Last week: Madison Square Garden Co. said it is paying $125 million to create a new joint venture with artist management giant Irving Azoff. The new partnership will manage artists, develop digital media, produce television, and own music-publishing rights. This is the latest partnership aimed at creating vertical integration strategies for recording artists in a quickly evolving industry.
Looking ahead: The International Olympic Committee will announce the host city for the 2020 Summer Olympics. Finalists are Istanbul, Madrid and Tokyo.
Last week: Jeff Bezos’ purchase of the Washington Post. He has guided literature into the digital age, but only in terms of distribution. What will he do with journalism? He will have more direct influence on the content in this case. He is a visionary with a long-term view and desire to positively impact society. This is a good place to start. Let's see what happens!
Looking ahead: Facebook appears to have a new product up its sleeve that it will unveil next week. Anything this company does in terms of new product can have a ripple effect throughout the world.
Last week’s headline: The U.N. Security Council is trying a new tack, deploying 3,000 troops to the Democratic Republic of Congo to fight the rebels that have been wreaking havoc in that country. This is the first time that the U.N. will send its own troops into battle. In the past the Security Council has authorized the use of “all necessary force,” but has delegated the fighting to willing nations. All members of the Security Council approved this mandate, including China and Russia.
June 16, 2013
Last Week: According to USA Today, Sunday's CBS broadcast was up 20% in viewers and young adults compared to last year.
The CBS broadcast, which was hosted by Neil Patrick Harris, attracted 7.2 million viewers, a 20% audience spike from 2012, according to preliminary Nielsen ratings. It marks the awards show's best showing since 2009.
The three-hour show also enjoyed a year-to-year 20% boost among advertiser-coveted young adults (18-to-49).
Why is this important?
The Broward Center for the Performing Arts has the largest Broadway Series in the State of Florida. With the popularity of Broadway on the rise it can only mean good things for our local economy.Gains in the 18-49 audience means that Broadway is maintaining generational relevance with blockbuster new shows like Book of Mormon (Coming to the Broward Center in November!) and Broward County will be attractive to those 18-49 year olds. This will enhance our ability to draw this important demographic to Broward County."
Looking Ahead: No response.