The City Council unanimously approved a $30-million loan to help finance upgrades that will allow the Kodak Theatre to host Cirque du Soleil for 368 performances a year. The city owns Kodak, which is operated by CIM Group. The acrobatic troupe is contributing $50 million towards the project. (LAT)
More by Mark Lacter:
Barry Diller's many paychecksSay hello to the marijuana vending machine - and it's made in California
Good tip for job candidates: Always ask questions
Former Calpers CEO charged with fraud*
The Walmart story that everyone is talking about
Recent stories on LA Observed:
Barry Diller's many paychecksSay hello to the marijuana vending machine - and it's made in California
Good tip for job candidates: Always ask questions
Former Calpers CEO charged with fraud*
The Walmart story that everyone is talking about
New at LA Observed
Follow us on Twitter
On the Media Page
Go to Media
LA Biz Observed
Go to LA Biz Observed
Sign up for daily email from LA Observed
Last look at Van Nuys location