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...hefty potential payout comes on the heels of a similarly bold move by Live Nation over the summer. In August, the king of concerts decided not to renew the contract that gave Ticketmaster exclusive ticketing distribution for most of Live Nation's 29,000 annual events, a loss that will rob the ticketing giant of about 20% of its sales. Instead, Live Nation is pumping up its own in-house ticket distribution arm, already the third largest in the world, which gives it a direct link to the music fans attending its shows. Not to be outdone, Ticketmaster significantly increased...
...narrowing distances between fields and disciplines, so we inhabit an increasingly transnational world in which knowledge itself is the most powerful connector. Our lives here in Cambridge and Boston cannot be separated from the future of the rest of the earth: we share the same changing climate; we contract and spread the same diseases; we participate in the same economy. We must recognize our accountability to the wider world, for, as John Winthrop warned in 1630, “we must consider that we shall be as a city upon a hill. The eyes of all people are upon...
HUDS had initially agreed to release the cost of the new technology but ultimately refused to give the figure, citing contract obligations...
...stupid as its product, however. By splitting the anticipated $100 million in start-up costs over the first two years with NBC, McMahon isn't risking nearly as much as the USFL did. By owning all the teams and offering all the players the same $45,000 one-year contract with a one-year option (quarterbacks get $50,000; kickers, $35,000), he can control his costs; the entire XFL payroll is less than half that of a single NFL team. And the league needs only to deliver a mediocre 4.5 Nielsen rating to make its 10-week...
...newspapers - albeit via anonymous leaks - for years. And then there were the two 2005 court cases that gave Mbeki cause to fire a man who had become increasingly vocal in his criticism, from the left, of the direction of the ANC government. The corruption charges relating to an arms contract were later withdrawn, and he was cleared of the rape charge - but not before a series of embarrassing revelations about some of his attitudes on women and sex. Zuma claims both trials were instigated by his enemies - read Mbeki - and, talking to TIME in January, a Zuma adviser warned...