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Scott Olson
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Lou Harry
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The Score
Anthony Schoettle
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Andrea Muirragui Davis
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The Dose
J.K. Wall
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Recent Blog Posts

Marty's party over in IRL

Cory Schouten
October 21, 2008
Comments(4)
It’s official, kind of. Marty’s party in the Indy Racing League is over. Sources have told IBJ that IRL officials have asked driver and team owner Marty Roth (through intermediaries) to explore other options...
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High school musical memories

Bruce Hetrick
October 20, 2008
Comments(8)
Between the upcoming release of Disney's "High School Musical 3" in theaters--as both an arts journalist and the father of teenage girls, I know a lot about HSM--and my kid's own real life high school musical (Pike High School's production...
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IU eyeing Oregon State AD

Cory Schouten
October 20, 2008
Comments(8)
Indiana University may have a shorter list than expected for its soon-to-be-open athletic director position. The Oregonian is reporting that Oregon State University athletic director Bob De Carolis could be offered the job...
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You-review-it Monday

Bruce Hetrick
October 19, 2008
Comments(4)
Truly moved by anything at the Heartland Film Festival? Catch Dance Kaleidoscope's season opener? Visit a haunted house or, like me, were you part of the jury at the trial at the Benjamin Harrison Home? So what did you get to...
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Sears departure stings mall

Cory Schouten
October 17, 2008
Comments(30)
The decision by Sears Holding Co. to close its store at Lafayette Square Mall could deal a serious blow to efforts by a New York...
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IRL title sponsor hunt loses power

Cory Schouten
October 17, 2008
Comments(17)
The Indy Racing League’s drive for a title sponsor has hit the wall. “The economy is having a huge impact,” said Zak Brown, president of Just Marketing International, the local firm the IRL hired...
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Review: 'Striped Pajamas'

Bruce Hetrick
October 16, 2008
Comments(2)
The Heartland Film Festival kicks off tonight with the North American premiere (which I incorrectly stated was a World Premiere in my weekly e-mail) of "The Boy in the Striped Pajamas." Landing a major studio premiere is a coup for Heartland...
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Pre-season is fan base indicator

Cory Schouten
October 16, 2008
Comments(3)
For those who say the pre-season means nothing, I disagree. It’s a good indicator of a team’s fan base. While I didn’t expect the Indiana Pacers to draw hordes of fans for its...
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  1. Cramer agrees...says don't buy it and sell it if you own it! Their "pay to play" cost is this issue. As long as they charge customers, they never will attain the critical mass needed to be a successful on company...Jim Cramer quote.

  2. My responses to some of the comments would include the following: 1. Our offer which included the forgiveness of debt (this is an immediate forgiveness and is not "spread over many years")represents debt that due to a reduction of interest rates in the economy arguably represents consideration together with the cash component of our offer that exceeds the $2.1 million apparently offered by another party. 2. The previous $2.1 million cash offer that was turned down by the CRC would have netted the CRC substantially less than $2.1 million. As a result even in hindsight the CRC was wise in turning down that offer. 3. With regard to "concerned Carmelite's" discussion of the previous financing Pedcor gave up $16.5 million in City debt in addition to the conveyance of the garage (appraised at $13 million)in exchange for the $22.5 million cash and debt obligations. The local media never discussed the $16.5 million in debt that we gave up which would show that we gave $29.5 million in value for the $23.5 million. 4.Pedcor would have been much happier if Brian was still operating his Deli and only made this offer as we believe that we can redevelop the building into something that will be better for the City and City Center where both Pedcor the citizens of Carmel have a large investment. Bruce Cordingley, President, Pedcor

  3. I've been looking for news on Corner Bakery, too, but there doesn't seem to be any info out there. I prefer them over Panera and Paradise so can't wait to see where they'll be!

  4. WGN actually is two channels: 1. WGN Chicago, seen only in Chicago (and parts of Canada) - this station is one of the flagship CW affiliates. 2. WGN America - a nationwide cable channel that doesn't carry any CW programming, and doesn't have local affiliates. (In addition, as WGN is owned by Tribune, just like WTTV, WTTK, and WXIN, I can't imagine they would do anything to help WISH.) In Indianapolis, CW programming is already seen on WTTV 4 and WTTK 29, and when CBS takes over those stations' main channels, the CW will move to a sub channel, such as 4.2 or 4.3 and 29.2 or 29.3. TBS is only a cable channel these days and does not affiliate with local stations. WISH could move the MyNetwork affiliation from WNDY 23 to WISH 8, but I am beginning to think they may prefer to put together their own lineup of syndicated programming instead. While much of it would be "reruns" from broadcast or cable, that's pretty much what the MyNetwork does these days anyway. So since WISH has the choice, they may want to customize their lineup by choosing programs that they feel will garner better ratings in this market.

  5. The Pedcor debt is from the CRC paying ~$23M for the Pedcor's parking garage at City Center that is apprased at $13M. Why did we pay over the top money for a private businesses parking? What did we get out of it? Pedcor got free parking for their apartment and business tenants. Pedcor now gets another building for free that taxpayers have ~$3M tied up in. This is NOT a win win for taxpayers. It is just a win for Pedcor who contributes heavily to the Friends of Jim Brainard. The campaign reports are on the Hamilton County website. http://www2.hamiltoncounty.in.gov/publicdocs/Campaign%20Finance%20Images/defaultfiles.asp?ARG1=Campaign Finance Images&ARG2=/Brainard, Jim

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