While this is great news, there seems to be something missing here;
The Premier Center was ranked 44th in the United States and 84th in the world by Pollstar, based on touring event ticket sales of 239,089, according to a release from the Premier Center.
A couple of big things are missing; 1) is the above ticket sales number just tickets sold by touring acts, not total tickets sold at the Denty? 2) What was the value of those ticket sales?
If you were to do just a rough estimate on sales from the number above, promoters and artists pulled in around $17 million last year from the Denty. This number of course doesn’t include food and beverage sales and other events. Total sales at the Denty in 2017 could have easily been over $30 million. But how much is the Denty itself profiting? Not much. Most of that $30 million gets sucked right out of town.
Like the admission as to who authorized the bent up siding job on the Denty, for some reason the Huether administration wants to keep us in the dark about the sales at the Denty and what the Denty actually gets to keep or spend on operations.
So we have a publicly funded facility that takes $10 million a year out of our 2nd penny road fund to pay the mortgage but for some strange reason we can’t tell the public the sales it generates. Instead they send out vague press releases bragging about attendance.
We could of had 10 million people attend concerts last year at the Denty, if majority of those sales are not re-circulating in our community, does it even matter?
Plain and simple, if it’s vague press releases the Denty is in the red. It’s a credit card banker heist without the mask and gun.
I’m more interested in who and how many times certain people are receiving comped tickets.
Ooooo! LJL has a point. If half the admissions are comped, there’s certainly insufficient revenue. Huether’s family tree owes us big time.
How very sad. And so much debt associated with it.