Which costs more, a bottle of Fat Bastard or a Tselepou (TAH-lep-poo)? What about a Cupcake versus some other name that's difficult for Americans to pronounce? Turns out, when it comes to wine, research suggests that the name alone can affect how much consumers are willing to pay for it. But is it that easy to dupe an oenophile?
Right now, Corona is sold in the U.S. through a joint venture with wine and spirits company Constellation Brands, though Modelo has the right to end that arrangement in 2016. Some of deal's potential $20 billion price tag would be a payment to Constellation, Bloomberg News reported Monday, citing anonymous sources.
Belgian brewing giant Anheuser-Busch InBev could command more than half the U.S. market if it wins control of Mexico's Grupo Modelo, likely drawing antitrust scrutiny that could complicate any deal and potentially force divestments.
The Wall Street Journal reported Sunday that the two companies are nearing a $12-billion deal that would involve Belgium-based Anheuser-Busch taking control of Grupo Modelo, which produces Corona Extra, the bestselling imported beer in the U.S.
The biggest players in the region's wine industry gathered around a big table Monday at Niagara University's Bisgrove Hall, eager to capitalize on the buzz of Nik Wallenda's wire walk over the Niagara Gorge and have the ear of U.S. Rep. Kathleen Hochul, who called them all together.
Wines made from 100 percent cabernet sauvignon are common these days. But that hasn't always been the case. In Bordeaux, for example, where cabernet has been grown since the 18th century, it is nearly always blended with at least one other grape.
Learning about wine can take a lifetime. It's no problem, however, since the course of study can be as enjoyable as you desire, or as limited as getting to know one wine type well and sticking with it.