Word: ticketing
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...Industries that rely on sales of costly tickets for one-night entertainments, like sporting events, live music and theater, may not be so lucky. Broadway producers anticipating a rough 2009 are pulling the plug on big shows like Legally Blonde and Hairspray, and new shows are having trouble finding backers. In the concert world, "everybody's nervous," says Gary Bongiovanni, editor-in-chief of the trade magazine Pollstar. "It defies logic to think people worried about losing their houses are going to buy three-figure concert tickets." Music agents and managers are cautioning their clients to think small...
...strong revenue growth that baseball, football and basketball have enjoyed throughout the decade is clearly in jeopardy. After baseball crowns either the Phillies or the Tampa Bay Rays as world champions this month, its offseason will test the resilience of the sports economy. Will ticket purchases for 2009 drop? And will free agents command the same salaries? Legends like Los Angeles Dodgers outfielder Manny Ramirez, the prime catch in the free-agent market, will always break the bank. But don't expect those left-handed middle relievers to score the same ludicrous contracts as in recent years. "Player salaries...
...food, they'd be pulled off the shelves--has gotten Childers some second looks from fed-up voters. Jim Lyons, a Republican whose trucking business is on the brink of failure, said after meeting Childers at a diner in tiny Mathiston that he's done with straight-ticket voting. "People are sick to death of all the incompetence and corruption in Washington," he said...
Entering the endgame of a presidential election, gloves come off and campaigns often resort to less-than-honorable tactics to energize supports or sow doubt among an opponent’s potential voters. The McCain-Palin ticket has epitomized this fourth-quarter retreat into murky tactics, for example, with its use of Barack Obama’s middle name, Hussein, as political ammunition. Appealing to the worst of voters’ prejudices, such tactics are particularly fiendish for their ability to degrade even those who speak out against them. A friend of mine, stalwart of the Republican information network that...
Sarah Palin has proved to be the more volatile of the two vice-presidential candidates, with 40 percent saying that the choice made them less likely to support the Republican ticket. Twenty-five percent said that McCain’s choice of Palin made them more likely to vote for the Arizona senator. On the other hand, 60 percent of those surveyed said that Obama’s choice of Joe Biden made no difference in their voting behavior...