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Private Company to Manage Bicentennial Center

KSAL Newsradio - Salina, KS - February 27, 2012

For the first time, the Salina Bicentennial Center will be managed by a private company. Salina City Commissioners Monday voted to enter into a contract with Global Spectrum.

Global Spectrum, headquartered in Philadelphia, operates 108 public assembly venues around the world. The company hosts a wide array of sports and entertainment, trade shows, performing arts, and other special events. The company manages one NFL venue, and has also hosted one Superbowl.

The Salina Bicentennial Center has consistently operated at a deficit. According to the city, while full benefits of private facility management cannot be realized in a single year, they do believe that Global Spectrum can provide significant operational benefit the first year and realize the fullest potential within three years.

Highlights of the contract include Global Spectrum agreeing to hire the City's current employees. The City retains the authority to ratify the hiring of the Global Spectrum's general manager and is given the right to comment on the hiring of other key management personnel.

The City retains the right to approve all event-related contracts that create any financial risk through a co-promoted or in-house promoted event.

The City reserves the right to approve all naming rights contracts for all facility spaces and apply consideration for location, aesthetics, etc. Naming of the entire facility requires the approval of the city.

Gobal Spectrum was vying with Venue Works from Ames, Iowa and Pennsylvania-based SMG to manage the Salina Bicentennial Center. The company takes over management of the facility beginning March 1st.




ABOUT US


Global Spectrum (global-spectrum.com) manages more than 120 other public assembly facilities around the world. Nearly 24-million people attended more than 15,000 events in Global Spectrum venues last year. Based in Philadelphia, PA, Global Spectrum is part of Comcast-Spectacor, one of the world’s largest sports and entertainment companies. Comcast-Spectacor, which operates in 48 of the 50 United States, also owns the Philadelphia Flyers of the National Hockey League, Ovations Food Services, a food and beverage services provider, Paciolan, the leading provider of venue establishment ticketing, fundraising and marketing technology solutions, Front Row Marketing Services, a commercial rights sales company, and Flyers Skate Zone, a series of community ice skating rinks.

To obtain complete transcripts of the above news items or for more information contact:

Frank E. Russo, Jr.
Senior Vice President, Business Development & Client Relations
Global Spectrum
150 Trumbull St.
Third Floor
Hartford, CT 06130
Phone: 860-244-9432
Email: frusso@global-spectrum.com



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