Reasonable people can disagree about the ethics of paying big sums for purebred puppies. There are countless animals in shelters who need a home and will never find one, but there are also people who need or want a very specific breed of dog for a number of reasons, be they allergy-related, emotional, a matter of status, or something else. So while the idea of spending $3,500 on a purebred pup might sound repugnant to some, selling someone a dying dog is just evil.
The Dallas Cowboys’ collection of shiny things—AT&T Stadium, a .700 record, running back Demarco Murray, etc—just got a little shinier. The long-planned new team facility was officially unveiled this week, and “shiny” is the word for it. It’s in Frisco, it’ll open in 2016, and it’s named “The Star”—which isn’t the least bit confusing even though it’s opening near the Dallas Stars’ facility (which is also in Frisco) and it’s in the same metropolitan area as a newspaper called the Star-Telegram.
Willie Nelson made a big splash in 2007 when he began promoting—with the publication of a slim volume called On The Clean Road Again—his foray into the alternate energy business. The product he was selling was a soybean-based biodiesel product called BioWillie, and on the surface, it made perfect sense: Fuel costs were skyrocketing, truck drivers love Wilie Nelson, farmers—a constituency Nelson has long been invested in—needed more things to grow, and vegetable-based fuels were beginning to come into their own. With an eye to the future, BioWillie was born.
Say this for Jerry Jones: He’s always been a shrewd businessman. It’s true that applying the financial savvy that it takes to turn a new stadium into a profit-making engine may have had real on-field costs in terms of lost homefield advantage— but as long as he continues to own the most valuable team in the NFL (by a $500,000,000 margin) and the fifth most valuable franchise in all of worldwide sports, everything’s coming up Jerry.
Using that stadium for other events, meanwhile, is just another giant drop in the giant bucket full of money that Jones presumably bathes in, Scrooge McDuck-like, every night. One of those other events, though, may end up conflicting with the Cowboys surprising turn as strong contenders to host a postseason game or two at the stadium formerly known as JerryWorld:
UT’s football season has roughly met expectations: The team wasn’t supposed to be very good and they’re not very good. Charlie Strong was brought in to recruit better classes going forward, but in his first year, a 3-4 record is about as good as the team could hope for. Still, none of that really matters when you look at the primary metric one can use to judge football success. Who cares about a winning record when the revenue for the program a whopping $109 million, almost $30 million more than the next-closest school?
Once upon a time, if you wanted the opportunity to play video games with an advanced degree of graphic complexity, you needed to get a bunch of quarters, go somewhere that had the cabinets, and pay per-play to get your game on. Now, though, seemingly every kid in America has access to Minecraft or Angry Birds at his or her disposal at every moment, and can kill hours staring at the screen without leaving the home, for one fixed price.
Which would make a concept like Dave & Busters, the Dallas-based chain of casual dining restaurants whose hook is its massive arcade room, seem like one fated for the dustbin of history. But the company held its IPO last Thursday—at a bargain rate of $16 per share—and it’s managed to increase its value through the first week. As the Dallas Morning News reports:
Live Nation Entertainment is the largest live music promoter in the world, but it’s never had much presence in Austin. The company posts more than $5 billion a year in revenue, with an operating budget of over $18 billion annually. It was spun out of San Antonio-based radio/billboard/entertainment holding company ClearChannel (which rebranded this fall as “IHeartMedia”) and grew to mammoth proportions after a 2010 merger with international ticketing behemoth Ticketmaster.
But aside from a 2012 deal that gave the company the booking rights at the Austin 360 Amphitheater at the Circuit of the Americas racetrack, the company’s presence in Austin has been limited. It books events occasionally at the Frank Erwin Center, but despite the staggering 120+ venues it operates/owns/exclusively books around the U.S. and the rest of the world, Live Nation has struggled to establish much hold in Austin.