Author: Staff
Date: June 27,2007

marketing executive Eric Bresler has joined AEG as vice president,
Event Booking and Development. Based in Los Angeles in the
organization’s downtown headquarters, Bresler will coordinate
bookings, track venue availabilities, and manage an overall event
database for all of the venues booked and managed by AEG
Facilities. In the newly created position, Bresler, who spent the
last eight years as vice president, Arena Bookings and Marketing
for Miami’s American Airlines Arena, will also represent the
division in negotiating block bookings and other transactions with
promoters as well as event producers and planners. “It allows me to
network with the entire industry,” Bresler said. Jared Diamond was
named vice president of event services and bookings for the Miami
building. Contact: Eric Bresler, (213) 453-8665SMG'S PRICE IS RIGHT
REVEALEDAmerican Capital, Bethesda, Md., released the purchase
price for SMG – $631 million. American Capital Strategies and an
affiliate invested that amount in a One Stop Buyout.Contact: Pankaj
John's and Live Nation announced a multi-year sponsorship and
marketing agreement.
Under the agreement, Papa John's is
designated the “Official Pizza of Live Nation,” with its product to
be sold in up to 24 Live Nation outdoor concert amphitheaters this
year and 11 additional venues expected to be added over the next
three years. The agreement also calls for joint marketing and
promotional efforts, including the in-venue distribution of
promotional materials and online marketing initiatives by the two
brands. Contact: John Vlautin, (310) 867-7000PACKERS POST A HEFTY
PROFITThe Green Bay Packers’ posted a profit of $22 million
last fiscal year — an increase of $4 million —
according to data released by the team and reported in the media.
The Packers reported revenue of $218 million — an increase of
4.6 percent from $208.4 million — in the fiscal year that
ended March 31. The team continued its longstanding goal of saving
enough money to have a year’s worth of funds in reserve. The
Packers added $10 million to their franchise preservation fund,
upping the balance to $125.5 million. Along with the increase in
revenue, another reason for the improved profit was a decrease in
on-the-field costs. While player salaries and bonuses increased
almost $8 million to $110.7 million, other football expenses fell
from $33.7 million to $17.7 million. Overall, operating expenses
dipped from $187.4 million to $183.8 million. Of that, $128.4
million went toward the players, coaches, scouts, front-office
personnel and other expenses like travel and equipment. An increase
in national revenue also helped.Contact: Jeff Blumb, (920)
companies have expressed official interest in building a hotel
along with the Wilmington (N.C.) Convention Center, following
Armada Hoffler’s pull out. The city will interview the
prospective hotel developers and a final choice could go before the
city council for a vote Aug. 7. SMG will operate the convention
center (VT, June 13 e-newsletter).Contact: Steve Bridges, (910)
341-7830LIVE NATION DROPPING KANSAS SHEDLive Nation has announced
it will not renew its lease to manage Verizon Wireless
Amphitheater, Bonner Springs, Kansas, after the contract expires
Dec. 31. The announcement does not effect this season. Live Nation
has managed the venue since early 2006.Contact: John Vlautin, (310)
867-7000ACM ANNOUNCES NEW MARKETING TEAMThe Academy of Country
Music announced that Lisa Lee and Brooke Primero have joined the
staff, forming a new in-house marketing, publicity and creative
team. Lee is now senior director of Creative Development, reporting
to Academy executive director, Bob Romeo. Primero, also reporting
to Romeo, is senior director of Publicity & Marketing.Contact:
Lisa Lee, (818) 788-8000