Archive for the ‘Out’ Category
Steve Jobs Stakes Out the TV Den
Posted on: May 5, 2008
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A week ago, the family was stuck on I-95 between Washington and New York for seven hours. The Meatgrinder, as it is affectionately known to us, had a little case of congestion and after five hours of quality time, we were reduced to silently hating the intermittent FM signal and the brake lights that framed our existence.
But after we hooked an Apple iPod to a doohickey that works with the radio, the car suddenly filled with an hour’s worth of storytelling from a podcast of “This American Life,” followed by some quality time with Taylor Swift, an improbably gifted teenage country star. The ability to program our temporary purgatory lifted the pall and before we knew it, we were home.
But once we went inside, we hit the halt button on Apple. There was the second season of “Friday Night Lights” on Netflix, “John Adams” from HBO on the digital video recorder and back copies of “Weeds” from Showtime, there for the plucking from the on-demand service.
While a lot of us carry a little bit of Steve Jobs around in our pocket, Apple is now after the remaining bit of life-share that it doesn’t already own, the home front.
On Thursday, the company announced deals with 20th Century Fox, Walt Disney Studios, Warner Brothers, Paramount Pictures, Universal Studios Home Entertainment and Sony Pictures Entertainment, among others, to sell movies for download on iTunes on the same day they are released on DVD.
The “day and date” downloaded movies (as they are called in industry jargon) will play only on Apple gadgets, but that characteristic may finally give the company the toehold in the American den that it has been looking for via Apple TV.
The movie business, because it makes its living on big fat video files that are harder to share than audio files, was able to watch and learn as the music industry shrank under the weight of pirated downloads and then reluctantly embraced a 99-cent solution from Mr. Jobs. And now every song, now and forever, is worth 99 cents, a price that attains for both the red-hot duet by Madonna and Justin Timberlake “Four Minutes,” and the forgotten B-sides he made when he was in a boy band.
The music companies still owned the songs, but Apple owned everything else — pricing, format, distribution and the lucrative revenue stream of manufactured devices.
When it comes to video, Apple has competition. Microsoft, Sony and Hewlett-Packard are vying to offer Web-enabled TV, while Amazon, Blockbuster, CinemaNow and Netflix sell movies digitally. So unlike the music companies, the movie studios seemed to be holding most of the cards.
They still might have blown it.
It’s official! Steve Jobs should ask for a pay raise! According to Forbes, Oracle’s Larry Ellison came first in 2007 as the best paid CEO (although he doesn’t seem to need his salary, since he is no. 14 among the world’s billionaires, with an estimated $25 billion of assets), topping big names such as Apple’s Steve Jobs (no wonder, the poor man is paid $1 for the job!).
The top 10 best paid CEO are as follows: Larry Ellison (Oracle) – $192.9 million, Nabeeb Gareel (MEMC Electronic Materials) – $79.6 million, John Cambers (Cisco) – $54.8 million, Mark Hurd (HP) – $27.6 million, Jen-Hsun Huang (NVIDIA) – $24.6 million, Samual Palmisano (IBM) – $24.3 million, Wendell Weeks (Corning) – $22.6 million, Joseph Tucci, EMC – $20 million, William Sullivan (Agilent) – $17.4 million, Paul Otellini (Intel) – $16.3 million.
Steve Jobs not only didn’t make it on the top 10 list, but 2007 was far less productive than 2006: this time he took home an estimated $14.6 million in compensation, compared to 2006 when he took compensations estimated at $646 million (oh, it’s nice to have stocks!).
The secret to making it to Forbes’ top list: don’t lose your job! Yahoo’s former Chief Executive Officer Terry Semel didn’t make it this year, and neither did Michael Dell, the founder of Dell, who is currently working hard to bring Dell to the light (however, he does have some pretty good savings, in case things don’t work out so well; Forbes estimated his value at $16 billion, making him the 40th richest person in the world).
The recently opened Terminal 3 at Beijing Capital International Airport was designed and completed in record time for the Summer Olympics. It can handle 50 million passengers a year. More Photos >
BEIJING — Beijing airport’s new Terminal 3 — twice the size of the Pentagon — is the largest building in the world.
Adorned with the colors of imperial China and a roof that evokes the scales of a dragon, the massive glass- and steel-sheathed structure, designed by the renowned British architect Norman Foster, cost $3.8 billion and can handle more than 50 million passengers a year. The developers call it the “most advanced airport building in the world,” and say it was completed in less than four years, a timetable some believed impossible.
It opened in late February with little fanfare, but also without the kind of glitches that plagued the new $8.7 billion terminal at Heathrow in London, a project that took six years to complete.
This is the image China would like to project as it hosts the Olympic Games this summer — a confident rising power constructing dazzling monuments exemplifying its rapid progress and its audacious ambition.
While much of the world has focused on protests trailing the Olympic torch, China’s poor human rights record, its pollution, product safety and child labor scandals, workers here have been putting the finishing touches on one of the biggest building programs the world has ever seen.
Beijing hopes to overcome these negatives, and the dark sides of its roaring economy, by emphasizing its ability to upgrade and modernize, at least when it comes to buildings and infrastructure projects. The main Olympic stadium, nicknamed the Bird’s Nest, is already widely admired for its striking appearance and its use of an unusual steel mesh exterior. The nearby National Aquatics Center, known as the Water Cube, is a translucent blue bubble that glows in the dark.
And east of the main Olympic arenas, construction is winding down on the new headquarters of the country’s main state television network, China Central Television, or CCTV.
That $700 million building, designed by Rem Koolhaas, consists of two interlocking Z-shaped towers that rise 767 feet and may be the world’s largest and most expensive media headquarters.
New York has the Chrysler Building, Grand Central and the Guggenheim Museum; Paris has the Louvre and the Pompidou Center; now Beijing is determined to build its own architectural icons.
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Lurita A. Doan has been forced out as head of the General Services Administration, the federal agency that oversees billions of dollars in contracts and manages thousands of government-owned buildings.
In a stormy two-year tenure as the agency’s administrator, Ms. Doan was accused of improperly mixing government business with politics and of trying to steer government contracts to her friends. Democrats in Congress said she violated the Hatch Act, which makes it illegal for government employees to take action that could influence an election.
Ms. Doan’s resignation was requested by the White House on Tuesday and takes effect immediately, the agency said Wednesday. Ms. Doan said in a statement, “It has been a great privilege to serve our nation and a great president.”
The agency said that its deputy administrator, David L. Bibb, a career employee, would take over, at least for the time being.
Much of the criticism of Ms. Doan came after it became known that on Jan. 26, 2007, a deputy to Karl Rove, then President Bush’s chief political adviser, gave a briefing to employees of her agency that identified Congressional Democrats the Republicans hoped to unseat in 2008, as well as Republican incumbents who seemed vulnerable.
Several people at that meeting said later that Ms. Doan had asked how her agency could be used “to help our candidates.” Ms. Doan said she did not remember making that remark.
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