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...Goodell. And the networks pay dearly for the eyeballs they get. Last month the NFL renewed two network TV dealswith CBS, a division of Viacom, and with Fox, a division of News Corp.that will guarantee $8 billion for broadcast rights from 2006 to 2011. Another News Corp sibling, DirecTV, is paying $3.5 billion for satellite rights through 2010. There are still cable and Monday Night Football deals to be concluded. Finalizing them will mean that 52% of the league's revenues are in the bag. And that's just the television money. The league sells about 94% of its available...
...member board appointed by the Governor, will award a $24 billion contract to develop proposals for the TTC's first multimodal corridor--a 600-mile stretch from Mexico to Oklahoma needed for NAFTA trucking and rail. In the running are three consortiums, one headed by the California-based Fluor Corp., another that includes Halliburton's Kellogg Brown & Root subsidiary and a third headed by the Spanish tollway operator Cintra. Fluor got into the game early. It submitted an unsolicited bid for work on the Trans-Texas Corridor in early 2002, before there was even an approved state plan. "Our work...
...projects some of the more viewer-friendly innovations--the digital line of scrimmage and first-down lines--onto the screen. (PVI is not the only company in the first-down business. Sportvision, of Chicago, holds the patent for the technology and provides the service for Fox, while Sportsmedia Technology Corp., of Durham, N.C., works with...
...China's new overseas business adventures. A small but growing number of firms are trying to claw their way into world markets by buying foreign companies. Last year, Guangdong-based TCL bought the television arm of French electronics behemoth Thomson, which gave it the RCA brand. Shanghai Automotive Industry Corp. is in talks to acquire the very English MG Rover, and has already bought Korean SUV maker Ssangyong. A consortium of Chinese companies bid on the Canadian mining firm Noranda. According to a recent study by Bain & Co., China's foreign investments will reach $86 billion by 2015. These global...
...early 1980S, Burroughs Corp. was desperately seeking a way to get back in the game against IBM. Burroughs had fallen so far behind that it found itself utterly dwarfed by its larger rival. Burroughs' solution? Undertake the then largest merger in computer history: buy Sperry Corp. and create a new company--dubbed Unisys--as a single-step leap to greatness...