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June 16, 1986 Leisurenothoftlftest 5
<br /> the L.A. Memorial Sports Arena grossed $9,035. Alaska had the highest, with
<br /> $323,224 on attendance of 19,917. At $17,756. Connecticut followed closely.
<br /> Tacoma, Wash. , Dome a similar size at- * * * * * * * *
<br /> tendance brought gross of $312,464. An
<br /> SRO crowd of 14,453 at the Oakland-Ala- Restaurants are among the businesses
<br /> meda County Coliseum grossed $214,710 . with the highest failure rate (only the
<br /> For the week's tour, the billing brought garment industry is higher) . Other lei-
<br /> more than $1.1 million. sure industry rates that are rather
<br /> high include camera/photo stores, sport-
<br /> * * * * * * * * ing goods, hobby/toy stores, bookstores,
<br /> This month is a big one for new releas- and gift stores.
<br /> es by major stars, Billboard reports
<br /> (6/7) . Eight of the releases are film Failure rate per
<br /> 10,000
<br /> tie-in soundtracks or single cuts, in- Line of business concerns
<br /> cluding Madonna, Lionel Richie hits Apparel and accessory stores 179.8
<br /> "True Blue" and "Say You, Say Me." The Eating and drinking places 157.6
<br /> Camera/photographic supply stores 146.6
<br /> two artists have sold 23 million copies Sporting goods 126.6
<br /> in U.S.' of last two albums. Genesis Furniture/home furnishing stores 122.4
<br /> has "Invisible Touch" release; Rod Hobby,toy and game shops 117.2
<br /> JewelStewart, Queen, Rick Nelson memorial Stationery
<br /> 115.6
<br /> Stationery stores 102.3
<br /> album, and several "greatest hits" are Building materials/garden supply 96.9
<br /> on list of releases this month. Food stores 96.1
<br /> Book stores 94.3
<br /> Luggage and leather goods stores 84.4
<br /> Gift,novelty and souvenier shops 78.2
<br /> Plans by Japanese manufacturers to in- Automotive dealers/service stations 76.9
<br /> troduce "digital audio tape" (DAT) sys- General merchandise stores 75.2
<br /> Liquor stores 74.2
<br /> tem at the Chicago consumer electronics Sewing/needlework/piece goods 72.0
<br /> show this month were squelched by in- Used merchandise stores 43.2
<br /> dustry sources concerned of what the Orug and proprietary stores 41.2
<br /> Fuel and ice dealers 35.1
<br /> newcomer would do to the recording busi- Total retail 112.T
<br /> ness and compact disks, Variety noted
<br /> (6/4) . A "summit meeting" of some kind s«,rckDunseradffieet
<br /> is hoped for--DAT's timing is crucial
<br /> to survival of .the CD industry. * * * * * * * *
<br /> Atari couldn't compete in the U.S. with
<br /> competition from foreign video games-and
<br /> moved to .FINANCIAL YARDSTICKS Technologyaiwanhangs inn there,ternatinal Reno Band
<br /> manufactures casino gambling machines.
<br /> Eastern is hiring attendants again, as The company was hit hard by low-priced
<br /> traffic increases. Chairman Frank Bor- Japanese machines, and switched to high
<br /> man is stepping down the end of June, tech video slot machines competitively
<br /> as the company prepares for takeover by priced, including an exclusive gaming
<br /> Texas Air Corp Since "scrambling" system called Megabucks, which debuted
<br /> of TV signals began in January, sal
<br /> in March in Nevada and is the state's
<br /> es
<br /> of satellite dishes have dropped 70%; answer to California's lottery. The
<br /> the Electronics Industries Assn., which 150 machines statewide should grow to
<br /> had forecast 700,000 in sales this yr, 500 by the end of the year, says Busi-
<br /> has revised estimate to 400,000. Even ness Week. IGT is developing new mark-
<br /> that's considered optimistic, ets in Europe, Latin America, Africa
<br /> and Australia.
<br /> * * * * * * * *
<br /> The Senate is considering a bill that
<br /> would exempt the beer industry from an- Hearst Corp. is privately held, and its
<br /> titrust laws and allow wholesale dis- diversified holdings in magazines/radio/
<br /> tributors to have a monopoly in region- TV/cable/book publishing is estimated to
<br /> al marketing. The bill has been around bring in revenue of $1.5 billion a year
<br /> for several years but a floor debate fi- or more. The company folded its Balti-
<br /> nally was scheduled, and then dropped. more evening paper last month; last yr
<br /> Personal income climbed 5.3% it sold its Boston Herald American to
<br /> 11111
<br /> last year to natl average of $13,451 Rupert Murdoch--but the company intends
<br /> per person; the inflation rate was 3.6%. to keep buying papers. Two years ago.
<br /> Greatest increases came in Vermont, up it bought several in Texas. The San
<br /> 7.1%; Massachusetts (+7%) , Nebraska Francisco Examiner does well, but the
<br /> (+9%) and New Hampshire (+6.9%) . All L.A. Herald-Examiner lags well behind
<br /> states showed an increase; the lowest the huge L.A. Times. Hearst owns 14
<br /> income average is in Mississippi, at newspapers, as well as Avon Books, the
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