U.S. Jobless Claims Rise To 230,000
“Price-wage momentum has already started. Wages have to go up, otherwise you can’t keep your workers, and when you raise your wages, sooner or later you have to raise prices,” said Sung Won Sohn,…
Love Bacon? Here’s Why You’ll Soon Pay More For It In California
Sung Won Sohn, a professor of finance and economics at Loyola Marymount University, said that while the goal of Proposition 12 is laudable, “there’s always a tradeoff. You can’t have cake and eat it…
Inside UTA’s $230-Million Gaming SPAC: Is Hollywood Seeing A Future Beyond Movies And TV?
David Offenberg, an associate associate professor of finance at Loyola Marymount University focusing on the entertainment business, noted the recent spurt of M&A activity around gaming — including Netflix’s July announcement that video games…
California Hiring Slows In September; Jobless Rate At 7.5%
“Clearly, the state’s job machine has throttled down to a slower speed in September,” said Sung Won Sohn, a professor of finance and economics at Loyola Marymount University. “This is not exactly what we…
Netflix Takes A Hit Over Fallout From Chappelle Special
Andrew Rohm, a marketing professor at Loyola Marymount University, speculated that some industry creatives might think twice about collaborating with Netflix as a result of the Chappelle fallout. “One indirect or longer term effect…
Paramount May Retreat From Theatrical To Focus On Streaming—Why?
“For Paramount, or Disney, or any of the major studios, there are two big costs to consider with theatrical moviemaking: production and distribution,” David Offenberg, Associate Professor of Entertainment Finance in LMU’s College of…
Start Of School Year Fuels California Job Growth In August
“Employment gains have not been sufficient to account for the increase in labor force in the state, so I would say we need to create more jobs,” said Sung Won Sohn, a professor of…
