ISO reports smaller deficit, bigger endowment

The parent organization of the Indianapolis Symphony Orchestra said its expenses exceeded revenue by $1.7 million on a budget of $25.6 million for the 2010-2011 fiscal year. The deficit was $1 million less than a year ago, while the ISO endowment grew by $5.5 million.

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Verizon Wireless Center getting new name

Outdoor amphitheater Verizon Wireless Center in Noblesville will be renamed Klipsch Music Center under a new sponsorship agreement between speaker manufacturer Klipsch Group Inc. and venue owner Live Nation Entertainment.

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Elaborate outdoor concerts amp up safety concerns

As the multi-billion-dollar outdoor concert business has evolved from little more than shows under a canopied stage to productions featuring up to 20 tons of lighting and video equipment, experts point to the Indiana State Fair's fatal stage collapse as evidence of the necessity for caution — and regulation.

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