LA WATCHDOG--For the last four seasons, three million Southern California households have been unable to watch the Dodgers in the comfort of their own homes because of a business dispute between two media giants, Charter Communications, the owner of Time Warner Cable now doing business as Spectrum, and Direct TV, a wholly owned subsidiary of AT&T, the world’s largest telecommunications company with a market capitalization exceeding $200 billion.
LA Watchdog for RSS
LA WATCHDOG--Ever since The New York Times broke the story on October 4th about the sexual harassment and rape allegations against Hollywood mogul Harvey Weinstein, numerous other victims have surfaced, naming not only Harvey Weinstein, but other Hollywood predators, including filmmaker Brett Ratner, actor Kevin Spacey, and director James Toback. And no doubt there will be others who have used their power and status to prey on those lower down on the food chain.
LA WATCHDOG--The four Garcetti appointed trustees of the Board of Administration of the Los Angeles City Employees’ Retirement System (“LACERS”) have demonstrated that they have placed their personal interests ahead of those of the almost 43,000 members who are dependent on LACERS for their retirement benefits.
LA WATCHDOG--On April 20, 2018, Mayor Eric Garcetti will submit his Proposed Budget for the fiscal year beginning on July 1, 2018 to the City Council. Between now and then, the Mayor and the City Council will develop the budget behind closed doors without any input from the public, including the charter authorized Neighborhood Councils.
LA WATCHDOG--On Monday, The Weinstein Company (the “Company”) “announced that it has entered into a preliminary agreement with Colony Capital (“Colony”) to provide an immediate capital infusion into the Company. In addition, the Company has entered a negotiating period with Colony Capital for a potential sale of all or a significant portion of the Company's assets.”
The Weinstein Company Announces Investment from Colony Capital.
The Weinstein Company has been under siege since early October when The New York Times revealed sexual harassment and rape allegations against Harvey Weinstein, the Company’s founder, co-chairman, and celebrated rainmaker.
As a result of Harvey Weinstein’s rampant sexual misconduct, the Company in its current form is essentially out of business. After all, what self-respecting member of the Hollywood community, whether it be the talent or their agents, would work with (or even talk to) this sexual predator.
LA WATCHDOG--On April 20, slightly less than seven months from now, Mayor Eric Garcetti will submit his proposed budget for the fiscal year beginning July 1, 2018 to the City Council for its consideration. While the Budget and Finance Committee will hold hearings over the following weeks, the budget is already a done deal, having been negotiated behind closed doors between the Mayor and City Council with input from the leaders of the City’s unions.