Australian drinks giant Foster’s announced that it will split its beer and wine businesses over the next 12 months.
Revolution LLC, the investment company created by AOL co-founder Steve Case, is taking a stake in Internet wine seller Vinfolio in a bid to transform the privately held firm into the “eBay of fine wines.” Terms were not disclosed.
Sad news: The E. & J. Gallo Winery announced that Albion Fenderson, its first sales manager and a trusted confidant of Ernest and Julio Gallo, passed away in Modesto, CA, at the age of 96.
Acclaimed filmmaker Ken Burns will examine America during the Prohibition years in a new documentary to be released in 2011, “Forbidden Fruit.”
Whiskey retailer Masters of Malt introduced a “Drinks by the Dram” program, selling 30ml samples from full-sized whiskey bottles.
A new website will allow winemakers to rate their distributors and publish distributor reviews.
UnCorkings, our weekly update on the top news stories in the wine and spirits industry, runs every Monday.