Friday, October 23, 2009

Is L.A. Stalking Your NFL Team?

If you're a fan of the Buffalo Bills, Jacksonville Jaguars, Minnesota Vikings, St. Louis Rams, San Diego Chargers, Oakland Raiders or San Francisco 49ers you'd better beware. Your team is in the cross hairs of Majestic Realty Company. Majestic just got the okay from Governor Arnold Schwarzenegger of California to build a new NFL football stadium in L.A. These teams are targets because they are all "in stadiums that need updating, have few pricey box seats and lack other revenue sources" according to Ed Roski, chief executive of Majestic. And Majestic isn't wasting any time. They plan to seek a team for L.A. as soon as February 2010.

Majestic Realty Company also helped develop the Staples Center, home of the NBA Lakers and Clippers and the NHL Kings. Stadium advocates say that a new NFL stadium in L.A. will bring 18,000 jobs and over $320 million in salaries for local workers. Read More

Wednesday, October 21, 2009

In the NFL: There's no Place Like Dome?

"The key to success in the National Football League so far this season isn't a soft schedule, a genius coach or a high-octane pass rush. It's a roof." So say Darren Everson and David Biderman of the Wall Street Journal. Is it true? The Detroit Lions play in a dome and we all know what life has been like for them the last few years. So do the New York Giants, Minnesota Vikings, New Orleans Saints and the Indianapolis Colts...all teams that seem to have it together. As Everson and Biderman say, "In the history of the NFL, dome teams, when they get the formula right, have been almost impossible to stop." Read Article


Tuesday, October 20, 2009

Ticketmaster + Livenation Merger

Here is a great article that effects the ticket industry and thus the venue industry. If Ticketmaster merges with Live Nation they will then sell tickets to venues and manage venues. The Live Nation + Ticketmaster merger would create a company with control over each step of the event going process... tickets, fan websites, artist management, venue management etc. Is this a merger that could hurt the fans or the consumers of these products? Read the article (link below) and let us know what you think... Read Article