Mark Madler

Los Angeles

Staff Reporter at San Fernando Valley Business Journal

Mark R. Madler is a staff reporter for the San Fernando Valley Business Journal covering the entertainment, aerospace, aviation and manufacturing industries.

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Articles

Snap’s Share Price Falls Despite Revenue Increase

1 month ago | labusinessjournal.com | Mark Madler

Snap Inc.’s share price tumbled in April even after the tech company reported encouraging first-quarter earnings that included increased revenue. Shares in the Santa Monica-based technology company that owns social media app Snapchat closed at $9.09 on April 29. The following day, the price declined more than 12% to close at $7.96 on the highest trading volume of the past 52 weeks, with 143 million shares exchanged that day.
Q+A: Cartoons Keep Coming

2 months ago | labusinessjournal.com | Mark Madler

Retirement isn’t in the cards just yet for Andy Heyward, chief executive of Kartoon Studios Inc. “I am going to continue making children’s animated programming and try to do something positive for the future generations of kids,” said Heyward, 76, who founded his animation studio in 2009. Heyward is an animation veteran with over four decades of experience. The UCLA graduate got his start at Hanna-Barbera Productions Inc.
Rocket Lab Picked for Test Launch

2 months ago | labusinessjournal.com | Mark Madler

Rocket Lab USA Inc. had a few announcements this month. First, the Long Beach aerospace company said on April 3 that it was making available an expanded suite of space-grade radio frequency communications systems known as Frontier radios. Next, the company on April 8 introduced its family of customizable, next-generation solar arrays – Standardized Array.
Seven Source Gets New Office Space

2 months ago | labusinessjournal.com | Mark Madler

Seven Source, an agency that represents manufacturers of roofing and waterproofing products, has always been in Long Beach. But it wasn’t until this month that it established an in-person office space after years of consistent growth. Prior to that, the company operated remotely. Its new headquarters are located at 111 Ocean Blvd., in downtown Long Beach.
California Resources Sees Its Stock Price Drop

2 months ago | labusinessjournal.com | Mark Madler

California Resources Corp.’s shares have taken a beaten over the last year, falling by about 36%. Since reaching an adjusted closing price of $51.52 on Jan. 2, shares in the Long Beach-based oil and gas producer have dropped by more than $16, closing at $34.87 on April 23. That’s a far cry the 52-week high the stock reached on Nov. 22, at $58.65 a share. The Dow Jones, in comparison, was down by more than 5% from the start of the year.
NeOnc Sees Share Price Fall Since Going Public

2 months ago | labusinessjournal.com | Mark Madler

The share price of NeOnc Technologies Holdings Inc. has dropped in the weeks since the company went public last month. The Westlake Village clinical-stage biopharmaceutical company, which focuses on treatments for brain cancer, had its direct listing open at $25 on March 26. That day the stock closed at $12.11 – more than a 50% decrease. It then spiked by more than 36% to close at $16.55 on March 28 and then fell to reach a low closing price of $7 a few days later on April 2.
Media Firm Sees Its Net Loss Fall

2 months ago | labusinessjournal.com | Mark Madler

Kartoon Studios Inc. reported its year end financials late last month. The Beverly Hills children’s content producer and distributor said on March 31 that it had a net loss of $20.7 million last year, compared to a net loss of $77.1 million the previous year. Revenue dropped by 26% from the prior year to $32.6 million.
Rocket Lab Looks to Future

2 months ago | labusinessjournal.com | Mark Madler

Rocket Lab USA Inc. has been busy this year. In addition to its latest launches, the Long Beach aerospace company has scored contracts with Airbus and potentially with the U.S. Space Force. It also acquired Mynaric AG, a. Munich-based provider of laser optical communications terminals for air, space and mobile applications. Rocket Lab founder and Chief Executive Peter Beck said the company is pursuing every part of the space value chain.
What’s Next For Relativity?

2 months ago | labusinessjournal.com | Mark Madler

Relativity Space has a new chief executive – and he doesn’t come from an aerospace background. But, Eric Schmidt does come with experience as the former chief executive of Google. And that includes an interest in artificial intelligence which he is expected to applyto Relativity’s manufacturing plant in Long Beach.
SpaceX Is Still Big Locally

2 months ago | labusinessjournal.com | Mark Madler

With the move of its headquarters to Texas, Space Exploration Technologies Corp. leaves a big hole to fill in Hawthorne. According to the website of the company more well known as SpaceX, its headquarters are now at Starbase, Texas near Brownsville, the site of its launch pad for the Starship spacecraft and Super Heavy rocket, the largest ever built.

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M. Madler @MMadler2

10 Feb 22

RT @alisonmartino: It was 58 years ago today https://t.co/WqxzrPp3H5

M. Madler @MMadler2

19 Jan 22

A record fourth quarter in on-location film and television production (but mostly TV)...per @FilmLA https://t.co/H5tNg2netu @FilmLA #Hollywood #filming #Television

M. Madler @MMadler2

19 Jan 22

UltraGlas, the longtime decorative glass manufacturer in the Valley is closing... https://t.co/oQsC7QD1Jf #ultraglas #glass #architecturalglass

Mark Madler

Articles

Snap’s Share Price Falls Despite Revenue Increase

Q+A: Cartoons Keep Coming

Rocket Lab Picked for Test Launch

Seven Source Gets New Office Space

California Resources Sees Its Stock Price Drop

NeOnc Sees Share Price Fall Since Going Public

Media Firm Sees Its Net Loss Fall

Rocket Lab Looks to Future

What’s Next For Relativity?

SpaceX Is Still Big Locally

Journalists covering the same region

Bill Esparza

Michele Gile

Lesley Marin

Michele McPhee

Richard Chang

Contact details

Emails

Socials & Sites

Coverage map

X (formerly Twitter)