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Arts & Entertainment, etc.

2008 Verizon season likely as venue lures no buyer

Many people expected the 2007 season to be the swan song for Verizon Wireless Music Center after venue owner Live Nation put the the popular amphitheater on the block in December. But no acceptable offers have been received, and several local brokers say the unofficial asking price of more than $40 million is outrageous.
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Jazz Fest ditches Ticketmaster

Two weeks before the annual Jazz Fest begins, donations and corporate sponsorships are running about $150,000 short of the $1.3 million budget. So organizers are aiming to boost ticket sales by eliminating the $8.50 Ticketmaster fee.
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Racinos may push gambling's limits

During their first half-decade in operation, the state's casino slots machines grew their total sales to $22 billion, according to Indiana Gaming Commission records. But in the last five years, slot sales grew just 18 percent, reaching $25.9 billion in 2006. That's what business textbooks call a maturing market.
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Museum seeks leader to stem attendance slide

The new Indiana State Museum building--a 230,000-square-foot study in glass, steel and limestone--opened in 2002 to blockbuster attendance, with nearly 260,000 of its 614,000 total visitors checking out the exhibits. Fast forward to its five-year anniversary and the news isn't so rosy.
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IU alum selling rare Neiman collection

Indianapolis businessman Barton Kaufman is auctioning off 26 paintings by notable New York artist LeRoy Neiman. Kaufman plans to donate the money to Indiana University, where he earned an undergraduate degree in 1962 and law degree in 1965.
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Storied luxury Canterbury hotel may sell

The stately 12-story Canterbury Hotel could use a renovation, hospitality analysts say, to restore some luster and help it take on more modern competitors. Such an overhaul might be on the way, along with new owners for the independent boutique hotel at 123 S. Illinois St.
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Carmel to get $30M Renaissance hotel

A prestigious, full-service hotel soon will complement Carmel's booming office market along North Meridian Street. A Cincinnati developer broke ground this month on a roughly $30 million Renaissance hotel with 263 rooms and 14,000 square feet of meeting space.
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