Internet has produced a bumper crop of box-office flops of late, particularly on the entertainment front.
Published:
12 November 2000 y., Sunday
Hollywood and the Internet are a lot alike. And plenty of celebrities are willing to trade their endorsements for a piece of the box office.
Tom Arnold doesn't use the internet that much.He primarily plays solitaire on his computer and only goes online to answer e-mail. Yet that did not sway the actor from joining the board of directors and acting as spokesman for Broadband Infrastructure Group, a St. Louis Internet company. Eventually he plans to launch an Internet talk show with the company's help.
Before joining Broadband, Arnold was approached by other Internet companies promising stakes in their ventures in exchange for an endorsement. "You get into these meetings and people have some very big numbers for you," Arnold says. "For a minute I believed them.
"But the Internet is just like Hollywood. Every movie is going to be a hit movie and everyone is going to make half-a-billion dollars and it doesn't always work that way. That's how the Internet goes."
To be certain, the Internet has produced a bumper crop of box-office flops of late, particularly on the entertainment front. For dot-com start-ups with little cash on hand, granting rich option packages to celebrities such as supermodel Cindy Crawford is a sure-fire method of securing instant branding and a measure of credibility for their sites. For the celebrities, it's a chance to gamble on the Internet bonanza like any other investor, and an opportunity to get involved in ventures in which they may share an interest beyond their mainstream careers.
While some celebrities simply represent online companies, a few, like Shaquille O'Neal, Martha Stewart and Oprah Winfrey, have become Internet moguls in their own right. Stewart runs Martha Stewart Living Omnimedia, which went public last year and includes her MarthaStewart.com site in addition to her Martha Stewart Living newspaper, magazine and television offerings.
Šaltinis:
Interactive Week
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
In 2009, the Air of Architects team is coming back to Vilnius!
more »
Almost twenty years after it fell - this chunk of the Berlin Wall still stands in the centre of the German capital.
more »
Jose Fuster -- a proud product of the Castro era -- works out of a studio in the Jaimanitas section of Havana -- where mosaics and sculptures have created an island of brightness among the city's humble suburbs.
more »
The presentation of Austria within the “ARTscape“ programme is special for Austrian city Linz like Lithuania’s Vilnius is awarded the title of the European Capital of Culture this year.
more »
The 15 foot long tiger is the design of world reknown sand artist Sudarsan Pattnaik. He wanted to thank Indian cricketer Sachin Tendulkar for dedicating his 42nd Test century to tiger conservation.
more »
An international patisserie competition is held in Tokyo.
more »
The premiere of Peter Eötvös’ latest opera, Love and Other Demons (based on the novel by Gabriel Garcia Marquez), will be presented as the co-production by culture institutions of two countries.
more »
14th Vilnius international film festival starting on 19 March this year for the first time in its history will introduce the competition programme “New Europe - New Names”.
more »
Hao Guang, a French-Chinese painter, who moved into 798 five years ago and now has trouble making ends meet.
more »
More than 60 years after Mahatma Gandhi`s assassination, his great-grandson, Tushar Gandhi, is appealing to stop an auction of his grandfather's surviving possessions from going ahead in New York.
more »