CALIFORNIA | LOCAL
January 23, 2014 |
SAN FRANCISCO - The UC regents on Thursday hired an executive of a Canadian investment fund to be the chief manager of the university system's $82 billion in endowment and pension investments and will pay him more than $1 million a year if he achieves good returns. Although that pay package triggered little public discussion, the salary for another new executive hire attracted more opposition at the regents meeting here. Some regents opposed the $450,000-a-year salary for Claude Steele, who is becoming UC Berkeley's provost and second-in-command.
January 16, 2014 |
It's good to be king. That's the likely take-away of many network executives after reading the NFL's request for proposal -- or demands -- letter regarding a new Thursday night package of games. The NFL Network airs 13 Thursday night games. The league wants to take some of those games -- six or eight -- and use them for another TV package on a different channel. This would create a new revenue stream for a league that never tires of growing its television revenue. But the NFL doesn't want to throw its own channel under the bus. It is asking whoever gets the new Thursday package to also allow the NFL Network to simulcast those telecasts, a person with knowledge of the proposal said, confirming a report in Sports Business Journal . PHOTOS: Behind the scenes of movies and TV Not only that, the league has also said that it would like whoever gets the Thursday games to produce the games that would remain exclusive to the NFL Network as well.
January 15, 2014 |
The NFL is finally putting into motion its plan to create another television package. The league is asking for proposals from interested networks for a new Thursday night package of games. Currently, the NFL Network carries 13 Thursday games. One of the scenarios being considered is to take eight games away from the NFL Network to create the new package. The NFL has made no secret about its interest in pursuing this. In an interview with the Los Angeles Times last October, NFL executive Steve Bornstein said, “We constantly think about how to reformulate our packages to maximize them," in response to a question about adding another network to the league's mix. While the NFL wants to create another revenue stream, it can't strip the NFL Network of all its Thursday games.
January 5, 2014 |
California is home to both Silicon Valley and Hollywood, two of the world's greatest wealth-producing engines, and much of the state enjoys tremendous affluence. By some estimates, my own town of Palo Alto has the world's highest per capita concentration of billionaires. But California also has pockets of enormous poverty. The U.S. Census recently estimated that when both income and living costs are taken into account, 24% of Californians live in poverty, the highest poverty rate of any state.
January 1, 2014 |
For almost two decades, DirecTV's Sunday Ticket package of National Football League games has been a superstar performer for the satellite broadcaster. But like any team with an aging and expensive player, DirecTV now has to decide whether to keep Sunday Ticket on its roster. DirecTV pays $1 billion a season for the rights to all Sunday afternoon games under an exclusive deal that runs through next season. The satellite broadcaster and the NFL are in talks on a new contract, with cost and length being two sticking points.
December 27, 2013 |
Talk about a First World problem: Christmas packages that didn't arrive on time. Suffice to say, Christmas 2013 wasn't Amazon's, or UPS' or FedEx's finest hour. But from the uproar , you'd have thought NORAD had mistakenly brought down Santa and his eight tiny reindeer somewhere between Cleveland and Des Moines. In Time magazine (and to digress just a bit, who doesn't like its “Every Time Person of the Year in 30 seconds” online graphic ? Though try naming/explaining some of those middle decades to your teen in milliseconds!