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Two on the economy & attendance demand

2008 October 7
by Skip Sauer

Economic downturn isn’t slowing luxury box sales,” at the NY Times. The focus is on the New York market and sales at the new stadiums. The article stresses the size of the market in sustaining demand. My hunch is that demand is indeed less than anticipated, but that much of the adjustment will come through negotiations on price.

Wall Street woe could transform team-fan divide,” at Bloomberg, with anecdotes about company and team responses to the economic situation. One of note: GM will take a pass on Super Bowl ads next February.

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