Businessman Mark Walter’s acquisition of the majority ownership stake of the Los Angeles Lakers, in a deal that puts the franchise valuation at $10 billion, is expected to close in the third or fourth quarter of this year.

The Buss family’s decision to sell a controlling stake in the Los Angeles Lakers at a franchise valuation of $10 billion marks the end of nearly a half-century when one of the most valuable properties in the entire sports world was run by an eccentric father and his sometimes squabbling children.

Mindy Kaling's new Netflix series “Running Point” is set in the world of professional basketball in Los Angeles.

This week’s new entertainment releases include fresh music from Demi Lovato, a documentary about Princess Diana that uses only archival footage and the “Game of Thrones” prequel finally arrives on HBO.