Word: warners
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...Warner Independent Pictures...
...five-year financial projections relied upon in the old league, which was founded on Web-like hysteria after the 1999 World Cup victory. (John Hendricks, chairman of Discovery Communications, was so "intoxicated" by the World Cup victory, he persuaded his cable brethren at Comcast, Cox and Time Warner, which owns TIME magazine, to help fund the start-up.) This time around, DiCicco says, the WUSA will rely on modest one-year figures. "Potential owners told us they're not going to believe anything we project," he explains. "They said, 'Don't waste your time.'" And even the one-year numbers...
...most important aspect of the new model is the change from a single-entity league to a franchise operation. In the old WUSA, each investor operated a team or two--Time Warner Cable, for example, ran the Carolina Courage and New York Power, and Hendricks ran the San Jose CyberRays and Washington Freedom. The owners split losses equally. Under the franchise model, danger does loom: one team can acquire more riches, creating competitive imbalance that bankrupts other teams and adds instability (see Yankees, New York, and Expos, Montreal, in baseball). But single-team ownership builds incentives to leverage local sponsors...
...peer-to-peer networks can offer movies while the films are still in theaters, the whole revenue stream could be undermined. "We have less issues with technology overall than the lack of the ability to enact business rules around that technology," says Darcy Antonellis, a senior vice president at Warner Bros. Entertainment (a sister company of TIME) responsible for its worldwide antipiracy operations...
...Cargo TV series. The action scenes don't move at a clip either. Sometimes Oshii preens a little, as when the camera tracks slowly around an object. It points out what's missing in his approach: fluidity of character line, the subtlety of expression that brought humanity to a Warner Bros. cartoon duck or rabbit...