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...flight European soccer, with its loyal fan base and long-term contracts, should be shielded from the worst of the recession. Indeed, attendance across the big five European leagues - England, France, Germany, Italy and Spain - rose 2% in the season just finished. And German and English clubs will all enjoy new and improved broadcast deals in the coming two seasons. But that's not to say the downturn doesn't throw up stiff opposition. "Beyond that very affluent, élite core," says Chadwick, "the mood of austerity is still very, very strong...

Author: /time Magazine | Title: Recession? Spanish Club Pays $130M for Ronaldo | 6/11/2009 | See Source »

...quarter of that legendary Swedish pop group Abba - hit on the idea of converting a 1930s Art Deco cinema, in the now fashionable district of Södermalm, into a boutique hotel. But banish all thoughts of an Abba-themed property from your mind. The group's music may enjoy continued success - most recently, their songs formed the basis of the movie smash Mamma Mia! - but at the Hotel Rival the connection is barely discernible. One of the group's albums is always among the CDs in each bedroom, and the occasional shot of Abba in their 1970s heyday...

Author: /time Magazine | Title: Former Abba Star Plays Hotel Host | 6/11/2009 | See Source »

...hitting clean winners. That's when I say to myself, "This is not a game I know much about." There's always a lot of talk on whether today's players could play with a wooden racket. I'm sure Federer could. But other players would battle just to enjoy the game with a wooden racket. They'd make so many mistakes...

Author: /time Magazine | Title: Tennis Great Rod Laver | 6/10/2009 | See Source »

...merger will combine Ticketmaster's ticketing and artist-management business with Live Nation's concert promotion, network of concert halls and fan-club operations under one roof. As a combined company, the new entity is expected to enjoy about $40 million in annual cost savings and have greater bargaining power to woo artists and sell out concert halls more efficiently. "Forty percent of the tickets to music events go unsold," said Azoff, whose Front Line artist-management group within Ticketmaster represents such artists as the Eagles and Guns N' Roses. "The goal of this [combined] company is to better market...

Author: /time Magazine | Title: Ticketmaster, Live Nation: Obama's Antitrust Test | 6/10/2009 | See Source »

...services "quicker, faster, better and cheaper" to its fans, said Luke Froeb, associate professor at Vanderbilt University's Owen Graduate School of Management and a former senior economist with the FTC and Justice Department. From a stock perspective, Citigroup analyst Mark Mahaney sees significantly bigger growth than Ticketmaster would enjoy...

Author: /time Magazine | Title: Ticketmaster, Live Nation: Obama's Antitrust Test | 6/10/2009 | See Source »

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