It was a strictly financial decision. The revenues just aren't there anymore. People think we wanted to take the show on the road, but that's not true.
We needed to find a better partner, one that better understands our values. CMT's audience is the heartland of America; that's the same type of loyal audience 'Miss America' has enjoyed; they respect the traditions and values of this organization.
[Pageant officials thanked the Atlantic City community for its longstanding support of the pageant.] We thoroughly appreciate the assistance we have received from the Atlantic City community, and the state of New Jersey over the past 85 years, ... The entire community has embraced Miss America, its contestants and the pageant's rich history.
The decision to leave the longtime home in Atlantic City was made after extremely careful deliberation and with the highest level of respect for the countless friends, volunteers and fans of the pageant.
The days of big money are gone, and the days of big-money production companies are gone. The big money just wasn't there anymore, and we had to face that reality.
We've received four unsolicited calls today. They want to start talking. They want to talk about the bidding process.
We're trying to promote these young ladies as tomorrow's leaders. We're going to push scholastic achievement, creative accomplishment, healthy living and community involvement.
There's really one major difference between this tax return and last year's, and that is the difference in television income. That just flowed all the way to the bottom line.
The pageant's continued vitality and growth.
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