Tag Archives: Premier Exhibitions

Titanic Week In Review

Photo courtesy George Behe
Photo courtesy George Behe

1.Titanic Menu Up For Auction
BBC is reporting that a menu from Titanic’s first class restaurant will be auctioned off on 18 October by Henry Aldridge & Son. The menu, stuffed inside a coat pocket, is expected to fetch £70,000($112,528). A deck plan used to help a survivor find the way to a lifeboat on Titanic will be auctioned off as well.

2. Ancient Wreck Dubbed Titanic of Ancient World Proving To Be Treasure Trove
The 2,000-year-old Antikythera shipwreck in Greece is the focus of a Woods Hole Oceanographic Institution (WHOI) expedition reports LiveScience.com. The ship likely sank between 70 B.C. and 60 B.C while on its way from Asia Minor to Rome. It was found by sponge divers in 1900 and early efforts to retrieve valuables proved costly in human lives. Some of the earlier items brought up back then included bronze and marble statues of heroes and horses, jewelry, furniture, glassware and a a complex astronomical calculator called the Antikythera mechanism. Jacques Cousteau also dived to the sunken ship and brought up some amazing items as well. This most recent expedition from Sept. 15 to Oct. 7 also brought up some fascinating items as well. Also the dive allowed for the use of rebreathers to allow divers to spend more time down exploring the wreck. They also used high resolution 3D maps of the site that showed it much larger than previously thought. Another expedition is being planned for next year.

3. Premier Exhibitions Facing Stronger Criticism Over Bodies Exhibition
As noted in an earlier posting, human rights activists in Toronto is calling for the seizure of the human bodies on display claiming many of the Chinese included were imprisoned or killed by that government. The Toronto Sun reports that Choose Humanity spokesman Joel Chipkar says the cadavers on display (which include men, women and children)were executed for engaging in such acts as belonging to group such as Falun Gong. Premier Exhibitions has not issued a formal response to the allegation.

4. If You Have $10.9 Million This Former Straus Property Could Be Yours
The Straus inheritors wanted to live big in Red Bank, New Jersey. So they decided to build a huge estate on 29,000 square feet that would have included a 27-room chateau had the Great Depression not slowed down and ended construction. They did build some fine buildings based on 18th century Provence and imported nearly everything to make it look right. What could not be imported was made by French and Italian artisans who came over to do the job. It was sold in 1951 and the houses became part of a co-op. This being a very wealthy area though, it was not a commune but a very nice place for those with lots of money to live in a lovely estate and share common amenities like a pool (important on those hot summer days). Now the whole thing is up for sale. Just fork over $10.9 million and it is yours. Pool included.

Not Titanic
1. I like the ABC show Castle. And like everyone was stunned at how last season ended. We are now two episodes into this season and this is what we learned:that Richard Castle has a very dark secret. And somehow that caught up with him just before the wedding. And he apparently, in conjunction with others to cover it up (possibly not by choice), staged the disappearance and likely used drugs of some kind to permanently loose those memories. Does anyone think the movie Total Recall is being done on us just with a Castle twist? Personally it would have been more likely had old enemies of his father had staged it. Hey, maybe they did for all we know. Not really liking this at all. One hopes down the road Kate does not wake up to find it is the day of the wedding and all that happened really was a dream.

2. Hells Kitchen continues its tradition of D list cooks who seemingly fall apart under the intense scrutiny of Chef Hell (Ramsay) and his assistants. It is becoming easier though to pick the ones that are clearly just there to cause problems in the group.

3. Someone needs to tell the folks over at Amazing Race we really do not care or need to know someone really had to go to the bathroom bad during the race. But we also found out in the first episode that some people really are quite stupid. One of the real estate gals actually said the sun rises in the west and settles in the east. The stunned looks on the two who heard her say that was funny. Needless to say the real estate gals were eliminated. Hopefully by now they have figured where the sun actually rises and sets. And it has been doing it exactly that way for a very long, long time.

That’s all folks!


Premier Exhibitions: NASDAQ Notifies Company They Are Not In Compliance With Requirements

Photo:Luis Villa del Campo
Photo:Luis Villa del Campo

NASDAQ recently sent a letter of non-compliance to Premier Exhibitions (NASDAQ:PRXI) regarding the recent director resignations. Specifically they are out of compliance with the audit committee requirements which require the audit committee be comprised of three independent directors. They have to resolve it either at the next annual shareholder’s meeting or by 27 Aug 2015. However if the annual shareholders meeting is held before 23 Feb 2015, then they must show compliance on that date. Four directors resigned on 25 Aug 2014 and were replaced by Jack H. Jacobs and Rick Kraniak on the same day.

Sources:
1. Worth Watching Stocks : Medtronic….(19 Sep 2014, Wall Street Scope)
2. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or S (16 Sep 2014, Yahoo! Finance)


Titanic News:Titanic Belfast Up For Awards and a Human Rights Group Wants Premier Exhibitions Investigated

Mao Zedong announcing the founding of the People's Republic of China on October 1 1949. Photo: Public Domain
Photo: Public Domain

1. A Toronto-based human rights group has requested a police and coroner’s investigation once the Bodies Revealed exhibition closes on 1 Oct. A disclaimer on the website is what led them to make the charge. That disclaimer can be found here and says:

This exhibit displays human remains of Chinese citizens or residents which were originally received by the Chinese Bureau of Police. The Chinese Bureau of Police may receive bodies from Chinese prisons. Premier cannot independently verify that the human remains you are viewing are not those of persons who were incarcerated in Chinese prisons.

This exhibit displays full body cadavers as well as human body parts, organs, fetuses and embryos that come from cadavers of Chinese citizens or residents. With respect to the human parts, organs, fetuses and embryos you are viewing, Premier relies solely on the representations of its Chinese partners and cannot independently verify that they do not belong to persons executed while incarcerated in Chinese prisons.

Which is to say, we have really no idea whether these remains are what they are represented to be. So we are going to trust an authoritarian regime in Beijing which has a long history of repressing dissidents and mass murder? Really? It would be like in the old days accepting bodies from the Soviet Union and taking their word they were not executed for crimes against the state rather than dying of natural causes.

Linus Hand, director of sales and marketing at Niagara Falls Bodies Revealed exhibit says it refers to a different exhibit. He might be right. The exhibitions listed do not include one for Canada so it is possible that none of the bodies at the Canada exhibition require such a disclaimer. Still it is very discomforting that the American ones have bodies from China. Trying to wiggle out of moral responsibility here cuts no slack from me. Imagine the outrage if they used remains from German concentration camps run by Hitler’s regime in their Bodies Exhibition. It would make front page news as they got denounced by everyone. But from China, not much of a protest.
Source:Human Rights Group Wants Body Exhibit In Niagara Falls Investigated(5 Sep 2014,Sun News)

Titanic Belfast (side view) Image:Prioryman (Wikipedia)
Titanic Belfast (side view)
Image:Prioryman (Wikipedia)

2. The Belfast Telegraph is reporting that Titanic Belfast is up for the Best UK Leisure Attraction Award and Giant’s Causeway is on the list for Best Heritage Attraction. The public is allowed to vote for their favorites at www.britishtravelawards.com.
Source:Titanic Belfast And Giant’s Causeway Are Up For Awards(4 Sep 2014,Belfast Telegraph)


Premier Exhibitions: Major Changes

graphup copyPremier Exhibitions, which owns RMS Titanic Inc and Titanic:The Artifact Exhibition, recently announced three directors had resigned. William M. Adams, Ronald C. Bernard, and Bruce Steinberg resigned on 25 August 2014. They were replaced on the same day by Jack H. Jacobs and Rick Kraniak making it five directors for the company. Jacobs was a previous member of the board fr0m February 2009-February 2011.

What makes this interesting is that Jack Jacobs has both financial and government connections. His previous experience in real estate development investments and finance allowed him to meet with prominent people in and out of government, particularly those with large amounts of capital to invest. He has through his military analyst role at NBC connections at the Pentagon and other places. Rick Kraniak is a retread as well serving on the board from 2005-2008. He has lots media connections thanks to his being a media consultant but also has ties to financial services companies. In short, both of these guys have ties in the financial sector (and in Jacob’s case government as well) that will be used to 1)find sources to invest in the company and other projects; 2) find and connect people that will want to purchase the Titanic collection; 3) finance a sale of the entire company to whole new entity.

It looks like, if one reads these tea leaves correctly, they plan to make interesting changes within the next 12 months. And it is more likely that with these connections that they can sell the Titanic collection.

Source:Premier Exhibitions Announces Board of Director Changes (29 Aug 2014,MarketWatch-via Global Newswire Press Release)


Tuesday Titanic News

graph down1. Premier Exhibitions recently reported its fourth quarter results along with full year 2014. Total revenue fell by 7% ( $6.2 million compared to $6.7 million last quarter) and gross profit decreased as well. Exhibition days also decreased to 1,278 from 1,150 in last quarter. Attendance was down in fourth quarter (357 per day compared to 399). Ticket prices did increase slightly by 1.3% Overall revenue decreased 25.6% to $29.3 million and gross profit while gross profits decreased 32.5% to $14.0 million. Premier’s Chief Financial Officer and Chief Operating Officer Michael Little says:

“We are resolved to improving the performance of Titanic and Bodies from current levels which we think can best be accomplished by updating the exhibition content and by bolstering our exhibition marketing efforts. To accomplish these changes, we will invest in both exhibitions. In addition, we have augmented our in-house marketing team and partnered with Crossmedia to re-envision and re-launch highly creative and collaborative campaigns and bring these stories to life across paid, owned, and earned media. We think these efforts should positively impact these existing properties over time and complement our broader plan to evolve and diversify our portfolio.”

In other words, the exhibitions have become stagnant and need to be revitalized and re-marketed to get more people buying tickets. As for the Titanic artifacts that were supposed to be sold per a salvage award, not a word in the press release.
Source:Premier Exhibitions Reports Fourth Quarter and Full Year 2014 Results(27 May 2014,Globe Newswire (Press Release)

2. Despite having powerful wireless telegraphs aboard Titanic, it was not able to summon help as quickly as it should have writes Ronald Yeaple in Daily Messenger. Over on California, its wireless operator retired for the night so he and no one else aboard heard the fateful telegraph call from Titanic. They did not learn of the tragedy till the next morning. Carpathia heard the message and resulting from that was Captain Rostron immediately heading to the scene arriving around 0400. Compounding the problem later was how messages got terribly garbled and mashed up resulting in inaccurate news being reported. Yeaple writes: “The spark coil transmitters of the time broadcast a wide range of frequencies and were not finely tuned like today’s radios, so messages often overlapped.” That does explain why, unfortunately, early reports were so terribly wrong. [Today we are experiencing something of a decline in getting it right. Today many reporters have gone backwards in their attempts to get the headline by relying on Twitter, other social media, and dubious sources not properly vetted.]
Source: FROM TELEGRAMS TO TEXTING: Why Didn’t Wireless Save Titanic’s Passengers?(1 June 2014,Daily Messenger)

3. A Mediterranean theme park in China which will include a replica of Titanic (the Titanic Sinking Simulator) will also have a man-made beach much like the movie Truman Show. Construction, if on schedule, began on 30 May. According to CNTV: “The 16-billion RMB ($256 million) model ship and interior man-made beach will be two of the key attractions at the Romandisea Seven Star International Cultural Tourism Resort, which will also feature a Venetian church, Turkish baths and what is being called a “6D cinema.”
Source:Replicated Titanic To Anchor In Mediterranean Theme Park In China(30 May 2014,CNTV)


Premier Exhibitions Seeking To Sell Company Or Assets

For Sale by Owner SignAccording to Atlanta Business Chronicle, Premier Exhibitions (which owns RMS Titanic, Inc and Titanic:The Artifact Exhibition), reported in a regulatory filing that the board of directors approved a review of “strategic alternatives.”

“The board of directors is working to pursue all appropriate actions to enhance the value of the company for its shareholders,” said Mark A. Sellers, chairman of the board of Premier Exhibitions. “To that end, we have determined that a broad evaluation of strategic alternatives led by a top tier investment bank should be the next step in that process and we are very excited to have engaged a prominent, New York based investment bank as our adviser.”

That sounds like they are preparing to sell the company or perhaps parts of it to other interested parties. With the Titanic artifact sale up in limbo at this point (a consortium backed out since it could not raise the money) and likely no deal in the immediate future, it probably means they would prefer someone else have that headache. Do not be surprised if a sale ends up being done either to a gulf state business or to a Chinese company. Both areas been making moves to capitalize on the Titanic tourist trade.

Source: Premier Exhibitions Investigating ‘Strategic Alternatives’(11 Mar 2014,Atlanta Business Chronicle)


Titanic News For Superbowl Sunday

American football(Pictured above 2009 Pro Bowl) Photo: Public Domain
American football(Pictured above 2009 Pro Bowl)
Photo: Public Domain

1. Page For New Titanic 2 Ship Goes Down(2 Feb 2014,Cruise Ship News)
Both the bluestarline.com.au and titanic-ii.com websites redirect to a suspendedpage.cgi page that states the following message, “Template Error: The template file must be given (or the template could not be opened)”. This news has led some to feel that the new Titanic 2 ship is never coming and more about helping Clive Palmer’s political career, although we will leave that debate to the conspiracy theorists.

2.Spotlight: ‘Raise the Titanic’ by Clive Cussler(2 Feb 2014,News OK)
By now, readers know what to expect from Clive Cussler. He has written or co-authored 62 books, many of them thrillers focusing on Dirk Pitt, a darkly handsome, unstoppable hero who is something like an unlicensed James Bond. These days, Cussler’s portrayals of chivalry seem outdated and perhaps offensive, but he continues to churn out books, maintaining a consistent presence on the best-seller lists. He may never have become so popular if not for “Raise the Titanic,” a 1976 novel that introduced most readers to Pitt and launched Cussler’s career. The book, published long before Robert Ballard discovered the real resting place of the Titanic, was an unqualified success, in part because interest in the Titanic disaster never wanes. Pitt is tasked with bringing the remains of the great ship back to the surface in one piece, but as success draws nearer, dark forces are closing in.

3.Warhol-Style Exhibition Is Tribute To Titanic Victims (1 Feb 2014, Newtown Abbey Today)
Newtownabbey artist Lise McGreevy has paid tribute to “Titanic’s fallen” with an exhibition inspired by the style of Andy Warhol.The display entitled “We Salute You” is currently on show at The Dock Cafe near the Odyssey in Belfast’s Titanic Quarter, until February 28, then onboard the Nomadic, the ship which ferried passengers to the iconic vessel before its ill-fated maiden voyage where it will be shown from March 24 until April 30.

4.Premier Exhibitions, Inc. Announces Partnership To Bring King Tut Exhibition To North America-Press Release(27 Jan 2014,PR Newswire )
Premier Exhibitions, Inc. (“Premier Exhibitions”) , a leading presenter of museum quality touring exhibitions, announced today that it will bring The Discovery of King Tut, an exhibition that recreates one of the greatest discoveries of the 20th century, to North America for the first time. The partnership with Semmel Concerts GmbH (“Semmel”), gives Premier Exhibitions the exclusive rights to tour the exhibition in North America. Semmel has successfully toured a similar exhibition in Europe since 2008, with approximately five million people experiencing the exhibition in 20 host cities.


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Titanic News For 20 Dec 2013

1. Premier Exhibitions, Inc. Partners With Crossmedia to Re-envision Exhibition Marketing Strategy (19 Dec 2013,Wall Street Journal-press release)
Many of the exhibitions have been touring for a number of years and in some instances, have been in their respective markets for five plus years,” said Elizabeth Natwick, the new vice president of marketing that recently joined Premier Exhibitions. “While the concept of the exhibit and the content is evergreen and transcends generations, the way we interact with the public in terms of messaging and marketing should be evaluated and updated, and we are looking forward to doing just that with Crossmedia.”

2. Deep Subterranean Microbe Thrives On Iron And Oil(19 Dec 2013,RedOrbit)
The team found that the bacteria are able to utilize iron and nitrogen from their surroundings and recycle scarce nutrients to meet their metabolic needs. The superstructure of the sunken Titanic is being consumed by another member of the same group, named the Halomonas titanicae. The researchers also found that the microbes living in the deep sandstone deposits of the Illinois Basin were capable of metabolizing aromatic compounds, a common component of petroleum.

3. Probably Coming Out Next Halloween:Ghostly Queen Mary Supernatural Thriller To Set Sail(18 Dec 2013,Bleeding Cool)
Described as “The Shining on a ship,” the untitled film will be a supernatural thriller that taps into the Queen Mary’s own sordid reputation as one of the 10 most haunted places in America (as declared by Time magazine in 2008). One cabin is said to be haunted by someone who was murdered there, while others have claimed to have heard children playing in the nursery.

Warning! Titanic Cliche Ahead
Warning! Titanic Cliche Ahead

4. Titanic Cliche Alert: Headline for Perez Hilton claims The Voice sinking like Titanic:
The Voice Finale’s Ratings Sink Like The Titanic!(18 Dec 2013,Perezhilton.com)
The actual commentary never mentions Titanic so the headline is just an attention grabber. Nice try. Except of course none of those on The Voice had to leave a sinking ship on a very cold night with too few lifeboats to save them. Bad analogy Perez. For that you get the fractured finger Titanic Cliche Award.

NBC Says Las Vegas Exhibit Flooded, RMS Titanic Wins A Legal Round, and Celine Dion Says Not To Play Titanic Song At Her Funeral

water pail1. Mystery Solved? Titanic Exhibit That Closed Due To Water Damage Was Atlanta Or Las Vegas
The Huffington Post reported earlier this week on the shutdown and said it was at the Atlanta exhibition. They claimed to have spoken to someone in the ticket office that confirmed it had been closed for less than a day and water damage not serious. However NBC Nightly News ran a report that night saying the exhibit involved was the Luxor in Las Vegas. So which one is correct? Only the mummy knows for sure.
Sources:
1.Titanic Exhibition Temporarily Closed Due To Water Damage(7 Nov 2013,Huffington Post)
2. Water Damage Closes Titanic Memorabilia Collection-Video(7 Nov 2013,NBC News)

2. Celine Dion revealed in an interview that she initially did not want to sing “My Heart Will Go On” and did not like it much. She only made one recording of it, a demo, that was used in the movie and on the soundtrack. Of course she adds she has sung it “three million times after that live.” Although she has had many other hits, the song has been identified with her. But she has one request: not to play it at her funeral.
Source Celine Dion: Please Don’t Play The Titanic Theme Tune When I Die(8 Nov 2013,Radio Times)

3. Thomas Zaller, a former employee of Premiere Exhibitions that currently runs Titanic:The Artifact Exhibition, is being sued alleging he used protected information and some of Premiere’s materials to create a copy of its exhibition in Macau, China. “Premiere said Zaller used underwater videos owned by Premier and photos of Premier’s Singapore exhibition to promote its competing exhibition on the Internet, in the media and at trade shows in the United States.” Zaller sought dismissal of the suit against him and his companies claiming the federal court lacked jurisdiction and not the right venue. U.S. District Judge William Duffey Jr. ruled that the court had jurisdiction over the trademark infringement claims against Zaller and the U.S. entities, but dismissed Zaller’s Singapore-based company as a defendant, finding that it had acted outside the United States and had no interaction with U.S. consumers,” reported Courthouse News Service.
Source: Titanic Exhibit Creators Pick Up Steam in Court(7 Nov 2013,Courthouse News Service)

Okay We Thought It Was Belfast, England, Las Vegas….Now Atlanta; Update On Titanic Exhibit Allegedly Shut Down By Water

Another day, another city where a Titanic exhibition may have been shut down by a water leak. The Daily Mail is reporting they think it was the Titanic exhibition in Atlanta, Georgia. That exhibition is at Atlantic Station in Atlanta, GA along with the Bodies exhibition. However Daily Mail is cautious and in the bullet points notes:

  • Exhibition believed to be taking place in Atlanta, USA
  • Not known when sign was put up or for how long exhibition was closed

Which means they are dart throwing and hoping it lands in the right place. I checked the Twitter page for this exhibition and found no mention (thus far) of any closure due to water. There are other cities out there with Titanic exhibitions. Let’s spin the wheel and see where it takes us next.

Wonder how that Titanic sinking hotel is doing these days. 🙂

Sources: Sunk Again! Titanic Exhibition ‘Closed Due To WATER DAMAGE‘(7 November 2o13,Daily Mail)

Titanic:The Artifact Exhibition-Atlanta

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