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Talk of the Bay
Titanic owners keep toes in local water
By SCOTT BARANCIK
Published September 4, 2006
RMS Titanic Inc. moved its headquarters from Clear- water to Atlanta nearly six years ago. But the bay area remains a key port of call for the company, which owns exclusive rights to the Titanic shipwreck. The company hired International Advantage Inc. of Tampa last year to run a Titanic exhibit in Greece. And under its new moniker, Premier Exhibitions, it chose Tampa's MOSI as the inaugural site for its Bodies ... The Exhibition show. Though Premier's over-the-counter stock hit a low of 5 cents a share in 2003, it graduated to the Nasdaq Stock Exchange in June and hit a high of $7.15 the next month. Bodies accounted for 70 percent of Premier's revenues in the most recent quarter. The company remains as controversial as ever. But critics who said it exploited Titanic's victims for profit have largely been replaced by those who say the Bodies' exhibit exploits its Chinese cadavers.
[Last modified September 4, 2006, 05:54:10]
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