‘We’ve lost our way’: Clifton’s operator gives up on downtown Los Angeles

‘We’ve lost our way’: Clifton’s operator gives up on downtown Los Angeles

The proprietor of Los Angeles’ legendary Clifton’s has given up on reopening the shuttered venue. It’s just too difficult to do business in downtown’s historic core, he says. Andrew Meieran bought Clifton’s on Broadway in 2010 and poured more than $14 million into repairs, renovations and upgrades, adding additional bar and restaurant spaces in the…

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Universal Music invests  million in Bollywood production company

Universal Music invests $80 million in Bollywood production company

Universal Music Group is investing $80 million for a stake in one of India’s biggest Bollywood production companies, Excel Entertainment Pvt. Universal Music India, a division of Universal Music Group, will acquire a 30% equity interest in the Mumbai-based movie studio. In the deal, announced Monday, the companies will work together on forthcoming films, series,…

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Taylor Sheridan and Paramount are teaming up to launch a massive new film studio in Texas

Taylor Sheridan and Paramount are teaming up to launch a massive new film studio in Texas

β€œYellowstone” creator Taylor Sheridan and Paramount are going big in Texas, joining forces to open a 450,000-square-foot production campus in Fort Worth, in a boost to the Lone Star State’s growing entertainment economy. The venture, announced Wednesday, comes on the heels of Skydance’s $8.4-billion takeover of Paramount and just as Texas has taken major initiatives…

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