Thank you my upside down friend for your commentary about the Lindsey Lohan (Lilo) to this post -> http://urbanomics.blogspot.com/2007/07/urb-buzz-july-07.html. I love to debate so here we go:
First you say Lilo is not risky or unreliable. Wrong, she is risky because the cops found COKE on her and all she could say was that she borrowed someone's jeans and that's why drugs were found. Remind me to accidently borrow your jeans when you win the lottery. Unreliable, again she get the top prize because a movie has been put on hold because guess what...Lilo is a train wreck. So yes, before I jump ship I asked myself the same two questions you posed:
1. Does the person still make money - Investors evaluate the time value of money. Roll with me homey...the possibility Lilo will continue to make top dollar in the future is shrinking rapidly.
2. Will her actions affect future profits - Yes, when movie investors - big banks that fund movies, insurance companies that fund movies, and movie goers realize that Lilo is a train wreck the money stops flowing. And supposedly some of the insurance companies are pulling the plug...I know I would.
Finally, I do agree with you and most actors get a second, third and fourth chance...but like stock market crashes people do not quickly forget when they've been burned. And no CEO's drunk driving will not cause a stock to dive, but remember these incidents:
1. Martha Stewart - stock tanks
2. Rigas Family scandal - Adelphia telecommunication company split in pieces and sold
Honorable Mention - World Wrestling Entertainment, traded a little lower when people actually thought Vince McMahon died in one of WWE crazy televised stunts
Notice, big investors are pulling the plug on Michael Vick, Rawlings just canned him, Nike and Reekbok put his products on hold...and he hasn't even been indicted. Why, because the RISK is just to HIGH
get ur URB on
1 comment:
:-)
You made my point.
The fact that stars get soooo many chances proves that there is nothing to worry about with Lindsey.
Look at Snoop Dogg or P. Diddy. All REALLY famous people. Both had murder or shotting cases on their hands. Are they still making millions? Yup.
Look at Michael Jordan with the gambling problems. Is that the best role model for kids? Nope. But do people still buy his shoes for their kids? Yup.
Even Edie Murphy got in the mix when he picked up the prostitute. But he's still making money.
Even with Martha Stewart. Yes the stocked "dipped" but that is because people were uncertain about the future. But the company is doing fine and people realized that Martha Stewart is more than one person. It is a company and a brand. Which is the point I was trying to make earlier.
As long as the company performs, sponsors and people in general will back them. Look at Howard Stern. This dude takes the cake as being one of the top people doing crazy things that goes against our moral culture. Does he still get paid? Yup. Because it sells.
Look at Brittney and Paris H. Both wilin' out. Will it affect their sale negatively? Nope, it will increase them.
I can tell you what will happen.
Lindsay will do her community service, maybe even a Oprah/Babara Walters/Tyra then everyone will not care any more and move on. Why will they move on? Because people still consider this stuff entertainment. Even though what happened to Lindsey is real. People read about it in their People's Magazine then get on with their lives.
When it comes to Hollywood as long as you 1) aren't a racist or 2) get "convicted" of murder you can always come back.
PS - And as for Mike Vick: He sales a WHOLE lot less than Lindsey so it's nothing for sponsors to pull the funding. Its the same for IMUS. That dude wasn't making MSNBC that much money. So again it's easy to pull the sponsorship. But let Michael Jordan get into something bad and sponsors think twice maybe four or five times before they pull out.
As long as you're the star in your genre or niche you can really do no evil.
I am not saying it's right. But its the truth.
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