soccer world cup
June 8, 2010 by Trend PK
Filed under World News
ESPN betting US soccer fans want more World Cup
NEW YORK — Knowledgeable U.S. soccer fans — it’s not an oxymoron.
ESPN is making a huge investment in World Cup coverage, paying $100 million for the rights to the 2010 and 2014 tournaments, based on the conviction that not only do Americans know the beautiful game, they want all they can get.
The 2006 tournament on ESPN and ABC drew the largest audiences for a World Cup outside the United States. But research afterward showed the network could do more to show fans it’s taking the sport seriously.
Now the network is trying to do just that, and to attract even more viewers, despite the time zone challenges of this year’s event in South Africa, which is six hours ahead of New York and nine hours ahead of Los Angeles.

“The simple math of ratings, if you can take that audience and get them to watch for a longer period of time, it has the same effect as growing the number of viewers,” said Jed Drake, executive producer for ESPN’s World Cup coverage. “We really have targeted our presentation now for a knowledgeable soccer audience.”
The same network that drew criticism for calling 20 matches from U.S. studios four years ago is putting together a staff of 300 people to produce the event in South Africa. ESPN has hired British announcers and plans 65 hours of live studio programming from Johannesburg.
“We have a production plan that we think is up to the level of ambition of this event with a great group of commentators that we’ve assembled, a broadcast operation that is far and away the biggest we’ve ever amassed outside of the U.S.,” Drake said.
The ESPN compound at the International Broadcast Center in Johannesburg is massive, dwarfing that of any other operation. A large bullpen is filled with editors and writers, with more than a dozen big-screen TVs on the walls. There are four editing suites and three control rooms, the largest of which has 10 high-definition screens that show everything ESPN is doing.
“You look at the footprint of this facility and we are, shall we say, quite large,” Drake said. “It’s just part of the commitment. You only do something at this level with the best equipment and the best people.”
ESPN also has an expansive set overlooking the Soccer City stadium, where “SportsCenter” will be broadcast live, and an open-air patio that can be the site for live reports for “Good Morning America” or one of ABC’s other shows. ESPN and ABC are owned by The Walt Disney Co.

Former national team captain John Harkes, who will work as a commentator on all of the U.S. team’s games, said Americans have learned to watch soccer differently in recent years, and that knowledge will influence how they follow this World Cup.
bp dividend
June 8, 2010 by Trend PK
Filed under World News
BP to pay first-quarter interim dividend
BP paying out $2.63B in dividends on June 21
NEW YORK — BP PLC will pay shareholders $2.63 billion in dividends on June 21 as investors and U.S. lawmakers wait to see what the oil company decides about future payouts.
The company announced the dividend on April 27, one week after a BP well in the Gulf of Mexico exploded and set off the largest oil spill in U.S. history. Lawmakers have urged the company to postpone its dividend for the second quarter. BP hasn’t announced plans yet for future dividends.
The dividend, which will be paid June 21 to shareholders of record as of May 7, is for the quarter that preceded the April 20 blowout in the Gulf of Mexico.

The company announced the dividend on April 27, one week after a BP well in the Gulf of Mexico exploded and set off the largest oil spill in U.S. history. Lawmakers have urged the company to postpone its dividend for the second quarter. BP hasn’t announced plans yet for future dividends.
Holders of ordinary shares will receive 14 cents. Holders of American depositary shares get 84 cents. Each ADS represents 6 ordinary shares.
Recently, two senators pressed urged company to delay plans to pay shareholder dividends worth an expected $10 billion or more until the full costs for cleaning up the oil spill in the Gulf of Mexico are determined.

BP shares slumped $2.04 or 5.55% to close at $34.72 in regular trading on Tuesday.
West Indies Elect to Bat Against Pakistan
JOHANNESBURG : West Indies captain FL Reifer won the toss and elected to bat against Pakistan in ICC Champions Trophy 2009.
It is expected to be a cracking encounter between two strong teams.
West Indies: FL Reifer(captain), DJG Sammy, DE Bernard, TL Best, TM Dowlin, ADS Fletcher, NO Miller, KOA Powell, DM Richards, KAJ Roach, DS Smith, GC Tonge,CAK Walton,
Pakistan: Afridi*,Fawad Alam, Imran Nazir, Kamran Akmal, Misbah-ul-Haq, Mohammad Aamer, Mohammad Asif, Mohammad Yousuf, Naved-ul-Hasan, Saeed Ajmal, Shoaib Malik, Umar Akmal, Umar Gul
West Indies Elect to Bat Against Pakistan was first posted on September 23, 2009 at 6:55 pm.
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