Sunday, March 24, 2013

?The Business Of Literature Is Blowing Shit Up? | TechCrunch

If you love books?heck, if you even like ?em?run, don?t walk, and read this magnificent, magisterial essay by Richard Nash on their past, present and future. It?s long. Don?t be frightened. But even if the Internet has shredded your attention span, at least scroll down to its epic final paragraph. Go on. I?ll wait.

It?s been a rotten decade for book publishers, newspapers, and anyone else clinging to that 15th century technology called the printing press. Marc Andreessen has advised the mighty New York Times to ?burn the boats? and shut down their presses. His partner Ben Horowitz claimed last year that ?babies born today will probably never read anything in print.?

Meanwhile, Borders is dead, the tablet is killing the e-reader, and Barnes & Noble?s Nook has gone from investor darling to dead-weight albatross. The ?Big Six? publishers may seem to be surviving nicely, but check out this graph:

Transformation amid booksellers

If publishers are at war with Amazon, the undisputed king of e-commerce?and they certainly think they are?then that remarkable trend does not bode well for them.

Authors aren?t doing so well either. ?For large parts of the year it only takes a few hundred copies a day, not a few thousand, to get to the top of Amazon?s daily charts.? ?My novel shot to the top of the site?s bestseller list last summer. You won?t believe how little I got paid.?

Nowadays, when authors dream of financial success, they dream more of Hollywood or TV adaptations than slots on the New York Times bestseller list. Movies and television have held up remarkably well under the onslaught of the Internet, thanks largely to ever-more-lucrative foreign markets, while book publishing has quietly become far more hit-and-miss than Hollywood. Last year each book in E.L. James? Fifty Shades Of Grey trilogy sold more than 15 million e-book copies. Only one other book, Gillian Flynn?s Gone Girl, broke a million. Which is more than it sold in print, incidentally.

For the last five years, in the face of this spreading transformation, the publishing industry has been caught in a tawdry and depressing spiral of denial and decay, constantly attempting to reject new media, new technologies, and new business models until they can fight back no more. (Disagree? Name some publisher-driven innovations.) Evan Hughes? recent Wired piece is the latest in a long line of eulogies. If it seems incredibly musty and tired to you, you?re not alone. I?m faintly amazed that it was published in Wired in 2013; my own contribution to the genre dates back to 2007.

That?s why Nash?s essay is such a breath of revolutionary air. The publishing industry will never be the same, but why can?t it be better? Why can?t a whole new model of publishing be created, rather than this false dichotomy between ?published? and ?self-published?? So the king is dying; well, long live the king!

The Internet opens up new ways of connecting with readers that authors have never dreamed of before? and that publishers seem to barely even consider. Take Wattpad. A few months ago they put a couple of my novels up on their site for free. (They did ask permission, even though they didn?t need to; after the rights to the books in question had reverted from their initial publishers, I released them under a Creative Commons license.)

And I?m delighted that they did. A cool million chapter-views of my back-catalog hacker thriller Invisible Armies later, I know far more about how people read the book than I ever did before:

Hughes seems to be arguing that authors will choose to self-publish. Charles Stross disagrees:

Yes, I could do it. But it?d suck up a huge amount of time I would prefer to spend doing what I enjoy (writing) and force me to do stuff I do not enjoy (reading contracts, accounting, managing other people). The only sane way to do it would be to hire someone else to do all the boring crap on my behalf. And do you know what we call people who do that? We call them publishers.

Indeed. But wait: why do all of those people have to work under the same corporate aegis? Why can?t Stross hire a separate editor, copy editor, publisher and marketer? Why must their end-product be viewed as a thing that is complete and engraved in stone, rather than a living beast amenable to A/B testing and weeks-to-months of optimization, like a Broadway play in previews? If a book isn?t a sheaf of papers any more?and given that the bestselling e-books are now outselling the sheaves, it clearly isn?t?then what is it?

I?ll take a swing at that one: a book is a story told in the size and shape that fits most deeply and tightly into the human brain. Everyone keeps waiting for Amazon Singles and short stories to take off, and waiting, and waiting. But I believe novels will remain the dominant form of written storytelling so long as our brains remain substantially unchanged.

Maybe the existing system of publishers and booksellers will collapse. Maybe our collective ability to filter the good from the bad will be challenged. Maybe, as more and more books are written, and more and more made available for free, full-time authors will become an endangered species.

Doesn?t really matter. Books will remain, and because they?re books, because they?re that razor-barbed size and shape, they?ll remain a genuinely powerful and subversive medium. Richard Nash is right: whatever tidal wave of change comes next, whatever economic system or sociopolitical order, you can bet that books, in one form or another, will be at its disruptive heart.

Image credit: Booksplosion, by azrasta, on Flickr.

Source: http://techcrunch.com/2013/03/23/the-business-of-literature-is-blowing-shit-up/

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Saturday, March 23, 2013

Senate's first budget in four years: A chip off partisan gridlock?

Billions in new spending and a $1 trillion tax hike for the wealthy are mainstays of the first Senate budget in four years. It's the polar opposite of the Republican House?budget passed this week.

By Patrik Jonsson,?Staff writer / March 23, 2013

Sen. Mary Landrieu, D-La. rushes with other lawmakers to the Senate floor on Capitol Hill in Washington Friday to vote on amendments to the budget resolution.

J. Scott Applewhite/AP

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In what Sen. Majority Leader Harry Reid called a "Herculean feat," the US Senate passed its first budget in four years (1,448 days) after a 13-hour vote-o-rama early Saturday morning, suggesting a small but significant return to fiscal normalcy for a country struggling to reconcile its debt and spending habits.

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The Senate budget, written by Sen. Patty Murray (D) of Washington, is more a political document than a fiscal blueprint as it stands in sharp contrast to the House budget passed on Thursday, written by former vice presidential candidate Rep. Paul Ryan (R) of Wisconsin.

Sen. Murray's budget, passed along partisan lines with a few defecting Democrats, ends $1 trillion worth of tax breaks for the wealthy, curbs but does not end deficit spending, and would spend billions on new infrastructure to help the economy. Rep. Ryan's more austere House budget reforms federal entitlement spending, shrinks the size and scope of many federal agencies, and purports to balance the federal books in 10 years without raising taxes.

Reconciling those two competing visions into one workable budget document by April may seem Sisyphean ? and it may yet be, especially given that President Obama, too, is planning to offer his own budget ? but the lengthy up and down voting on over 70 amendments into the wee hours also gave Congress a few glimmers of common ground, including support for the Keystone XL pipeline proposal, the repeal of a medical device tax that's become an unpopular aspect of "Obamacare," and stopping the United Nations from infringing on the Second Amendment right to bear arms.

Even though most of those amendments are advisory only, they supported a sense of accomplishment that's been rare in Washington.

"If Washington wasn't so dysfunctional, today would just be another day rather than a historic day," quipped conservative talk show host Sean Hannity.

Most importantly, the lack of a federal budget at a time of rising federal debt and rollercoaster spending has played into a greater sense among many Americans of a Washington unmoored from fiscal responsibility at a time when the average American wallet is thinner than it?s been in decades.

"Passage of the competing plans does advance a more orderly process after nearly three years of crises and brinkmanship,? writes the New York Times' Jonathan Weisman.

To be sure, polarized partisanship in Washington over how to set the course of the country has made it difficult, if not impossible, for the Senate in the last few years to reach the 60 votes needed to actually make a budget actionable (as opposed to the simple 51-senator majority needed to pass a budget). Moreover, the lack of a budget doesn?t technically affect the functioning of government, given various stop-gap and patch-up laws, including the Budget Control Act, passed by Congress in the last few years.

Those measures have allowed the federal government to hobble along without a fundamental budget document in place. "Not having a budget resolution in place is a symptom of the inability to reach agreement ? not the cause of Congress not being able to accomplish things," Jim Horney of the Center on Budget and Policy Priorities told the Economist last week.

While Republicans and Democrats are still miles apart on how to resolve fundamental debt and spending issues, the depth of the budget debate in the Senate gave some lawmakers hope.

"You may not feel it at the moment, but this is one of the Senate's finest days in recent years," Republican Minority Leader Mitch McConnell said, according to Business Insider.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/syp8qvaRbfY/Senate-s-first-budget-in-four-years-A-chip-off-partisan-gridlock

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Cypriot official says EU bailout deal could come in 'next few hours'

Protesters in Cyprus gather outside parliament as government officials try to strike a bailout deal with the European Union. NBCNews.com's Dara Brown reports.

By Michele Kambas and Lidia Kelly, Reuters

A solution to Cyprus' bailout crisis within the framework set down by the European Union may be possible within "the next few hours," the deputy leader of the island's ruling Democratic Rally party said on Friday.

"There is cautious optimism that in the next few hours we may be able to reach an agreed platform so parliament can approve these specific measures which will be consistent with the approach, the framework and the targets agreed at the last Eurogroup," Averof Neophytou told reporters.?

The lines at bank cash machines in Cyprus are growing longer and in some cases angrier. The European Central Bank has given the island's government until Monday to find its six billion euro share of the bailout or - it says - it'll pull the plug on the rest of the cash and banks will face collapse. The banks themselves remain closed. Faisal Islam of Channel Four Europe reports.

The news came hours after the Cypriot finance minister left Moscow empty-handed when Russia turned down appeals for aid, leaving the island to strike a bailout deal with the EU before Tuesday or face the collapse of its financial system.

The rebuff left Cyprus looking increasingly isolated, with the deadline looming to find billions of euros demanded by the EU in return for a 10 billion euro ($12.93 billion) bailout.

Without it, the European Central Bank said on Wednesday it would cut off emergency funds to the country's teetering banks, potentially pushing Cyprus out of Europe's single currency.

"The talks have ended as far as the Russian side is concerned," Russian Finance Minister Anton Siluanov told reporters after two days of crisis talks with his Cypriot counterpart, Michael Sarris.

Having angrily rejected a proposed levy on tax deposits in exchange for the EU bailout, Nicosia had turned to the Kremlin to renegotiate a loan deal, win more financing and lure Russian investors to cut-price Cypriot banks and gas reserves.

Wealthy Russians have billions of euros at stake in Cyprus's outsized and now crippled banking sector.

Banks are closed on Cyprus but the ATM's are still dispensing cash as the government tries to avert a financial crisis. NBCNews.com's Dara Brown reports.

But Siluanov said Russian investors were not interested in Cypriot gas and that the talks had ended without result.

Sarris was due to fly home, where lawmakers were preparing to debate measures proposed by the government to raise at least some of the 5.8 billion euros ($7.48 billion) required to clinch the EU bailout.

They included a "solidarity fund" bundling state assets, including future gas revenues and nationalized pension funds, as the basis for an emergency bond issue and likened by JP Morgan to "a national fire sale".

They were also considering a bank restructuring bill that officials said would see the country's second largest lender, Cyprus Popular Bank, split into good and bad assets, and a government call for the power to impose capital controls to stem a flood of funds leaving the island when banks reopen on Tuesday after a week-long shutdown.

'Playing with fire'
There was no silver bullet, however, and Cyprus's partners in the 17-nation currency bloc were growing increasingly unimpressed.

To help pay for the $13 billion European bailout, the government plans to take up to 10 percent from all savings accounts, angering those who say they aren't responsible for the economic crisis. CNBC's Sue Herera reports.

"I still believe we will get a settlement, but Cyprus is playing with fire," Volker Kauder, a leading conservative ally of German Chancellor Angela Merkel, told public television ARD.

There were long lines at ATMs on Thursday and angry scenes outside parliament, where hundreds of demonstrators gathered after rumors spread that Popular Bank would be closed down and its staff laid off.

"We have children studying abroad, and next month we need to send them money," protester Stalou Christodoulido said through tears. "We'll lose what money we had and saved for so many years if the bank goes down."

Cypriots have been stunned by the pace of the unfolding drama, having elected conservative President Nicos Anastasiades barely a month ago on a mandate to secure a bailout. News that the deal would involve a levy on bank deposits, even for smaller savers, outraged Cypriots, who raided cash machines last weekend.

Related:

EU to Cypriots: Let us raid your savings or no bailout

Cyprus bailout backlash poses little wider risk - for now

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Boys shoot infant in stroller in botched robbery, police say

BRUNSWICK, Ga. (AP) ? A Georgia mother says a young gunman opened fire on her baby as she pushed him in a stroller, wounding her and killing the 1-year-old boy.

Police gave few details at a Friday news conference about the investigation into Thursday morning's shooting in Brunswick.

The mother, Sherry West, told WAWS-TV that two boys approached her and demanded money Thursday morning. West said she tried shielding the child, Antonio, but the gunman shoved her and shot the baby in the head.

Based on the mother's description, police think the suspects were between 10 to 15 years old. Police were checking school attendance records for leads.

Brunswick police spokesman Todd Rhodes encouraged the public to call in any information that could lead to an arrest. There is a $10,000 reward.

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below.

A young boy opened fire on a woman pushing her baby in a stroller in a Georgia neighborhood, killing the 1-year-old boy and wounding the mother, police said.

The woman, Sherry West, told WAWS-TV that two boys approached her and demanded money Thursday morning. Brunswick Police Chief Tobe Green said the boys are thought to be between 10 and 15 years old.

West said she insisted she didn't have any money and tried to protect her son, Antonio, before shots rang out. She had been walking near her home in this coastal city about 80 miles south of Savannah.

"I put my arms over my baby and he shoves me, and then he shot my baby right in the head," West said.

West was shot in the leg.

"This is obviously a terrible day in Brunswick," Brunswick Mayor Bryan Thompson said. "Please call if you know something. You are complicit in this crime."

The boy's father, Louis Santiago, told the TV station he wishes he could have been there to protect his family.

"He was special," Santiago said. "He had the bluest, bluest eyes."

Officers from a SWAT team checked vacant houses as investigators tried to find possible witnesses. The Georgia Department of Natural Resources provided a helicopter to aid the search.

Police are offering a $10,000 reward for information leading to an arrest and conviction.

A sketch artist from the Georgia Bureau of Investigation was being sent to Brunswick to assist police with the case. Police in Brunswick are leading the investigation, but the GBI provided assistance by helping with the neighborhood search, GBI Special Agent Mike McDaniel said.

Source: http://news.yahoo.com/police-ga-infant-killed-while-pushed-stroller-110435853.html

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Cyprus' Plan B: What will happen if Moscow won't foot the bill?

Cypriot officials have now lingered in Moscow for a second day of talks regarding a potential bailout deal. Meanwhile, the government is also looking into internal options to drum up funds.

By Robert Marquand,?Staff writer / March 21, 2013

Cyprus? Central Bank chief Panicos Demetriades leaves after a meeting at the presidential palace in Nicosia Thursday. The European Central Bank says it will keep emergency aid for Cyprus' troubled banks in place at least until Monday, but will have to cut it off after that unless an international rescue program is drawn up.

Petros Karadjias/AP

Enlarge

The clock in Nicosia is ticking a lot louder: Tiny Cyprus has four days to come up with about 6 billion euros ($7.5 billion) or lose its current lender of last resort, the European Central Bank (ECB).

Skip to next paragraph Robert Marquand

Staff writer

Over the past three decades, Robert Marquand has reported on a wide variety of subjects for?The Christian Science Monitor, including American education reform,?the wars in the Balkans, the Supreme Court, South Asian politics, and the oft-cited "rise of China." In the past 15 years he has served as the Monitor's bureau chief in Paris, Beijing, and New Delhi.?

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Tensions and emotions are high after ECB officials declared on Thursday that Cyprus must guarantee a 10 billion euro ($13 billion) bailout by Monday or forfeit and presumably go into default, with unknown consequences for the eurozone economy and beyond.

Cypriot officials are scrambling to conjure new sources of revenue ? a so-called ?Plan B? ? including a look at pension fund leveraging and sales of offshore gas exploration prospects. The finance minister and energy minister have now lingered in Moscow for a second day of talks regarding a potential bailout deal with Russia.?

Cypriot banks will remain closed this weekend even as bankers there worry about huge outflows of capital next week if some kind of deal, whether with the European Union or Moscow, is not in the offing. (Reportedly Russian officials yesterday told their EU counterparts they would not add to a current 2.5 billion euro ($3 billion) loan to Cyprus.)?

Cypriot lawmakers vowed Thursday that they would not raise again the idea of a levy or tax on private accounts. However, EU and ECB authorities continue to state that available resources are so limited that the Cyprus parliament will need to revisit the issue, perhaps in a smaller percentage.

Meanwhile, Reuters notes, EU officials?continue to up the ante and put pressure on Cyprus. "I cannot rule out a Cyprus insolvency," Austrian Finance Minister Maria Fekter told the newspaper Oesterreich. "A euro exit would not achieve anything. Cyprus must act now."?

The ECB hard deadline comes a day after Cypriot lawmakers rejected the controversial EU terms of the bailout, engineered mysteriously last week, which require a ?tax? allowing Cypriot authorities to reach into the accounts of private bank deposits and withdraw some 10 percent of funds in accounts over 100,000 euros ($130,000) and about 7 percent in those under that figure.

The idea of such a tax brings mingled perplexity and outrage in many parts of the world, but especially in Russia, which uses Cyprus as an offshore tax haven.

The Washington Post calculates?that:

Deposits in Cyprus?s banks were seven times the size of its economy at the end of 2012, an unusual situation fostered by low taxes and reputation for lax regulation. Many European policymakers suspect it is a hub for Russian money laundering. Cypriot banks hold $88 billion in deposits, of which $49 billion is in the form of deposits over $129,000, according to analysts? estimates.?

The Christian Science Monitor reports?that Moscow is playing ?hardball? with the Cypriot finance minister in order to protect its massive stake in Cyprus' banking system.

According to official Russian figures, more than $114 billion has flowed into Russia since 2007 from Cyprus, almost all of it in the form of dividends paid by Cyprus-registered holding companies. Big Russian firms, including most metals giants, the state-owned banks Sberbank and VTB, and the independent gas producer Novatek all have important holdings in Cyprus.

"The price of crisis in Cyprus is very high for Russia," says Igor Nikolayev, director of strategic planning for one of Russia's leading auditing firms.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/yndX9MZ1HYg/Cyprus-Plan-B-What-will-happen-if-Moscow-won-t-foot-the-bill

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Friday, March 22, 2013

Mobile Rewards Startup Kiip Launches Its Second $100K ?Build Fund' With Sponsorship From Pepsi

kiip logoA year ago, Kiip ran a "Build Fund" contest for independent developers, offering $100,000 in prizes. Founder and CEO Brian Wong told me recently that the fund was supposed to be a one-off promotion, but that enough developers had asked if he was going to do it again that, indeed, he's doing it again. Just like last year, Wong is looking for the best developers of apps that integrate with Kiip's mobile rewards system, where users receive prizes from advertisers when they achieve certain goals in an app. There are, however, a couple of changes this time around. For one thing, there are only going to be 10 winners this year, not 20, which means that there's more prize money for each developer ? $10,000 in cash, plus $5,000 in services from partners like Parse, Urban Airship, Amazon Web Services, Crittercism, and Localytics.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/__su1n5R94Y/

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SummerSlam 2013 travel packages ? Terms & Conditions

TERMS & CONDITIONS ??please read carefully.

SummerSlam Travel Packages are quoted, and payable, in United States Dollars (USD). Orders will be processed immediately upon receipt. Payment in full is due upon receipt. All monies processed are non-refundable once payments have been approved. SummerSlam Travel Package quantities are limited and orders will be processed until sold out. Once SummerSlam Travel Packages are sold out, orders will no longer be accepted. SummerSlam Travel Packages are available for purchase to both domestic and international customers. The per-person prices advertised within the SummerSlam Travel Packages include all taxes plus shipping and handling charges with the exception of any additional shipping fees associated with FedEx; such as customs or duty fees, usually applied to international shipments.

SummerSlam Travel Packages are confirmed on a first-come, first-served basis. The assignment of the seat locations will be determined by the date that payment is approved, not based upon the date that order was submitted. The specific location of the seat assignments will not be available prior to the shipment of the SummerSlam Travel Packages.

Orders must contain a main traveler that will be the primary contact for each order. The main traveler must be 18 years of age or older. The SummerSlam Travel Packages will be confirmed in the main traveler?s name. The hotel reservation will be confirmed in the main traveler?s name. All information will be communicated via email directly to the main traveler. Once payment has been approved, the main traveler will receive an email confirmation. It is very important that the main traveler review all the information on the email confirmation and to advise if any information is incorrect; such as package type or shipping address. If the main traveler does not receive any type of email notification, it is recommended that an email is sent to travel.packages@wwe.com to check on the status of such order.

A $150 processing fee will be applied to all change requests received between June 20, 2013, and Aug. 9, 2013.? Change requests include changes to main traveler?s name, shipping address, telephone and email contact; as well as, changes to hotel reservation name. Change requests will not be accepted after Aug. 9, 2013. Main traveler must email all change requests to travel.packages@wwe.com; at such time, main traveler will be provided with a payment link for the processing fee. Once PayPal has confirmed the processing fee payment, the main traveler will be notified that the change request has been approved.

As all SummerSlam Travel Packages are non-refundable, travel insurance is recommended in case of cancellation due to various reasons; such as, employer termination, family emergency, personal illness, etc. Please contact a travel insurance provider for further details and price quotes. The other option in case of cancellation is to transfer the SummerSlam Travel Package to someone who also agrees and understands the same terms and conditions stated herein. A $150 processing fee will apply if transfer is requested between June 20, 2013, and Aug. 9, 2013. The main traveler must submit a written request for the transfer of the Summerslam Travel Package. Request must include the full name, mailing address and email contact of the new main traveler. SummerSlam Travel Packages and WWE will not be involved in any discussions and/or decisions made between the present main traveler and the new main traveler. The previous main traveler will be responsible for providing the new main traveler with all the information received to date pertaining to the SummerSlam Travel Package, including the confirmation letter received by email. Once the new main traveler has been confirmed, the previous main traveler will no longer receive any information pertaining to the SummerSlam Travel Packages. If the SummerSlam Travel Package has already been shipped, it is the responsibility of the previous main traveler to successfully ship the package to the new main traveler; as well as, pay all expenses pertaining to such shipment.

For more information, please visit wwe.com/travelpackages or email travel.packages@wwe.com or call 203-359-5182.

SummerSlam Travel Packages without hotel accommodations are not available. Three night hotel accommodations will be confirmed at the Omni Los Angeles Hotel with check in on Friday, Aug. 16, 2013, and check out on Monday, Aug. 19, 2013. Each SummerSlam Travel Package can accommodate up to four people sharing one standard hotel room with maximum two-beds per room. Single Occupancy rooms will be automatically confirmed with one bed. Triple Occupancy and Quad Occupancy rooms will be automatically confirmed with two beds. Double Occupancy rooms will have a choice of requesting one bed or two beds, keeping in mind that it is a request not a guarantee of bedding. The hotels will only guarantee the bedding upon check in. Reservations for additional nights or additional rooms must be requested separately by the main traveler contacting the hotel directly. The hotel will confirm the separate reservations based on availability and charged at the regular hotel rate. The recommended local airport is Los Angeles International Airport (LAX).

SummerSlam Travel Package?Platinum Package buyers will be responsible for transporting their collectible SummerSlam chair back to their hometown, including any expenses that may arise from such transport. The SummerSlam chairs are the standard size of a metal folding chair. Unless noted within the Summerslam Travel Package description, the following are not included in the packages: airline tickets, airport transfers, ground transportation, food or drinks. SummerSlam Travel Packages and WWE are not responsible for weather or mechanical delays impacting the weekend events.

SummerSlam Travel Packages, including event tickets, will be shipped via FedEx to the main traveler four weeks (approximate timeframe) prior to the SummerSlam weekend. SummerSlam Travel Packages will NOT be shipped earlier than four weeks. The main traveler will be responsible for providing a current shipping address where FedEx can deliver the SummerSlam Travel Package. Someone must be available at the shipping address provided by the main traveler to accept the FedEx shipment. Person accepting package must be 21 years of age or older. If someone is not available, the FedEx shipment will not be delivered. Upon receipt of package, main traveler takes full responsibility of all contents within package. Contents will not be replaced, duplicated or reissued if lost, forgotten or stolen. Main traveler will be responsible for distributing tickets to each guest within group.

SummerSlam Travel Packages and WWE will not be held accountable if any individual provides false information; such as date of birth. False information will result in denied entrance into all SummerSlam Travel Package events with no compensation; as well as, cancellation of hotel reservations with no compensation. During any SummerSlam Travel Package events, if an individual engages in behavior that is threatening, illegal or intended to harass, abuse or harm any other person, SummerSlam Travel Packages and WWE reserves the right to remove such individual with no compensation.

The seating locations described within the SummerSlam Travel Packages are subject to change without notice.? Partial refunds will be issued if the ticket value decreases. In regards to wheelchair accessible seating, the venue has not yet confirmed these specific locations. If you require seating in such locations, please indicate the request with your order. If such seating is not available within the seating location described in your package, you will be notified by email. An alternative location will be recommended. You will have the opportunity to accept or decline the alternative location. If the alternative location is accepted, a charge or refund will be issued to reflect the difference in ticket value of the alternative location. If the alternative location is declined, a refund will be issued that reflects the total amount of the original ticket value.

SummerSlam Travel Packages and WWE reserve the right to modify or cancel the SummerSlam Travel Packages in any way it deems necessary or appropriate. Main travelers will be notified of such changes. The main traveler will be responsible for providing this information to guests within group. If any portions of the SummerSlam Travel Packages are modified, the modifications will be equal in value and refunds will not be issued. If SummerSlam Travel Packages are canceled, a full refund will be issued.

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Source: http://www.wwe.com/shows/summerslam/2013/travel-packages-terms

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