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VOL. 130 | NO. 233 | Tuesday, December 1, 2015

Daily Digest

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FedExForum to Get $550,000 Update

Renovations are on the way for the FedExForum.

Montgomery Martin Contractors has applied for a building permit for “interior renovation of existing offices” for the venue at 191 Beale Street. The permit amount is $550,000.

The Grizzlies applied for a $350,000 building permit in June as the beginning of a multi-phase renovation.

Improvements in the first phase – which were complete before the season – included the addition of a new state-of-the-art video and screening room for coaches and players to analyze game and practice footage, renovation of coaches’ offices and new space for front office personnel.

Jason Wexler, the Grizzlies’ president of business operations, said in June that the facilities improvements “represent another step towards creating the best-in-class basketball organization that Robert Pera envisions.”

– Madeline Faber

Memphis-Based V2 Media Acquires Media Source

Two Memphis video production companies have come together via an acquisition.

V2 Media, which has been in the video production business since 1989, has acquired Media Source, a firm that has offered corporate/broadcast video production and media monitoring services since 1994.

The acquisition, according to the companies, “will enable V2 Media to enhance its video production offerings, adding additional bench strength and a fresh creative perspective to its team while allowing clients of both businesses to benefit from the expanded scale and combined resources.”

V2 partners Dusky Norsworthy and Mark Thompson assumed management of Media Source’s operations on Nov. 23, with Media Source founder and president Joe Incardona serving as an outside consultant to assist with the merger.

In addition to video production, V2 offers Web and mobile app design, among other services. Its affiliated company, Behind the Scenes, is a global project management firm specializing in event and meeting management, printing and fulfillment, and multi-media production.

– Daily News staff

Pinnacle Adds To Team in Memphis

Pinnacle Financial Partners has added some new local talent to its Memphis ranks.

The Nashville-based bank, which in recent days wrapped its acquisition of Memphis-based Magna Bank, has brought on three veterans of First Tennessee Bank as well as a senior portfolio manager from Metropolitan Bank.

Stacey Fantom and Jenny Thompson are new Pinnacle senior vice presidents and credit advisers from First Tennessee and Metropolitan, respectively. They’re based at Pinnacle’s Memphis headquarters, 6525 N. Quail Hollow Road.

Meanwhile, two additional First Tennessee veterans are also joining Pinnacle’s Quail Hollow team.

Gilland Sanders is a financial adviser assistant in Pinnacle’s client advisory group. And Alan Poindexter is a client service specialist.

– Andy Meek

Overton Square To Light Up Thursday

There are less than a month’s worth of shopping days until Christmas, which means holiday-themed events around Memphis are now upon us. The festivities start ramping up this week with things like Overton Square’s “Light up the Square” event Thursday.

Visitors to the square can look forward to holiday open houses and the official flipping of the switch that night, along with entertainment that includes performances by the Rozelle Elementary Choir; “Key of She”, the White Station High School a capella choir; the St. Mary’s High School Chamber Ensemble Choir; and the Central High School Warriors Marching Band. The Amurica Photo Booth will also be on hand, along with “Santa’s representative.”

Madison Avenue will be closed to traffic Thursday from 5 p.m. to 9 p.m.

– Daily News staff

Search Underway For New Memphis Football Coach

Justin Fuente is officially the new football coach at Virginia Tech, and at the University of Memphis the search for his successor has officially begun.

Fuente, who coached the Tigers for four seasons, was 19-6 over the last two. The Tigers defeated SMU last Saturday, 63-0, in what was Fuente’s final game.

Memphis athletic director Tom Bowen named co-offensive coordinator Darrell Dickey as interim coach, and Dickey will coach the 9-3 Tigers through a bowl game yet to be determined.

On Sunday, Nov. 29, Bowen met with the media to formally announce the search process has begun. Multiple media reports have named Missouri defensive coordinator Barry Odom as the U of M’s top target; Odom served as defensive coordinator for three years at Memphis under Fuente.

Missouri also has a vacant head coaching slot with the retirement announcement of long-time coach Gary Pinkel. Odom apparently is one of several candidates in the mix for the Missouri job; Missouri associate coach Andy Hill, however, has been designated as the interim coach in Columbia, Missouri.

Bowen, noting that coaches can recruit in-person during the first two weeks of December, said making a hire in a timely manner is a “priority.” But he placed more emphasis on making sure the hire is a good fit. “It’s about finding the right leader,” Bowen said.

– Don Wade

Short Film Festival Set For Hard Rock Next Summer

The On Location: MEMPHIS Film & Music Festival has announced its second annual shorts festival for the summer of 2016.

For the second year in a row, each Tuesday during the month of July shorts from around Memphis and around the world will be screened at the Hard Rock Cafe, 126 Beale St. Four categories make up the program: live action, animation, documentary and the newly added On Location: MEMPHIS live action, which showcases projects from around the Bluff City.

One winner will be chosen from each category for entry into the 17th Annual On Location: MEMPHIS International Film & Music Festival on Labor Day weekend. Prizes will also be presented to each winning entry.

The festival will begin accepting submissions online beginning Dec. 1.

Filmmakers will be notified of their project’s status on or around April 30.

Films do not need to be a premiere but should not have a distribution deal in place. Each project must also be in English with no subtitles, appropriate for all ages and run 25 minutes or less.

– Andy Meek

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 86 393 21,159
MORTGAGES 94 424 24,785
FORECLOSURE NOTICES 0 93 8,703
BUILDING PERMITS 173 1,010 43,347
BANKRUPTCIES 52 292 14,194
BUSINESS LICENSES 15 90 6,491
UTILITY CONNECTIONS 28 167 13,678
MARRIAGE LICENSES 12 89 5,158

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