Local

Now that the Huber Heights music center is a done deal, the DDN does some real reporting showing how these businesses tend to lose money. Previously they were non-committal on competition. Now they report,

"The $18 million Huber Heights music center will create an even more competitive market in a region saturated with entertainment venues, local and national experts say."
"“If I’m John Doe and I’ve got $400 to spend on entertainment at two facilities within 20 minutes, I’d look at both facilities and see where I want to go,” Schwieterman said. “But it’s not just about the Fraze and Huber Heights. There are a lot of venues in this region competing for entertainment dollars.”"

Previously they reported the city had allocated $1 million for property. Now they report,

"A recent $2.31 million property acquisition from Meijer will accommodate the Huber Heights music center and GoodSports Enterprises’ $22 million fieldhouse. Both will be built along the south side of Executive Boulevard, west of Meijer near the Interstate 70 and Ohio 201 interchange."

And they report on how rarely the Nutter Center and the Fraze make a profit.

"The Nutter Center hosts about 220 events per year, and the last two fiscal years have resulted in a minor profit for the Nutter Center, Brown said. In previous years, it has been in the red."
"The Fraze lost money in 17 of its previous 22 years of operation and had to subsidize from the general fund 14 times, but not since 2006. From 2010-12, the city generated a profit, including a jump from $278,278 in ‘11 to $660,838 last year, which Schwieterman said was a result of a “great lineup.”"

Who cares if you lose money when you can legally steal from others. This optimism from Huber Heights people is either stupid or evil.

"Falkowski said the city doesn’t expect the music center to “have everything up to full expectations” until its third year of operation, including a full season of shows.
By then, the city projects to annually generate about $2.3 million in revenue and profit $400,000, according to a Conventions, Sports & Leisure study."

What a boondoggle.

At least 42 people were busted for OVI last weekend. Government agents made lots of money off that.