Lacter/margin/nov.2/mike1st/LK2nd
One of the challenges in putting out a weekly is reporting on a news event that has been covered in the daily papers. Unless we can advance the story through new information or analysis there’s little point devoting much space to it.
Take the ongoing saga over getting pro football back to L.A. While the Business Journal has been following the story for months often breaking news well ahead of our daily competitors last week’s meeting of NFL owners put us at an obvious disadvantage. They were able to report on the Kansas City meeting the very next day. We had to wait almost a week.
What to do? Forget about Kansas City and look ahead specifically to the financing challenges that face whichever group gets the winning nod. Daniel Taub and Jessica Toledano examine the various retail/entertainment bells and whistles that would-be stadium developers find themselves having to concoct in the name of additional revenues. And those revenues are far from assured. For us, that kind of analysis carries a lot more relevance than those quickie quotes the dailies were picking up last week.
Mark Lacter
Editor