Antelope Valley Mojave Stratolaunch LLC has found itself a new owner that will continue its focus on providing reusable and affordable aircraft-launched rockets into space. The company was founded in 2011 by the late billionaire Paul Allen to launch satellite-carrying rockets from aircraft into orbit as a lower cost alternative to ground-launched rockets. Stratolaunch did not disclose who the new owner was, only that it has “transitioned ownership and is continuing regular operations,” it said in a release. San Fernando Valley Calabasas Asgn Inc. has completed the acquisition of information technology company Intersys Consulting for $67 million in cash. The staffing and technology services company will make Intersys, in Austin, Texas, a part of its Apex Systems division. The deal deepens and expands Asgn’s capabilities by adding Intersys services in data, analytics, digital, search and cloud computing. “Intersys’ industry expertise combined with (Asgn’s) deep focus on developing longstanding customer relationships, fits well with Asgn’s own mission to provide high-end technology services to accounts in each of the end markets we serve,” said Asgn Chief Executive Ted Hanson in a statement. Woodland Hills SEIU-United Healthcare Workers West has ratified a four-year agreement with Kaiser Permanente, according to a statement from the union, which represents 57,000 Kaiser employees in California, including 3,600 at Valley locations in Woodland Hills and Panorama City. The ratified contract includes a $130 million workforce development program, 3 percent annual raises during the length of the contract, a ban on subcontracting and limited outsourcing of current positions, the formation of a committee to ensure a balance of technology and caregivers, and an improved worker-management partnership. The contract expires in 2023. Tri-Cities Burbank Netflix Inc. has leased up to 60,000 square feet at Burbank Studios, according to CoStar Group. The streaming company is expected to occupy the Burbank Studios space for two years until its offices in Hollywood reach the completion of construction. “Burbank is the center of entertainment in the entertainment capital of the world,” said Ryan Patap, CoStar market analytics director in Los Angeles. “Even with their ever-expanding footprint in Hollywood, Netflix sees the value of having a location in Burbank to attract additional talent.” Burbank Studios is at 3000 W. Alameda Ave. Warner Bros. Entertainment announced in April it will buy the property as part of a $1 billion expansion that includes building office towers designed by architect Frank Gehry in a project developed by Worthe Real Estate Group and Stockbridge Real Estate Fund. Entertainment giant Walt Disney Co. has signed a lease to expand into The Tower — six years after having vacated floors at the Burbank building. The Tower, built in 1989 and remodeled in 2015, is located at 3900 W. Alameda Ave., mere blocks away from Disney’s headquarters at 500 S. Buena Vista St. in Burbank. According to a CoStar Group report, divisions of the company, including Walt Disney Animation Studios, will occupy about 116,000 square feet in the 32-story office building, owned by Blackstone Group and Worthe Real Estate Group. The deal brings the building to 98 percent occupancy and ends what had been a major vacancy in the Burbank market. Spanish-language broadcasting company LBI Media has completed its reorganization plan and emerged from Chapter 11 protection. The Burbank company, which does business as Liberman Broadcasting, filed with the U.S. Bankruptcy Court for the District of Delaware in April, hoping a balance sheet restructure would enable it to shed $350 million in debt. With help from HPS Investment Partners, which sponsored the reorganization plan in exchange for 100 percent of new equity interest in LBI, it has done just that. “LBI Media has a terrific group of assets with exceptional potential. Completion of LBI’s financial restructuring provides a strong financial foundation and significant flexibility to grow the business,” Peter Markham, the company’s new chief executive, said in a statement. Markham will also take a seat on LBI’s board of directors. Brian Kei, LBI’s chief financial officer, was named chief operating officer in addition to his current role. Warner Bros. Interactive Entertainment has signed a publishing and distribution agreement with video game developer IO Interactive. Warner Bros. Interactive in Burbank and IO in Copenhagen will partner to produce a new, untitled console and PC game. The two companies previously worked together on titles in the “Hitman” video game series, including “Hitman 2” and “Hitman: Definitive Edition.” David Haddad, president of Warner Bros. Interactive, said the gaming division of Warner Bros. Entertainment was pleased to continue its relationship with IO’s team. “IO Interactive has a longstanding legacy of creating iconic games, and we’re looking forward to partnering on this next endeavor to bring a new console and PC gaming experience to players globally,” Haddad said in a statement. Santa Clarita Valley Santa Clarita Princess Cruises has revealed the sixth and final ship in its royal-class fleet will be named Discovery Princess. It will sail out of the Port of Los Angeles beginning in November 2021. The company said Discovery Princess, a 143,700-ton vessel, will carry up to 3,660 passengers on cruises to the Mediterranean, Caribbean, South America, Mexico and the California Coast. It is scheduled for 30 cruises to 23 countries in its debut season. On Nov. 3, 2021, Discovery Princess will depart on its maiden voyage from Rome’s Civitavecchia port on a seven-day cruise through the Mediterranean and Aegean seas, ending in Athens, Greece. The ship is currently under construction at the Fincantieri Shipyard in Monfalcone, Italy. It will feature similar design and amenities to those offered on the cruise line’s other royal-class ships, including the Royal Princess, Regal Princess and Sky Princess. Ventura County Thousand Oaks A subsidiary of Teledyne Technologies Inc. received a follow-on production contract to make a manned combat vehicle for the U.S. Navy. The value of the contract between the Navy and Teledyne Brown Engineering in Huntsville, Ala., including all options, is $178 million. The shallow water combat submersible system is used to bring Special Operations Forces soldiers in and out of high-threat situations. The contract with Naval Sea Systems Command calls for production of the submersible system, including spare parts and technical support, through fiscal year 2024, if all options are exercised. Ventura Some employees of Airgas USA went on strike earlier this month at four of the company’s plants in the Los Angeles area, including locations in Burbank and Ventura. Airgas USA, based in Sacramento, is a gas supplier to industrial facilities, restaurants and medical businesses such as hospitals and nursing homes. Its parent company, Air Liquide in France, is the world’s largest distributor of specialty gases. Workers at the company’s facilities in Burbank, Ventura, Pomona and Lynwood who are members of Teamsters Union Local 848 are protesting what they say are violations of federal workers’ rights laws. Those on strike include unionized truck drivers, gas cylinder fillers, loaders, dispatchers and other employees. Westlake Village Arcutis Biotherapeutics, a private immuno-dermatology drug development company, has completed a $94.5 million Series C financing round. The company plans to use the proceeds to fund Phase 3 development of a topical cream to treat plaque psoriasis and atopic dermatitis. More than 50 percent of the financing was from new investors, including Vivo Capital, BlackRock, Omega Funds, Pivotal BioVentures and Goldman Sachs. In connection with the Series C funding, HBM Partners Investment Advisor Alexander Asam joined Arcutis’ board of directors. The company’s fund HBM Healthcare Investments led the funding for Arcutis.