Word: ioc
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Dates: during 2000-2009
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...members of the International Olympic Committee (IOC) will meet in Copenhagen to decide the host city for the 2016 Summer Games. Officials from Chicago, which is competing against Rio de Janeiro, Madrid and Tokyo for the Olympic prize, are working feverishly to perfect their pitch down the homestretch. The Chicago delegation just returned from Africa, where it made a presentation to the Olympic executives of that continent. President Obama himself sent a video message, asking the Africans for their vote...
...round coverage of Olympic sports. According to the USOC, the network will launch sometime after the 2010 Vancouver Games. One problem: the U.S. Olympic Network could compete with NBC, which is paying $2.2 billion to broadcast the 2010 and 2012 Olympics. The network accounts for roughly half of the IOC's global broadcast-rights fees, and NBC will surely be among the bidders for the 2014 and 2016 Olympics. Plus, NBC wanted the USOC to partner with its own cable network, Universal Sports, for Olympic programming. NBC is irked, and the IOC doesn't like to see its sugar daddy...
...IOC publicly chided U.S. Olympic officials. "We were aware that the USOC had been considering a new 'Olympic broadcast network,' but we have never been presented with a plan, and we had assumed that we would have an opportunity to discuss unresolved questions together before the project moved forward," the IOC said in a statement. "It is for this reason that the IOC is disappointed that the USOC acted unilaterally and, in our view, in haste by announcing their plans before we had a chance to consider the ramifications." The IOC also said that the network "raises complex legal...
...Ouch. The wrist-slap comes at the worst possible time for Chicago. The IOC and the USOC were already squabbling about the USOC's share of sponsorship and broadcast revenue: the IOC wants to reduce the funds flowing to the U.S., while the Americans are resisting. Both sides, however, had agreed to put those negotiations aside until after the 2016 decision was finalized. Now all tensions are back on the table...
...Chicago has formidable competition: the 2016 Games' final four candidates also include Madrid, Tokyo and Rio de Janeiro. Considering that London is to host the 2012 Summer Games, a sense of continental equity could bolster the IOC's desire to return the event to the Americas. Rio would be the first South American city to host the Games, but there is grave concern about its ability to afford the significant infrastructure and security requirements. American Olympic officials are betting they can sell the IOC on Chicago's robust sports culture and the city's relatively harmonious ethnic and racial diversity...