Weekend Plans With WNBA Sky's Michael Alter Ratner Confident In Isles Playing In Nassau Anticipation High For Griner's WNBA Debut ABC Looking For Indy 500 Ratings Uptick EA Used Tebow Name In NCAA Game Classified Advertisements Executive Transactions Mohegan Sun Not Getting NCAA Tourney Games Roc Nation Sports A "Legitimate Threat" Wild Raise Season-Ticket Prices
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CONGRESS HOLDS HEARINGS ON TICKETMASTER
Yesterday, the House Subcommittee on Transportation and Hazardous Material began hearings on "a bill mandating that the public be fully informed of any charges tacked onto an event ticket" through advertising disclaimers. But, according to Richard Leiby in this morning's WASHINGTON POST, "the Ticket Fee Disclosure Act, introduced by powerful Michigan Democrat John Dingell, seems more like a scripted piece of political bluster than an actual blow against the allegedly monopolistic practices of the Ticketmaster empire." Ticketmaster apparently supports the legislation, and says "it already divulges its service fees" in telephone scripts and on tickets. Ned Goldstein, Ticketmaster VP: "We feel the consumer has the right to the information." Bill Wood of the U.S. Public Interest Research Group: "Disclosing to someone that you are extorting them does not solve the problem of extortion." According to Goldstein, Ticketmaster "only makes a time on each ticket it handles" (Richard Leiby, WASHINGTON POST, 9/30).
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DECEMBER MADNESS IN TORONTO
Maple Leaf Gardens will host a regular season NCAA basketball game between Georgetown and Memphis State on December 10. Mary Ann Kim of Del Wilber & Associates (DWA), which is organizing the event: "We decided on Georgetown because they were ranked among the top three NCAA teams in the Toronto area in terms of recognition. Georgetown's merchandise outsells that of other schools 3-to-1" (Craig Daniels, TORONTO SUN, 9/30). DWA President Peter Allemang: "Basketball is close to being the prestige sport in high school here" (Jim Byers, TORONTO STAR, 9/30).
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DISNEY'S VIRGINIA: THE DAY AFTER
Disney's recent surprise decision to abandon Manassas, VA, as the site of Disney's America was based largely on the recognition that the company's "family-friendly image was being threatened by environmentalists, historians, and community leaders." Disney Board Member, Robert A.M. Stern: "There's a lot of money going into Disney's America and when you invest that much in a project, the image of people standing around with picket signs on the day you open doesn't sit well." The board, led by Disney Chair Michael Eisner, reached the decision unanimously "after less than an hour's debate" (Spayd & Farhi, WASHINGTON POST, 9/30). PRAISE FOR EISNER: Richard Moe, president of the National Trust for Historic Preservation and an opponent to the project, characterized Disney as "patriots" for their decision. Moe: "It's never easy for a company to reverse its position on such a highly visible issue. It's a sign of great courage on Michael Eisner's part to do this and I commend him for it" (WASHINGTON POST, 9/30). -
MARKETPLACE ROUND-UP
Citing "pockmarked putting greens," many country clubs are considering banning metal spikes. But golfers and golf-shoe makers aren't happy. Still, McNeil Engineering, one spiked and cleated shoe maker in MA, "is rushing more turf-friendly shoes to market" (WALL STREET JOURNAL, 9/30).... Ronald McDonald Children's Charities announced it is dropping the Michael Jordan/RMCC Classic, held in Chicago the past two summers, because Jordan's baseball commitment will not allow him to participate (CHICAGO SUN-TIMES, 9/30)....Anheuser-Busch begin distribution Monday of its first "red beer," Red Wolf Lager (N.Y. TIMES, 9/30).
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TETRA STAYS ON SOLID GROUND IN THE SHOW ME STATE
Tetra Plastics Inc., which developed the plastic "Airsole" for Nike and is a supplier to K2 Snow Ski Inc., has announced that it will build a 220,000-square-foot plant at the Missouri Research Park and expand its R&D department. The company was flooded out last year and "had plenty of reason to join Nike" in Oregon, but "incentives from Missouri's Department of Economic Development were crucial to Tetra's decision" to stay in Missouri. State aid included $263,000 in investment and job creation task credits, and $750,000 to build a new highway interchange. The company will also save $600,000 in utility charges over five years, and is exempt from real estate taxes. Tetra expects sales of $37M this year and "has 23 new products under development just for Nike, which accounts for 55 percent of the company's sales" (Fred Faust, ST. LOUIS POST DISPATCH, 9/30).




