Byron Allen’s family office agreed to buy about 52% of BuzzFeed for $120 million, installing Allen as CEO while Jonah Peretti pivots to lead BuzzFeed’s AI efforts.

Erewhon’s Tony Antoci paid about $51M for a 110,789-sq-ft Central L.A. warehouse as the grocer opens new stores and a cafe at LACMA.

Dua Lipa sued Samsung in federal court in Los Angeles, saying a backstage ACL photo appeared on TV boxes and created a false endorsement; she seeks at least $15M.

Snoop Dogg’s S.W.E.D. store opens in Long Beach on Saturday with DJs, retro games and a noon ribbon‑cutting featuring a city certificate.

Twenty-two crew members walked off the Sun Valley set of CoComelon: The Melon Patch on May 6, alleging understaffing and lower pay as they seek IATSE representation.

Ticketmaster trimmed roughly 350 roles — about 8% of staff — in a global restructuring aimed at sharpening engineering and product work. The move comes after Live Nation’s Q1 report and amid continued legal scrutiny.

Nordstrom Rack will open roughly 30,000‑sq‑ft stores at Marina Marketplace in Marina del Rey and Rolling Hills Plaza in Torrance in 2027, expanding its Southern California reach.

A Powerball ticket worth $122,105 was sold at Blue Bird Liquor in Hawthorne after the May 4 drawing. The ticket matched four numbers plus the Powerball for a five‑figure payout.

Disney beat estimates in its first full quarter under Josh D’Amaro as parks and streaming pushed revenue above $25 billion and management pledged more investment.

Los Angeles County’s unemployment rate ticked down to 5.4% in March as health and education led new hiring while trade and transport shed jobs. Statewide rates eased to 5.3%.

JPMorgan Chase was named the Olympics’ first global banking partner and a founding LA28 sponsor, pledging athlete programs and local investments tied to the 2028 Games.

Audacy will flip 97.1 FM to a sports‑talk format called 97.1 The Fan on May 11; KNX news will continue on AM 1070 and digital streams.

A former Live Nation executive alleges he was fired after flagging inflated venue revenues and improper accounting; he filed a $35 million wrongful‑termination suit in Los Angeles.