Industry Change – Sound Economics

Dependency on Sponsorship: Professional Gaming

Posted on October 30, 2016 by Cole Driscoll — No Comments ↓

Video games have been around since the 1950s when the “cathode-ray tube amusement device” was first invented. But now video games have taken a new form of entertainment as “professional gaming” has become popular in the last few years. The video game industry has seen much growth, especially over the 21st century, and the industry has realized a total revenue of about $23.5 billion in 2015. Of course, with this type of money flowing into the industry there must be consumers who are dedicated to these products and there are. The reason that the industry has been expanding is because Continue reading Dependency on Sponsorship: Professional Gaming→

How Much Are Microbreweries Worth?

Posted on November 18, 2015 by Cole Driscoll — No Comments ↓

In my earlier post I discussed the rapid increase of the craft brewery market and the integration of the microbreweries into a bigger realm of the beer industry. But since then new developments have occurred. Yesterday it was announced that San Diego’s Ballast Point Brewing & Spirits Company is being bought for $1 Billion. The buyer is alcoholic beverage conglomerate, Constellation Brands Inc. This buy out is Constellation’s biggest brand addition since 2012 when it purchased the remaining 50 percent interest in Crown Imports LLC for $1.85 Billion. As Bart Watson, Chief Economist for the Brewers Association, put it in Continue reading How Much Are Microbreweries Worth?→

Spotting the Technical Difficulties (Part 1)

Posted on October 7, 2015 by Cole Driscoll — No Comments ↓

Turn on the music and crank the jams. Music is a very prominent form of expression that has been woven into many people’s lives today. When I sit down at my desk to write this blog post, I instinctively grab my smart phone first and turn on some form of music. Whether it is music made solely from MIDI generated sounds or simply a musician with a guitar, I proceed to use electronic devices to produce the music that I love. But it’s not my Apple iPhone 5 that is giving me this music. It is an application called Spotify. Continue reading Spotting the Technical Difficulties (Part 1)→