Bloomberg - NFL Owner Stan Kroenke Wants to Take Over L.A. 5-15min

The National Football League wants to put at least one franchise in Los Angeles by the start of next season. Kroenke, the owner of the St. Louis Rams and arguably the most powerful owner in sports, wants it to be his. He’s ready to build a $1.9 billion stadium southwest of downtown. He has big backers. Jones, who built an 80,000-seat cathedral to excess known as “Jerry’s World” for his Cowboys in 2009, admires the grandeur of Kroenke’s plan and has sided with him against owners from the San Diego Chargers and Oakland Raiders, who want to build and share a stadium in the L.A. suburb of Carson, bringing two franchises to the city at once. ... Kroenke aims to turn a demolished horse racing track and parking lot in Inglewood, Calif., into an 80,000-seat stadium with a latticed open-air roof; an adjacent 6,000-seat arena; 1.7 million square feet of retail and office space; 2,500 residential units; and a hotel. To put the Rams there, he’ll have to secure the approval of at least 24 of 31 of his fellow NFL owners and give a stiff arm to his native Missouri. ... Along with the Rams, Kroenke owns the National Basketball Association’s Denver Nuggets, the National Hockey League’s Colorado Avalanche, Major League Soccer’s Colorado Rapids, and two-thirds of the English Premier League soccer club Arsenal—all separate from his wife Ann’s $3.8 billion inheritance.

New York Magazine - The Epic Fall of Hollywood’s Hottest Algorithm 5-15min

In an industry where no one knows anything, here, finally, was someone who seemed to know something: Ryan Kavanaugh, a spikily red-haired man-child with an impish grin and a uniform of jeans and Converse sneakers who had an uncanny ability to fill a room and an irresistible outlook on how to make money making movies. Not yet 30 when he founded Relativity Media in 2004, he very quickly became not only a power player in Hollywood but the man who might just save it. With a dwindling number of studios putting out ever fewer movies, other than ones featuring name-brand super­heroes, Kavanaugh became first a studio financier and then a fresh-faced buyer of textured, mid-budget films. To bankers, Kavanaugh appeared to have cracked the code, having come up with a way to forecast a famously unpredictable business by replacing the vagaries of intuition with the certainties of math. ... Even Hollywood wasn’t used to a pitch this good. Kavanaugh alternately dazzled and baffled — talking fast, scrawling numbers and arrows and lines on whiteboards, projecting spreadsheets. ... Borrowing a tool from Wall Street, he touted his “Monte Carlo model,” a computer program that runs thousands of simulations, as a device that could predict a film’s success far more reliably than even a sophisticated studio executive. Better, Kavanaugh convinced several studios that he could raise more money for them if they gave him access to their guarded “ultimates” numbers showing the historical or projected performance of a film across all platforms (DVD, video-on-demand, etc.) over a number of years.

ESPN - The Wow Factor 5-15min

Few could have guessed that the league's return would become so bloody, bitter and, most of all, emblematic of how power in the NFL truly works. ... The inability of America's most popular sport to occupy the nation's second-largest market since the Rams and Raiders left after the 1994 season had become a running joke. In the past two decades, at least 20 Los Angeles stadium proposals had been designed and junked. An expansion team had been awarded to LA in 1999 but then, mired in red tape, sent to Houston to become the Texans. Many clubs had used the threat of moving to Los Angeles as leverage to build new, publicly financed stadiums. But now, the idea of at least one franchise relocating to LA wasn't just a fanciful notion. It was real. ... Most owners meetings are boring. Some members doze. Groupthink often prevails. Not this time. For hours, the owners argued and traded barbs.

Bloomberg - Grass Warfare in L.A. 13min

Dead grass became a point of pride as state officials rolled out ad campaigns with slogans like “brown is the new green” and “going golden this summer.” With-it wealthier residents signaled their savvy by investing in beautiful, though dusty, re-landscaped eco-havens of olive trees, white-flowered chamise shrubs, and California golden violets with, perhaps, paths of decomposed granite wending through them. ... Turf Terminators, started by twentysomething entrepreneurs, pitched itself to people like Goldfarb who wanted to conserve but couldn’t afford to pay a landscape architect four or five figures. In less than two years, the company removed 16 million square feet of grass from 12,000 lawns. During that time, Turf Terminators was the veritable face of water-saving landscaping in and around Los Angeles, praised by government officials and some customers for providing a fast, affordable way to get rid of grass. ... The company’s short but profitable life span serves as an instructional fable for other cities that will inevitably face climate change-related infrastructure problems. The takeaway: Solutions are rarely simple or easy, so do a lot of research before throwing public money at the issues.

The Atlantic - Inside LAX's New Anti-Terrorism Intelligence Unit 17min

In the summer of 2014, Anthony McGinty and Michelle Sosa were hired by Los Angeles World Airports to lead a unique, new classified intelligence unit on the West Coast. After only two years, their global scope and analytic capabilities promise to rival the agencies of a small nation-state. Their roles suggest an intriguing new direction for infrastructure protection in an era when threats are as internationally networked as they are hard to predict. ... their current operation falls somewhere between a start-up and a think tank. Because she came from an intelligence background, Sosa had an eye for big-picture narratives; McGinty’s 25 years as a street detective and war veteran gave him tactical insights and a deep knowledge of police culture. Together, the two of them have brought classified in-house intelligence analysis to one of the world’s busiest airports ... Their work promises to propel the city’s aging airport to the forefront of today’s conversations about what it means to protect critical infrastructure and, in the process, to redefine where true power lies in the 21st-century metropolis. ... More than 50,000 badged employees report to work there each day, many with direct access to the airfield—and thus to the vulnerable aircraft waiting upon it. More than 100,000 passenger vehicles use the airport’s roads and parking lots every day, and, in 2015 alone, LAX hosted 75 million passengers in combined departures and arrivals.