User Control Panel
Search iVirtua
Advanced/Tag Search...
Search Users...
What is iVirtua Exclusive Community?
  • An exclusive gaming industry community targeted to, and designed for Professionals, Businesses and Students in the sectors and industries of Gaming, New Media and the Web, all closely related with it's Business and Industry.
  • A Rich content driven service including articles, contributed discussion, news, reviews, networking, downloads, and debate.
  • We strive to cater for cultural influencers, technology decision makers, early adopters and business leaders in the gaming industry.
  • A medium to share your or contribute your ideas, experiences, questions and point of view or network with other colleagues here at iVirtua Community.
Guest's Communication
Live Chat
Teamspeak (VOIP) Audio Conference
Private Messages
Check your Private Messages
Themes
Choose an iVirtua Community theme to reflect your interests...
Business Theme
India/Arabic Theme

Gaming Theme
iVirtua Recommends
Fly Emirates Advertising
Santa Monica E3 relocation cost ESA $5m - a good idea?
Digg This Digg Topic Tag it on del.icio.us Tag topic on On del.icio.us Technorati Search Technorati Search Post to Slashdot Post to Slashdot
You are currently in Business and Industry in Gaming, Media, Web, IT and Computing
Post new topic Reply to topic
Wed May 21, 2008 10:12 am Reply and quote this post
The decision to move last year's E3 Business &Media Summit from Los Angeles to Santa Monica cost organisers more thanUSD 5 million.
According to IRS documents obtained by Kotaku,the ESA paid USD 5,377,808 in event cancellation fees in order to getout of its contract with the Los Angeles Convention Center.
Thetax documents also show that ESA membership dues more than quadrupledfor the 2006 fiscal year - from more than USD 1 million to over USD 4.5million.
                   
"In the past the membership dues here weredeflated significantly because of income that was coming from othersources including the summit," said ESA senior VP of communications andresearch Rich Taylor.
"Now we're closer to what other trade associations charge."
Taylorrefused to call last year's move to Santa Monica a mistake - despitethe fact that the show will be returning to the Los Angeles ConventionCenter this year.
Quote:
"There was a model in Santa Monica that wetried and after the event we polled participants across the board aboutwhat they thought of it and then we tried to figure out what we coulddo to make it better and returning to the Los Angeles Convention Centerwas the right decision," he told Kotaku.

While not specifically blaming higher fees, Activision, Vivendi and LucasArts have all canceled their ESA memberships recently.

Contributed by Editorial Team, Executive Management Team
372659 iVirtua Loyalty Points • View ProfileSend Private MessageBack to Top

Related Articles
Post new topic   Reply to topic


Page 1 of 1

iVirtua Latest
Latest Discussion

Discuss...
Latest Articles and Reviews

Latest Downloads
Subscribe to the iVirtua Community RSS Feed
Use RSS and get automatically notified of new content and contributions on the iVirtua Community.


Tag Cloud
access amd announced applications author based beta building business card case company content cool core course cpu create data deal dec demo design desktop developers development digital download drive email feature features file files firefox flash free future gaming google graphics hardware help industry information intel internet iphone ipod jan launch linux lol love mac market media memory million mobile money movie music net nintendo nov nvidia oct office official online patch performance playing power price product program ps3 pst publish ram release released report rss sales screen search security sep server show size software sony source speed support technology thu tue update video vista war web website wii windows work working works xbox 360 2006 2007 2008

© 2006 - 2008 iVirtua Community (UK), Part of iVirtua Media Group, London (UK). Tel: 020 8144 7222

Terms of Service and Community RulesAdvertise or Affiliate with iVirtuaRSSPress Information and Media CoverageiVirtua Version 4PrivacyContact