THE WEEK AHEAD...
Coming Monday
Should consumers pay a tax to watch Netf lix and other video streaming services? Pasadena and other California cities are mulling over whether to tax subscribers using existing municipal utility tax codes designed for cable-TV users. Some analysts predict more levies due to the growing trend of cord cutting.
New CEO at apparel firm
American Apparel gets a new CEO on Monday: Chelsea Grayson, the company’s general counsel and chief administrative off icer. She replaces Paula Schneider, a longtime retail executive who was brought on in January 2015 after American Apparel’s board ousted founder Dov Charney. Grayson is a lawyer with a background in mergers and acquisitions but little retail experience.
New devices from Google?
On Tuesday, Google is hosting an event in San Francisco that has the tech world abuzz. While the Mountain View, Calif., company hasn’t offered much detail, many expect it to announce new models of its Chromecast streaming media device and its Nexus phone. The tech site Gizmodo further predicts Google will kill the Nexus brand and replace it with phones called Google Pixel.
Deadline for Olympic bid
Friday is the deadline for organizers of Los Angeles’ bid for the 2024 Summer Games to submit a second round of material to the International Olympic Committee. The deadline comes as many L.A. leaders are asking pointed questions about what protections would exist should the city win the $6-billion Games but then have a funding shortfall or an unforeseen catastrophe.
Big names at Desert Trip
Bob Dylan, the Rolling Stones and Paul McCartney are among the classic acts coming to Indio this weekend — and so is plenty of cash. The Desert Trip music festival, nicknamed Oldchella because so many of the acts feature performers in their 70s, is expected to bring in some $400 million to the Coachella Valley, according to a study contracted by Goldenvoice, promoter of the event.