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The annual gaming trade show that the geeks drool over is cutting way back and will move out of the downtown Convention Center — but wants to stay in Los Angeles. Mark Lacter has the news at LA Biz Observed, along with the disclosure that the SEC is looking into Santa Monica-based Activision.
Meanwhile: Tribune Company CEO Dennis J. FitzSimons disclosed this afternoon that he had surgery for early prostate cancer. His memo to the L.A. Times troops follows:
Sent: Monday, July 31, 2006 1:33 PM
Subject: Update
Dear Fellow Employee:
This is an awkward e-mail to write because as you receive it, I will be recovering from surgery for prostate cancer. The operation took place earlier today at the University of Chicago Medical Center. Tests have indicated the disease is at an early stage and prospects are excellent for a quick and full recovery.
Given current disclosure requirements for public company CEOs, we have just issued a press release, but it seemed more appropriate that you hear this news from me versus reading it somewhere else.
Although I could think of more enjoyable ways to spend a summer vacation, I am fortunate to have great doctors and the support of family, our board of directors and colleagues. I look to be back at full strength before the end of August.
Tribune has a strong, experienced management team that during my absence will continue to execute our performance improvement plan. We have a lot to accomplish, and after this slight detour, I look forward to working with you to reach our goals.
Sincerely,
Dennis