversity audit.
AT&T ditches DirectTV.
Coinbase prospectus lacks key trading details.
Amazon Studios executive said he was fired for flouting 'coach only' travel policy.
Music streaming revenues cross $10 billion fueled by 2020 growth.
Facebook $650 million privacy settlement approved by judge.
How NBCU missed out on billions in gains on Snap and Peloton.
SPAC frenzy emboldens Silicon Valley startups to forgo venture funding.
Bots hyped up GameStop on major social media platforms, analysis finds.
L.A. office rents have held steady or risen since COVID, even as more space has become available as most employees continue to work from home. Read more>>
CEO Tim Ellis said the move is an "obvious evolution" for the company. The announcement comes on the heels of a hefty $500 million round he closed in November. Read more>>
Office Hours host and dot.LA co-founder Spencer Rascoff talks to Austin Allison. The two created second-home buying platform Pacaso. Allison talks about having his first company acquired and navigating the startup environment. Read more and listen here>>
The influential Montgomery Summit, which since 2004 has been held every year at the Fairmont Miramar Hotel & Bungalows in Santa Monica, will go largely behind paywalls next week because of the coronavirus. We look at some of the major themes up for discussion. Read more >>
Our next startup pitch showcase on Thursday, March 4, 2020 at 11:00 a.m. PT will celebrate female founders. We're looking for female-founded SoCal startups in any sector. Submissions will be evaluated on a rolling basis.