Jimmy Buffett dropped by Tekzilla to talk about Drones (he loves ‘em!), action cams (GoPro Virb!), talks SpaceX, cables, Margurillas backstage, using drones during concerts, and more!
International Meal Company announces strategic partnership with Margaritaville Enterprises, LLC
International Meal Company Holdings SA Says on December 9th, 2013 it signed a contract with Margaritaville Enterprises, LLC for a strategic partnership that includes acquisition of eight restaurants under the Margaritaville brand in the United States. Says it also includes a holding of 50 percent of the economic rights in the other two restaurants of the same brand located in Universal Studios and Las Vegas Strip, in the cities of Orlando and Las Vegas, respectively. Says it has also signed an agreement for the purchase of two new restaurants and five restaurants under construction. Says as part of the strategic partnership, International Meal Company Holdings SA will have exclusive rights to develop and operate the Margaritaville brand at the airports in the United States and Latin America.
Javier Gavilan, CEO of IMC said, “This strategic alliance is about growing a powerful brand, in segments where we have a lot of experience and a proven track record; airports will be our first priority to develop this great brand and we have already found some very exciting opportunities. We have been partners with Margaritaville in Panama and Puerto Rico. And as we got to know Margaritaville’ s outstanding team through that relationship, we found that they shared IMC’s values of integrity, concern for employees, and delivering exceptional value and restaurant experience to our customers. Add to this the company’s powerful brand presence, growth potential, and the loyalty the brand inspires in its customers, and we found in Margaritaville the ideal platform for establishing our U.S. presence as a leader in the captive market sector of the restaurant business and the food and beverage business at airports.”
Current Locations: Las Vegas, Orlando, Myrtle Beach (icluding Landshark), Key West Restaurant & Store, Panama City, Mohegan Sun, Nashville, Chicago
Expansion Location: Cincinnati (opened), Atlantic City (opened), San Antonio, Destin, Pigeon Forge, West Palm, Syracuse
Watch Jimmy Buffett and co-producer Frank Marshall on the red carpet on Broadway for the opening night of Big Fish.
From Bloomberg BusinessWeek: “Welcome to ‘Margaritaville,’ the Most Lucrative Song Ever”
New Jersey Governor Chris Christie cut the ribbon on Thursday outside Atlantic City’s newest tourist attraction: Margaritaville. The $35 million, 40,000-square-foot complex houses two restaurants, multiple bars, a beach-themed casino, and several breezy, laid-back retail stores—all tucked away in a larger gambling mecca called Resorts. The singer and songwriter of the eponymous song was conspicuously absent from the festivities. For Jimmy Buffett, the grand opening was no special occasion: The Atlantic City outpost is the 27th Margaritaville in the world.
Margaritaville Enterprises, founded in 2006 and based in Orlando, sells everything from beachwear to furniture and also oversees at least one Caribbean island resort, two American resorts, and four casinos. You can buy Margaritaville rum and combine it with a Margaritaville drink mixer in your very own Margaritaville blender that costs $349.99. According to the Orlando Business Journal, the company brought in at least $100 million in revenue in 2007. As a private company, Margaritaville doesn’t release information about its holdings, but by all accounts it has only expanded since then.
As a recording, Margaritaville doesn’t post stratospheric numbers. After debuting on Buffett’s 1977 album Changes in Latitude, Changes in Attitude, it peaked at No. 8 on the Billboard 100 charts. According to the 2012 BBC documentary The Richest Songs in the World, Margaritaville doesn’t crack the top 10, which is populated by three Christmas songs. The two highest-ranking pop songs are You’ve Lost That Loving Feeling, by the Righteous Brothers, and Yesterday, by the Beatles. (No. 1 was Happy Birthday to You.) “If you want to get technical, there are two Margaritavilles,” says Brauneis. “There’s the copyright that protects the song, which is valuable because of the stream of income. Then there’s the trademark that has developed out of the song’s title, and legally that’s a different piece of intellectual property.”
From the Chicago Tribune: “Jimmy Buffet catches ‘Big Fish’ in Chicago”
One of the producers of the musical “Big Fish” is none other than Mr. Fins himself, singer Jimmy Buffett. And he’s catching the show tonight (Tuesday at 7:30 p.m.) at the Oriental Theatre in the Loop, where it’s having its pre-Broadway premiere production.
Buffett will be sitting in the audience with fellow producer Frank Marshall, the Hollywood producer, according to a show representative, and then head backstage after the curtain.
From Margaritaville.com: “Jimmy to Produce Broadway Show: Big Fish”
Based on the 2003 film on the same name, Big Fish is a rollicking fantasy set in the American South. Directed by 5-time Tony Award winner Susan Stroman (The Producers), the story centers on the charismatic Edward Bloom (whose impossible stories of his epic adventures frustrate his son Will). As Edward’s final chapter approaches, Will embarks on his own journey to find out who his father really is, revealing the man behind the myth, the truth from the tall tales.
Big Fish’s World Premiere Pre-Broadway Engagement is in Chicago at the Oriental Theatre from April 2nd to May 5th, then it lands in New York City on Broadway starting September 5th! Tickets and more information can be found at BigFishTheMusical.com.
From News-Press: “Jimmy Buffett sells Cheeseburger in Paradise restaurant chain”
Luby’s Inc., owner of Luby’s Cafeterias and Fuddruckers, announced today that it will buy the Cheeseburger in Paradise brand, owned by singer Jimmy Buffett, for $11 million.
There are 23 Cheeseburger in Paradise locations in 14 states, with a revenue of $50 million.
Cheeseburger in Paradise, known for its beach-party atmosphere, has a location in south Fort Myers on Daniels Parkway.
Buffett developed the brand 10 years ago based on one of his most popular songs.
The sell is expected to close on or before Dec. 5.
From TampaBay.com: “Did Jimmy Buffett boost Weeki Wachee Springs Park attendance?”
The turnstiles have been spinning this summer at Weeki Wachee Springs State Park.
During the past two months, several hundred more visitors each day have passed through the gates compared to a year ago, pushing attendance up 46 percent in July and August.
Officials say there likely are several reasons. But a famous Florida resident is being given at least part of the credit.
A few months before the attendance boost, people began posting videos online of the Weeki Wachee mermaids performing on a stadium-size, 54-foot screen behind Jimmy Buffett during the musician’s concerts as he sang Mermaid in the Night.
Could the attention Buffett brought to thousands of his concert fans be responsible for driving waves of visitors to Weeki Wachee? A Buffett bump?
John Athanason, spokesman and publicity director for Weeki Wachee Springs State Park, isn’t willing to pin the attendance increase solely on the exposure to Buffett’s avid fans.
But, “it helps,” Athanason acknowledged.