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24 Ent. & Sports Law. 1 (2006-2007)

handle is hein.journals/entspl24 and id is 1 raw text is: Pinned Down: Labor Law and            SinU     h    etThe Army-Navy Game
Professional Wrestling, Part 3        Lebron James?

A PUBLICATION OF THE
ABA FORUM ON THE
ENTERTAINMENT AND
SPORTS INDUSTRIES
VOLUME 24, NUMBER 1
SPRING 2006

The 2004 Athens Olympics
A Cost Benefit Analysis
By Panagiotis C. Poulios
eptember 18, 1990 was a crucial day for Greece. In the ballroom of the
New Takanawa Prince Hotel in Tokyo, Japan, the President of the
International Olympic Committee, Juan Antonio Samaranch, was ready
to announce the city that would host the summer Olympic Games of 1996.
The International Olympic Committee has awarded the 1996 Olympic Games
to the city of Ath....
Greece desperately wanted to host the Olympic Games-not only because
the Olympic Games would return to their home, but because 1996 would be
the 1001 anniversary of the first modem Olympics held in Athens. This was
the central idea of the 1996 Athens bid.' Greeks were confident that they
would not lose that chance. They believed that the members of the IOC, the
so-called immortals,' had to reward the founders of the games; they had a
moral obligation to Greece.
Continued on page 18
From Book to Screen
Mining Literary Works in the Movie Business
By Daniel M. Satorius
m       the earliest days of the film industry books have been used as the basis for
the narrative structure of great films. The Big Parade by King Vidor in 1925
was based on a story by author Laurence Stallings. Mary Shelley's Gothic
1818 novel Frankenstein was made for the screen by James Whale in 1931. James
Hilton's best-selling novel Lost Horizon was faithfully adapted for the screen by
screenwriter Robert Riskin and made into a film in 1937 by Frank Capra. Two great
works of American cinema were made in 1939 and were adapted from books: The
Wizard of Oz (directed by Victor Flemming; screenplay by Noel Langley, based on
L. Frank Baum's novel) and Gone with the Wind (Sidney Howard's script, adapted
from Margaret Mitchell's book; produced by David 0. Selznick).
A novel is, in one view, a test market for a motion picture. The story has been test
marketed in book form. The results in the publishing market may indicate how well
the motion picture will perform. The making, marketing and distribution of a
motion picture involve enormous expense and risk. The producers, financiers and
Continued on page 31

The History
and Recurring
Issues of
Ringtones
Lessons for the
Future of Mobile
Content
By Steven Masur and Ursa Chitrakar
Introduction
T ee popularity of ringtones eludes
many people. Some say that they
are loud, tinny, embarrassing, frus-
trating to install and even more annoying
than elevator music. To add insult to
injury, at $2.99 a purchase, they are more
expensive than a full high-quality song
download. So how have they become so
popular? The answer can be found in why
people buy them--quite simply, that they
are more fashion statement than entertain-
ment product. People want ringtones not
in order to enjoy the music, but to distin-
guish themselves and feel cool. It's the
mobile personalization market, and it
has become big business globally.
Today there are over 1.5 billion mobile
phone subscribers worldwide, and ring-
tones are the most popular digital music
format, according to the report on digital
music by the International Federation of
Phonographic Industry (IFPI).' Mobile
music revenues in the United States
Continued on page 14

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