The Bourbon downturn and it's Louisville impact

Access Louisville

The bourbon news doesn't seem to stop flowing.

We chat about a major strategy change for Louisville-based distiller Brown-Forman Corp. (NYSE: BF-A, BF-B) on this week's Access Louisville podcast. The discussion was spurred by the recent news that the company, which owns Jack Daniel's, Woodford Reserve, Old Forester and other spirits brands, is laying off 12% of its global workforce and shutting down its Louisville cooperage.

You can read more about the news from Brown-Forman here, as well as some reaction from the industry on the cooperage closure specifically.

We chat about what the news means for local tourism.

Bourbon sales are undoubtedly slowing down. But the famed Kentucky spirit still has plenty of fans that are up for a visit. You can check out our most recent list of the area's biggest bourbon attractions here.

We also discuss a local Hemp company that's considering a similar tourism-driven facility in Louisville.

After the bourbon and hemp talk, we switch gears to talk movies — which is becoming an emerging industry in the state.

You can read about a movie being shot in Louisville, "Dead Man's Wire" that has received $4 million in tax incentives from the state of Kentucky here. You can also read more about Kentucky's emerging film industry in this Q&A with Soozie Eastman founder and president of 502 Film and chair of the Louisville Film Commission. Eastman made a guest appearance on Access Louisville last year.

Access Louisville is a weekly podcast from Louisville Business First. It's available on popular podcast services, including Apple Podcasts and Spotify, which are linked above. You also can listen to the show in the player above.