Studios 'Back' LA Olympics for 2024

Rome is out. Only Paris and LA remain.

Los Angeles and Paris are the two remaining cities in contention for the 2024 Summer Olympic Games, and the major Hollywood studios are lobbying hard, behind the scenes, to see that LA gets the nod.

The City of Angels has hosted the Summer Games twice before - in 1932 and 1984 - and both the city's politicians and the studio honchos want a sequel.

Casey Wasserman, Chairman of the LA Olympic Committee, told CMG, " Hollywood is a dream factory and creator of stories that entertain people worldwide. The linking of the Games and Hollywood is a dream come true."  Disney, NBC/Universal, Warner Brothers, and Fox have all thrown their considerable political and financial weight behind the movement to get LA approved. Termed 'LA 2024' the movement strives to connect Hollywood and the Olympics in a powerful engagement that would be unequaled by any other hosting contender, i.e. Paris.

The LA City Council has already approved a series of guarantees required under the International Olympic Committee's bid process, including a guarantee to cover cost overruns.  The LA 2024 Committee and the City's mayor and Council believe that the hundreds of millions that would come to the City in the form of tourism and related revenue would more than offset the cost to host the Games.

If selected (and there is a very good chance it will be) the Games would be held from July 19 - August 4, 2024 at venues throughout the City.