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...ever to prevent any terrorists from slipping in. (In 1987, Iranian pilgrims went on an anti-U.S. riot that caused more than 400 deaths.) An American security firm specializing in biometric face identification has been hired to scan the irises of some pilgrims; a French company has the contract to digitally record their fingerprints. Intelligence operatives mingle with the crowds and thousands of soldiers and police are stationed along the vast area of the pilgrimage...

Author: /time Magazine | Title: Among Many, Many Believers | 3/4/2002 | See Source »

...lucky to get half his original outlay. Although the rights for soccer World Cups 2002 and 2006 are bringing in some income, rumors continue to swirl that Premiere will soon seek to renegotiate its $330 million annual deal with Germany's domestic league - double the amount of the previous contract. "We have to bring our agreements into line with reality," Georg Kofler, the head of KirchPayTV, told the German newspaper Süddeutsche Zeitung. That reality: 2.4 million subscribers for the station, less than half the 6 million once projected. Says Kofler: "We can't continue to pay for subscribers...

Author: /time Magazine | Title: Has the Sports Bubble Burst? | 3/4/2002 | See Source »

...year, the Swiss-based sports-rights agency ISL collapsed after overpaying for the commercial rights - mainly for broadcasting and sponsorship - to a wide range of sports, including $1.2 billion over 10 years for men's professional tennis. Last month Rupert Murdoch's News Corp. wrote off $909 million on contracts to broadcast such sports as Major League baseball. Murdoch's BSkyB also wrote off the value of its investment in KirchPayTV - to the tune of a whopping $1.4 billion. This week in Britain, broadcaster ITV Digital is expected to conduct frantic talks with the English Football League, to renegotiate...

Author: /time Magazine | Title: Has the Sports Bubble Burst? | 3/4/2002 | See Source »

...unlikely to be repeated, say analysts. Their consensus is for a nasty short-to-medium-term correction and maybe even a dip in prices, followed by a slow, steady return to growth. A Merrill Lynch report released last year suggested that if the most recent English Premier League contract - which involved a number of broadcasters including BSkyB and ITV and was valued at $2.35 billion over three seasons - were to be renegotiated, it would be worth only about 60% of current levels. Figures from across the sports world joined in the chorus of doom. Daniel Beauvois...

Author: /time Magazine | Title: Has the Sports Bubble Burst? | 3/4/2002 | See Source »

...Diamond Horseshoe," he met a chorine named Betsy Blair; they married in 1940 (divorcing in 1977). He reached Broadway stardom as the title heel in "Pal Joey" and, at the same time, choreographed "Best Foot Forward." (This guy did everything!) MGM boss Louis B. Mayer offered him a contract. When Mayer reneged on a promise that no screen test would be required, Kelly, furious, signed with David O. Selznick - who didn?t make musicals. So the actor wound up at MGM, and stayed for 15 years...

Author: /time Magazine | Title: That Old Feeling: Dancin? Man | 3/2/2002 | See Source »

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