1 / 11

June 6, 2012

June 6, 2012. Agenda. Introductions Summary What PMG Is Proposing PMG Booking Agency/Arena Management Sample Jobing.com Arena Event - Capital Investment Sample Jobing.com Arena Event - Potential Gross Revenue Next Step & Questions. Summary.

bran
Download Presentation

June 6, 2012

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. June 6, 2012

  2. Agenda • Introductions • Summary • What PMG Is Proposing • PMG Booking Agency/Arena Management • Sample Jobing.com Arena Event - Capital Investment • Sample Jobing.com Arena Event - Potential Gross Revenue • Next Step & Questions

  3. Summary • The City of Glendale (City) can best utilize Jobing.com Arena (JCA) to meet the City’s revenue and cultural needs by diversifying and expanding the scope JCA’s management to include large and small music, cultural and industry events. • PMG would like to manage JCA to promote 25-30 musical, cultural, industry, and sporting events (Events). • Past JCA management agreements earned the City $2.50 per ticket. • PMG is of the opinion that JCA can realize a greater return for the City by capturing 90% of all revenue generated from such Events. PMG desires to enter into an agreement with the City wherein PMG would receive a ten-percent (10%) booking/agency fee and $4.50 per ticket. • Initial capital for the promotion of such events (approximately 7.5 million dollars), would come from a portion of the 17.5 million dollar JCA management budget currently earmarked by the City. • PMG uniquely qualified to deliver to JCA top A&B artists from all genres, including, opera, country artists, Latino regional, Latin pop, pop stars, rock, R&B, jazz, hip hop, and contemporary family and dance events. • PMG’s promotion of events of national prominence will benefit surrounding hotel, restaurant, and business communities. • PMG has already received inquiries from major record label artists expressing their desire to appear at JCA.

  4. Proposal • Partnership With The City Of Glendale • Management Team/Booking Agency • for Jobing.com Arena • Transparency • Partnership & Participation with Businesses, and Community • Brand JCA & Westgate as the Venue/Destination of Choice

  5. PMG – Glendale’s Booking Agency • Promote Concerts/Event with “A” & “B” Artist • Rock, R&B, Opera, Country, Classical, Latino Regional, Pop, Rap, Alternative, Adult Contemporary • Create Annual Cultural Festivals • Expos – Car Shows, Gun Shows, Family Expos, Food Trade Show – • Tribute Concerts & Events – • Utilize Neighboring Renaissance Hotel • Third Party Booking

  6. Sample Event with a $300,000 Budget Category “A” Artist

  7. Category “A” Artist or Event Estimated Attendance 13,000 Average Ticket Price $60.00 Ticket Sales $780,000.

  8. “A” Category Artist or Event Estimated Attendance 13,000 Potential Sponsorship & Merchandise Revenue Potential Sponsorship & Merchandise Revenue $150,000

  9. “A” Category Artist or Event Estimated Attendance 13,000 Average Ticket Price $60.00 11,182,500 = 25 Events Dates + Sponsorship & Merchandising 25 Event dates plus sponsorships and merchandising

  10. Next Steps & Questions

  11. Thank you..Art Jimenez, Managing PartnerLuis Mendoza, VP OperationsEmilio Huerta, VP General Counsel Tim Micklos, Director of Sponsorship Sales 5110 N. 44th St. L-103 Phoenix, AZ 85018 602.343.8274

More Related