Former Disney boss to run L.A. 2028 Olympics ceremonies
In this role, the longtime TV veteran will be in charge of the physical production and creative oversight of the opening and closing ceremonies for both games. The 2028 Summer Olympics' opening ceremony will be held at two venues — the Coliseum and SoFi Stadium. The Games' closing ceremony will be held at the Coliseum.
In a statement, Rice said he looked forward to producing ceremonies that would honor the legacy of the Coliseum and "celebrate the cutting-edge future" of SoFi Stadium.
"These venues have hosted some of the most legendary moments in sports history," Rice said. "I'm thrilled to deliver a powerful artistic experience that adds a new chapter to LA's Olympic and Paralympic story."
LA28 President and Chairperson Casey Wasserman said Rice's background in "creativity, operational insight and production excellence" made him ideal for the position.
Read more: Your guide to official venues for 2028 L.A. Olympics and Paralympics
'He's been a leading figure in shaping the modern television and film landscape and is the perfect asset to reimagining the delivery of the Opening and Closing Ceremonies for the digital age, leaving a legacy well beyond the Games," Wasserman said in a statement.
Rice spent decades at Rupert Murdoch's 21st Century Fox, eventually rising to the role of president. After Disney acquired the entertainment assets of 21st Century Fox in 2019, he became chairman of Disney's TV content division. At one point, analysts and insiders speculated that he could become Disney's CEO.
He was ousted from that role in 2022 over issues of "cultural fit," insiders said at the time. He was replaced by Dana Walden, his top lieutenant who is now seen as one of the frontrunners to succeed Bob Iger as Disney's next chief executive.
Sign up for our Wide Shot newsletter to get the latest entertainment business news, analysis and insights.
This story originally appeared in Los Angeles Times.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
15 minutes ago
- Yahoo
Phillies' Nick Castellanos out of Saturday's lineup vs. Yankees with left knee injury
Both the Philadelphia Phillies and New York Yankees will be without their regular right fielders for Saturday's matchup at Yankee Stadium. Aaron Judge is out of the Yankees' lineup with a right elbow injury that's made it difficult for him to throw from the outfield. The team is currently waiting for imaging results. And while it doesn't appear to be as potentially serious, Nick Castellanos will sit out Saturday's game due to a left knee injury suffered in Friday's 12-5 win over the Yankees. Castellanos jammed his left knee while running toward the right field wall to make the final out, according to Phillies manager Rob Thomson. The Phillies' right fielder batted 2-for-5 in the Phillies' win and is hitting .270/.311/.434 with 23 doubles, 13 home runs and 56 RBI. He's third among Philadelphia's regulars in homers and second in RBI.
Yahoo
15 minutes ago
- Yahoo
Why Google should 'walk away' from Waymo
Needham & Company senior media and internet analyst Laura Martin joins Market Domination with Josh Lipton to explain why Alphabet (GOOG, GOOGL) should ditch Waymo and focus on generative artificial intelligence (AI) instead. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Related videos The £70bn pension tax raid Reeves may not be able to resist 10 shares I wouldn't want to hold in a stock market crash After falling 16% in a day, this stock's on my list of shares to buy in August This FTSE 250 trust is easily beating the global index in 2025. Time to buy? Sign in to access your portfolio
Yahoo
15 minutes ago
- Yahoo
EMCOR Group (EME) Sees EPS Surge as Net Income Climbs to US$241 Million
EMCOR Group recently announced a regular quarterly cash dividend of $0.25 per common share, to be paid on July 31, 2025. This steady dividend approach aligns with the company's robust quarterly performance, which saw net income rise to $241 million and EPS increase substantially year-over-year. Additionally, the ongoing share buyback program has strengthened shareholder returns. Despite the broader market's moderate growth of 1.4% over the past week and 17% over the past year, EMCOR's notable share repurchases and solid financial outcomes appear to have amplified investor confidence, contributing to the company's impressive 55% stock price surge last quarter. We've spotted 1 risk for EMCOR Group you should be aware of. Trump has pledged to "unleash" American oil and gas and these 22 US stocks have developments that are poised to benefit. EMCOR Group's recent announcement of a quarterly dividend and the implementation of its share buyback program underline its commitment to enhancing shareholder returns. Despite a potential downside to the current share price of US$635.06, which exceeds the consensus analyst price target of US$549.57 by 13.46%, these actions could continue to buoy investor confidence. The company's performance over the past five years, with a total return exceeding 844.60%, showcases its robust long-term trajectory. In the last year, EMCOR's share performance exceeded both the broader market's 17.2% and the US Construction industry's 54.2% return, highlighting its strong standing relative to peers. The successful integration of acquisitions and strategic diversification into sectors like data centers and healthcare is anticipated to impact future revenue positively. This, coupled with operational efficiencies and strong revenue collaboration, may reinforce earnings projections. However, EMCOR's earnings forecasts of a 6.2% annual growth rate lag behind the broader market's 14.9% forecast, which could present challenges in meeting broader industry expectations. The company's impressive share price rise of 55% last quarter signals optimism, though its current value being above the target may indicate overvaluation concerns. Nevertheless, the consistent cash flow and healthy margins underscore its potential resilience against margin pressures, supply chain challenges, and other economic uncertainties. As analysts estimate revenue growth to 7.9% annually over the next three years, any tangible improvement in operational metrics could shift the valuation outlook positively. Unlock comprehensive insights into our analysis of EMCOR Group stock in this financial health report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include EME. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
