The Theme Is Entertainment
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The Theme Is Entertainment....But

We received this interesting, deeply-felt, and
opinionated piece as e-mail on  our on-line E.S.P.
Forum (specialtyretail.net).  The opinions expressed are not necessarily ours, but they may be yours.  We look forward to all of your comments.

 

by Ron Knight

Chairman of Communications,
Themed Entertainment Association,
Northeast Chapter

 

There is a very common situation in the world where everyone and their brothers are jumping into “ location - based entertainment,” “special venue” and “themed-entertainment retail” to the point that there are distinct blurs (howd’ya like that one?) between all areas. Many folks are jumping in on “New Urbanism” and all its prospects, “repurposing” and refurbishing properties, adequate land and estate holdings for the new energy and vitality that comes from all of this new “community center” and “entertainment” usage.

 Unfortunately, many blueprints are becoming failures, cross-branded themes have themed the world out, and one can only go so far before one sees many entertainment concepts falling on the rocks. This is due to saturation or “regionalisms” taking their toll, along with many other factors. Unfortunately, these failures are leaving the developments (and whatever remaining uniqueness that made the real estate concepts or retail so unique in the first place) standing in empty demise, ripe for the next buyer’s concept.

Inevitably, I think we’ll see a shakeout, like in all boom industries... a few people will scrape their knees along the way. Sure, I’m here to sell some concepts and some products, but moreover, an ongoing analysis of what’s working and what’s not, and what won’t and why, would really be helpful to a lot of folks. We need to know what to do and where to point as a direction in the not-so-distant future.

 So I guess I’m here to see if mutual knowledge and networking can help a few folks steer clear of a few rocks in shallow water... and maybe do some creative bonding for new developments as time goes by.

 A lot of people from architects to financial investment firms want to be involved now in the entertainment specialty areas, but many of them have no clue as to where to go, what to do, or even have had a basic course in Theater 101. Many of us see the writing on the wall. For me, the premise is simple. It’s taking a piece of real estate that can function as a gathering place to serve the community, and from there it’s just “Community Entertainment Communications.” People who understand the full implication of the model of how audiences interact with these gathering centers, with each other, and then how the center will interact with them, can figure out the steady and successful working ventures that can stand the test of time.    

Maybe a few of us will get together and get
lucky here.

 Mr. Knight is president of Knight Mediacom.  His opinions were not solicited by E.S.P., but the editors thought that they might provoke interesting comments to the magazine.

 E.S.P. welcomes correspondence and comments.  Express yourself!  Send your mail to E.S.P. Guest Editorial, P.O. Box 2630, Mercerville, NJ 08630; Fax 609-587-3511; e-mail: keith@dealmakers.net  or judi@dealmakers.net .