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If red wine’s good, are resveratrol pills even better? Foster’s Group Gains After Merrill Lynch ‘Buy’ Rating EU trade pact will flood Korea with cheap wine Liv-Ex has helped establish a vibrant market for fine wines — and brought a little transparency to a murky business. Fortune Brands to Webcast July 24 th Conference Call […]
A law firm representing Inertia Beverage Group (IBG) sent a threatening letter on July 14 to Wine Industry Insight demanding that it remove IBG’s Series C offering brochure from an article published on its web site on July 8 (IBG Looking For $24 to $29 Million, “Do Or Die” To Acquire New Vine Assets) The […]
Action Packed Schedule Finalized For 5th Annual Wine Industry Technology Symposium Early Bird Registration Discount Ends July 3 June 17, 2009. Napa, CA – The Wine Industry Technology Symposium (WITS)®, the premier event showcasing innovation and strategic use of information technology and services for the wine industry, announced today the complete action packed schedule for […]
Constellation’s quarterly profit slumps Sonoma Valley Wine Auction changes policies TX: Cotton-to-wine grape transition pays off Napa Valley Destination Council taps Clay Gregory to lead group NY: State winery count climbs to 275 Drinking Mexican Wine with the Locals in My Secret Idaho Ripon Winemaker has a very good year hauling in a fistful of […]
Multiple sources noted Monday that the Inertia Beverage Group/New Vine saga has gotten weird enough to merit its own reality show. While developments have been sketchy, Wine Industry Insight has managed to corroborate the following with multiple sources familiar with the events: NEW VINE AUCTION DELAYED IBG has delayed the auction of New Vine’s assets […]
FOR IMMEDIATE RELEASE July 13, 2009 Contact: Tom Wark Wark Communications 707.933.9313 tom@warkcommunications.com INERTIA OFFERS POTENTIAL NEW VINE AUCTION BIDDERS ADDITIONAL TIME New Vine Asset Auction to be held Monday, July 27th, 2009 (Napa, CALIF)—July 13, 2009 Inertia Beverage Group (IBG) announced today that the auction scheduled for the sale of New Vine’s assets will […]
The Santa-Rosa Press-Democrat is reporting that the feud between Korbel Champagne Cellars’ owner Gary Heck and his daughter is getting nastier and more bitter by the day. “When Korbel Champagne Cellars’ owner Gary Heck sued to find out who was saying nasty things about him on the Internet, he might have been surprised to discover […]
Virus-resistant grapevines that make antibodies Amorim unveils whole cork that is cheaper than synthetic Obama presents N.C. wine to Italian president UK Plonk Watch: French wine slips into fifth place with British drinkers Winery’s ‘dream job’ idea leaves an aftertaste Ontario: Woman to be sentenced next month for $7.4 million winery fraud University of Missouri […]
Fred and Nancy Cline, owners of Sonoma’s Cline Cellars and Jacuzzi Family Vineyards, along with their partners at The Cellars at Betty’s Creek, recently donated land valued at $17.1 million to North Carolina State University’s College of Agriculture and Life Sciences. The gift, which comprises a conservation easement valued at $15.5 million and $1.6 million […]
July 9, 2009 Statement from Ted Jansen, President and CEO of Inertia Beverage Group Inertia Beverage Group is proud of our recent cash advancement into New Vine, which ensured service for customers across the country and benefits creditors by preserving and protecting the value of the collateral being sold. Next week’s auction, in which all […]