After record election revenues, TV ad income may hit 10-year low
With the economic swoon and no political ad campaigns in 2009, TV ad revenue could hit a 10-year low next year.
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Reader suggests IBJ journalists probe officials’ assertions
The airport authority should not assume a 3-percent growth rate because of the new airport, and the FFA Convention was not
as wildly successful as reported. Mayor Peterson shouldn’t be held out as a good example of a mayor who supports public transportation.FFA benefits city
The FFA brought vitality and $40 million to Indianapolis’ economy during its recent convention here.
City prepares to compete for mega-conventions, risks losing small events
Over the years, the city has made a name for itself by hosting a handful of large conventions and a bevy of small and midsize
gatherings. But as companies and other organizations tighten their belts, the number of conventions
held nationwide is expected to shrink in the months ahead.VOICES FROM THE INDUSTRY: Delays to development projects cost everybody money
Here’s a common scenario: A developer gets approval on zoning and planning permits to build a business on a piece of property. The business has signed an agreement to either lease or buy the building once it’s completed. The owner of the business then begins making plans to open the new facility. The developer, meanwhile, goes to work to prepare the property for construction, which includes everything from figuring out the utilities, access road, curbs, sidewalks and landscaping. Working with…
RETURN ON TECHNOLOGY: Web conferences have come a long way, baby
I can change my mind. It’s painful, like yanking off my right arm for a slightly upgraded replacement. But it happens. For a long time, I resisted holding Web conferences. As the name implies, Web conferences are held over the Web, rather than in person. For years, most of the ones I’d been in were videoconferences with grainy, slowly updated images of talking heads where it was difficult even to know who was speaking. I didn’t like the document-centric online…
SPORTS: Tony Dungy is much more than a football coach
Of this, that and the other: It was my pleasure to co-moderate (with IBJ’s Anthony Schoettle) last week’s IBJ “Power Breakfast” featuring Indianapolis Colts coach Tony Dungy. This was the third year I’d shared the stage with Dungy, the Super Bowl-winning coach who most of us know by now is also a best-selling author, a man of deep faith, and a committed social activist, the latter best exemplified by his involvement with his mentoring program, All-Pro Dads. A Westin Hotel…
Pipeline could fuel Shelbyville economy
Pipeline could fuel Shelbyville economy Shelbyville retailers, hoteliers and entertainment venues should get a boost for the next year from 400 construction workers who will move to town to help build the Rockies Express natural gas pipeline through Indiana. The workers started flowing in last month and will make Shelbyville their home until mid- to […]
Hot Shotz takes over Bennigan’s
A closed Bennigan’s restaurant in Fishers is now home to Hot Shotz. The local restaurant’s previous location, near 96th Street and Gray Road, was destroyed in a fire on June 28. The new…
Super Bowl group hires Sports Corp. official as CEO
The woman chosen as president and CEO of the city’s Super Bowl host committee isn’t exactly a household name, but those who hired her think she’ll make Indianapolis the best host city ever. Allison Melangton, 46, is the first paid member of the 2012 Indianapolis Super Bowl Host Committee, and is expected to throw planning and organization into overdrive over the next 30 days.
Greenwood company hits it out of the park: Big League Tours tripled its revenue this year
While most Major League Baseball fans are focused on this year’s playoffs, local entrepreneur Glenn Dunlap is already thinking about next year. Dunlap formed Greenwood-based Big League Tours in 2006, offering group trips to big-league baseball games and other related attractions. One such trip took swings through games at Fenway Park in Boston, Yankee Stadium in New York, and the baseball Hall of Fame in Cooperstown, N.Y. Other trips hit fabled ballparks in Chicago, St. Louis, Milwaukee and San Francisco….
Credit mess puts Ralston on hold
A $60 million project slated for South Street between Meridian and Pennsylvania streets is on hold until credit markets return to some semblance of normal, the developer…
THE TRAVELING LIFE: Walking-and dancing and dreaming-in Memphis
In past columns, I have written about travel to far away places, but there are plenty of discoveries to be made and interesting sights to be seen in cities closer to home. Our recent four-day trip to Memphis is a case in point. We made the obligatory stop at Graceland, where the tagline on all their brochures and ads says, “Where Elvis lives.” Interesting, but we were more intrigued by Sun Studios, where the story really began. That’s where the…
VIEWPOINT: Think you can move fast? Look at China
This month, I am making my 50th trip to China. My first trip was in 1995 to identify a possible Chinese partner for a manufacturing joint venture in Nantong. When the potential partner honored me by serving a coiled snake as one of the main dishes, I thought, “What am I doing here?” But that’s what change is all about-delving into the unfamiliar. Four years later, we had found a trusted partner, signed a joint venture agreement, located the proper…
Herb Simon moves team to Reno
The Tucson Sidewinders are getting a new name and address. The AAA affiliate of the Arizona Diamondbacks next year will be the Reno Aces.
Indiana Pacers co-owner Herb Simon is an equal partner in…
Colts: Getting a stadium 101
Before the Indianapolis Colts beat the Minnesota Vikings on the field Sept. 14, they were schooling them off the field.
Vikings owner Zygi Wilf and his top lieutenants spent two days the week before…
SPORTS: Time to deflate that which inflated city’s image
Last week’s column looked ahead to the limitless possibilities of Lucas Oil Stadium. This week’s topic is a last look back at the Hoosier/RCA Dome because, this Wednesday, the Dome will be deflated and it will pass forever from our skyline. But not from our memories. Imagine our city without it. There would be no Indianapolis Colts. There likely would be no forthcoming Super Bowl, no Final Fours and no NCAA headquarters. There likely would have been no Pan American…
Tough economy touching all industries, but some are hurting more than others
Stock markets are falling, jobs are disappearing, and the outlook for the economy seems grim. Banks, real estate developers,
retailers and manufacturers are taking the worst hits, but all types of businesses in central Indiana are hurting. From health
care to technology, education to philanthropy, every industry is trying to take the setbacks in stride.Forbes: Cook still richest Hoosier
Bloomington billionaire Bill Cook placed 68th on this year’s Forbes 400 list of the richest Americans, the same rank he held last year, retaining his spot as the wealthiest Indiana resident. However, Cook needed $500 million more to keep the placing. Last year, the 77-year-old had $4.5 billion; this year he hit $5 billion. Cook […]
Financing for new Centaur casino collapses
A consortium of financiers led by Credit Suisse has turned down an attempt by Centaur LLC to build a $455 million harness race track near Pittsburgh, the company announced yesterday. Centaur said it has immediately begun seeking an investment bank to help it move ahead with the $445 million project, called Valley View Downs. “We […]